Written by 2:23 PM Mortgage Industry News Views: 13

Neutral Rate

In a Canadian context this refers to the level of the Bank of Canada overnight rate that neither stimulates nor restrains economic growth and inflation.

This is a theoretical long-term rate used in economic modelling.

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Last modified: April 26, 2017

Robert McLister is one of Canada’s best-known mortgage experts. A mortgage columnist for The Globe and Mail, interest rate analyst and editor of MortgageLogic.news, Rob has been covering Canada's mortgage market since 2007.

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