consumer expectations
Higher interest rates eroding business and consumer sentiment: BoC
October 16, 2023
1 Comment
Between interest rate increases of over 450 basis points (4.50%) since April 2022, and an expectation of persistently high inflation, both Canadian consumers and businesses say they are now feeling the impact.
Canadian recession imminent and could last through the first half of 2024: Desjardins
August 31, 2023
No Comments
Despite Canada’s economy outperforming expectations over the last few quarters, signs are starting to suggest a slowdown is on the horizon, according to a report from Desjardins.
The latest in mortgage news: Fixed rates continued to climb this week
June 30, 2023
No Comments
While the pace of fixed-rate increases has slowed, lenders continued to bump mortgage rates higher this week, including three of the big banks.
The latest in mortgage news: Arrears rate rises from its all-time low
January 24, 2023
No Comments
Canada’s national arrears rate ticked up from its all-time low in October, according to data from the Canadian Bankers Association.
Search
Copyright © 2024 - Canadian Mortgage Trends