consumer sentiment Archives - Mortgage Rates & Mortgage Broker News in Canada

Near-term inflation expectations remain high, BoC surveys show

April 1, 2024 No Comments

While inflation expectations among businesses are steadily falling, Canadian consumers continue to expect elevated prices in the years ahead.

Despite the BoC’s growth outlook, Canadians are bracing for recession: TransUnion

July 12, 2023 No Comments

While the Bank of Canada’s latest growth forecasts remain positive for the year ahead, Canadians aren’t taking any chances.

Optimism prevails among first-time and prospective homebuyers despite economic challenges, survey finds

June 20, 2023 No Comments

Despite rising interest rates and a challenging economic environment, first-time and prospective homebuyers are much more optimistic about Canada’s housing market compared to the general population.

BMO & CIBC hike fixed rates, and more lenders could join them as bond yields rise

June 7, 2023 No Comments

Numerous lenders continued to raise fixed mortgage rates this week, including several big banks, and more hikes could be on the way as short-term bond yields hit a 15-year high.

CMHC consumer survey reveals the importance of follow-up contact by mortgage brokers

May 11, 2023 No Comments

There was a simple but important lesson for mortgage brokers in CMHC’s 2023 Consumer Survey released Wednesday: follow-up contact leads to more satisfied clients.

Carolyn Rogers, senior deputy governor of the Bank of Canada,

The Latest in Mortgage News: Recent hikes are “painful” for variable-rate mortgage borrowers, says BoC

November 23, 2022 No Comments

Homebuyers with a variable mortgage rate are facing a “painful” adjustment as interest rates continue to rise, the Bank of Canada’s Senior Deputy Governor Carolyn Rogers said this week.

consumer sentiment