Canada's economic engine ultimately determines the mortgage rates we pay. And these days, that engine is running at a lower RPM than in the past.
"Canada's ... Read More...
No one truly knows where interest rates are headed. Yet, despite vast margins of error, all major financial institutions regularly publish rate predictions.
... Read More...
We find rate predictions more fun than astrology (and almost as accurate).
For those who give weight to economists’ rate models, the past month has been intr... Read More...
46% probability of a rate cut Sept. 7.
100% probability of a rate cut by year-end.
That’s what prices of closely-followed overnight index swaps (OIS) were i... Read More...
Over the past few months, major economists have backpeddled on their rate hike predictions.
Not long ago, the consensus of economists was projecting a July 1... Read More...
As was widely predicted, the Bank of Canada left its key lending rate unchanged at 1.00% for the sixth consecutive meeting.
A survey of 22 economists conduc... Read More...
Benjamin Tal is one of Canada’s most quoted domestic economists. In speaking to an audience at Dominion Lending Centre's National Conference, Tal outlined why i... Read More...
Since the last rate forecast in January, the long-term projection for prime rate has fallen 1/4 percentage point.
Apart from that, the Big 6 banks' rate pred... Read More...
As a whole, economists are all over the map on when the Bank of Canada will raise rates next. First-hike expectations range from May 31 to October 25.
Fo... Read More...
With the Bank of Canada maintaining the status quo yesterday, many are wondering what’s next for mortgage rates.
If you put any stock in the Big Six banks’ p... Read More...
