1/24/2023 | Posted in Interest Rates by Bashar Mahfooth
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The Federal Reserve and Bank of Canada can afford to pause interest-rate increases now because inflation pressures are easing rapidly, according to a Bank of Montreal strategist. ... More

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  1/20/2023 | Posted in Canadian Economy and Interest Rates by Bashar Mahfooth
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Economists don't believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet, even as signs grow that inflation is easing and the economy ... More

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  1/13/2023 | Posted in Canadian Housing Market by Bashar Mahfooth
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National aggregate home price posts single-digit year-over-year decline in Q4 over 2021; double-digit growth compared to 2020 and 2019 ... More

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  1/3/2023 | Posted in Mortgages and Real Estate by Bashar Mahfooth
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Despite a strong start to the year, real estate in 2022 was largely defined by a lack of affordability, spurred by one of the most polarizing interest rate hike cycles in Bank of ... More

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  12/21/2022 | Posted in Canadian Economy and Interest Rates by Bashar Mahfooth
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The end of the central bank's rate hikes may be imminent – a development that could be a welcome boost for homebuyers ... More

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  11/3/2022 | Posted in Canadian Economy and Interest Rates by Bashar Mahfooth
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The Bank of Canada is almost done with its current series of rate hikes, but consumers should brace for higher borrowing costs before the end, according to central bank governor ... More

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  10/18/2022 | Posted in Mortgage Interest Rates by Bashar Mahfooth
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While homeowners with variable-rate mortgages brace for another expected hike next week from the Bank of Canada, fixed-rates are rising too, according to rate insiders. ... More

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  10/13/2022 | Posted in Interest Rates by Bashar Mahfooth
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The Bank of Canada is not beholden to the United States Federal Reserve’s aggressive rate-hike trajectory, according to Randal Quarles, the Fed’s former vice chair. ... More

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  9/25/2022 | Posted in Mortgage Interest Rates by Bashar Mahfooth
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Over the past week, nearly all of Canada’s Big-6 banks have increased their shorter-term fixed mortgage rates. ... More

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  8/17/2022 | Posted in Interest Rates by Bashar Mahfooth
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Bank of Canada still focused on bringing inflation down, say economists ... More

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  8/9/2022 | Posted in Canadian Economy and Interest Rates by Bashar Mahfooth
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A massive rate jump at the central bank’s meeting next month is a near certainty, economists say ... More

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  7/13/2022 | Posted in Mortgages and Real Estate by Bashar Mahfooth
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The Bank of Canada has raised its benchmark interest rate by the largest amount in more than 20 years, sharply increasing the cost of borrowing in an attempt to rein in runaway ... More

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  7/12/2022 | Posted in Canadian Housing Market Predictions by Bashar Mahfooth
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CMHC revises down home price forecast over next two years to adjust for interest rate spike. ... More

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  6/17/2022 | Posted in Mortgages and Real Estate by Bashar Mahfooth
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Experts say extending the amortization period for your mortgage could keep your monthly payments in check even as you face higher interest rates, but caution that doing so comes ... More

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  6/16/2022 | Posted in Interest Rates by Bashar Mahfooth
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Economists believe it's even more likely Macklem will have the confidence to increase the benchmark rate the same as U.S. bank authority. ... More

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  6/8/2022 | Posted in Canadian Housing Market by Bashar Mahfooth
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House prices are set to continue falling across Canada as a result of the current market cooldown, with the only question being by how much, according to a well-known economist. ... More

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  5/31/2022 | Posted in Mortgage Interest Rates by Bashar Mahfooth
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The increments in the central bank’s rate hikes will become narrower in the foreseeable future, analysts say ... More

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  5/25/2022 | Posted in Canadian Housing Market by Bashar Mahfooth
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"This is more likely to be a soft landing than a severe correction or some kind of crash or meltdown" ... More

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  5/24/2022 | Posted in Mortgage Interest Rates by Bashar Mahfooth
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Notwithstanding some additional rate hikes last week, fixed mortgage rates have seemingly plateaued following a stellar run-up over the past several months. ... More

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  5/19/2022 | Posted in Mortgage Interest Rates by Bashar Mahfooth
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The cost of living continued to increase in April, raising the odds that the Bank of Canada will respond forcefully with at least a 50-basis-point rate hike at its June meeting. ... More

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  5/17/2022 | Posted in Canadian Housing Market by Bashar Mahfooth
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After two years of red-hot market activity, higher borrowing costs are causing a cool down in Canada’s feverish real estate markets during the traditionally busy spring ... More

Real Estate & Mortgage News

  5/9/2022 | Posted in Interest Rates by Bashar Mahfooth
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Following a jump in bond yields last week, lenders across the country once again bumped up their fixed mortgage rates. ... More

Real Estate & Mortgage News

  4/5/2020 | Posted in Mortgage Interest Rates by Bashar Mahfooth
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Bond yields and central bank rates have never been lower, but not all the savings are filtering down. ... More

Real Estate & Mortgage News

  3/31/2020 | Posted in Mortgage Interest Rates by Bashar Mahfooth
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Canada’s mortgage rates are creeping up even though the country’s central bank has slashed borrowing costs to combat the COVID-19 pandemic. ... More

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  3/5/2020 | Posted in Mortgages and Real Estate by Bashar Mahfooth
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Remember the Bank of Canada’s anxiety over worrisome consumer debt loads and housing imbalances? So much for that. ... More

Real Estate & Mortgage News

  3/2/2020 | Posted in Canadian Economy and Interest Rates by Bashar Mahfooth
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Just a few days before the Bank of Canada’s March 4 meeting, the Monetary Policy Council of the C.D. Howe Institute called on the institution to lower its benchmark policy ... More

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  1/29/2020 | Posted in Mortgage Interest Rates by Bashar Mahfooth
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Fixed rate mortgages could go on sale as fears of spreading coronavirus push bond yields down ... More

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