Tag: Bank of Canada

Too Early For Rate Decrease: Bank of Canada

Bank of Canada Cuts Target Interest Rate By 0.25%

The Bank of Canada’s decision to lower its key lending rate by a quarter point to 4.75% today is welcome news for many borrowers.

Although the impact of a single rate cut is limited, it signals the start of the central bank’s easing cycle, with more rate cuts anticipated later this year and into the next.

The Housing and Mortgage Market Review: Q2 2024

The Housing and Mortgage Market Review: Q2 2024

Mortgage Professionals Canada is delighted to announce our new collaboration with Oxford Economics in delivering our revamped Housing and Mortgage Market Review. This essential resource is designed to help you stay on top of the latest economic trends and forecasts, aiding you in strategic mortgage planning.

Mortgage Interest Rate Cuts In June?

Mortgage Interest Rate Cuts In June?

February’s inflation numbers suggest a possible shift in the monetary policy stance of the Bank of Canada, with speculation rising that it may opt for its first mortgage interest rate cut as early as June.

Too Early For Rate Decrease: Bank of Canada

Too Early For Rate Decrease: Bank of Canada

The Bank of Canada’s Governing Council is hesitant to pinpoint when they might begin easing interest rates, as indicated in the summary of discussions from their January 24 meeting.

Too Early For Rate Decrease: Bank of Canada

Bank of Canada Cuts Target Interest Rate By 0.25%

The Bank of Canada’s decision to lower its key lending rate by a quarter point to 4.75% today is welcome news for many borrowers.

Although the impact of a single rate cut is limited, it signals the start of the central bank’s easing cycle, with more rate cuts anticipated later this year and into the next.

READ MORE
The Housing and Mortgage Market Review: Q2 2024

The Housing and Mortgage Market Review: Q2 2024

Mortgage Professionals Canada is delighted to announce our new collaboration with Oxford Economics in delivering our revamped Housing and Mortgage Market Review. This essential resource is designed to help you stay on top of the latest economic trends and forecasts, aiding you in strategic mortgage planning.

READ MORE
Mortgage Interest Rate Cuts In June?

Mortgage Interest Rate Cuts In June?

February’s inflation numbers suggest a possible shift in the monetary policy stance of the Bank of Canada, with speculation rising that it may opt for its first mortgage interest rate cut as early as June.

READ MORE

Contact Us

Can't find what you are looking for?

Contact us, and we would be happy to help. One of our knowledgeable mortgage agents can provide the expertise you are looking for.

Search

WE VALUE YOUR PRIVACY

We use cookies to enhance your browsing experience, serve ads, content, analyze our traffic and perform necessary functions to ensure you get the best experience. Learn more about M Factory’s Privacy Policy and Cookies.