economic outlook Archives - Page 3 of 5 - Mortgage Rates & Mortgage Broker News in Canada

July 20, 2022 1 Comment

Despite June’s headline CPI inflation reading rising to a near-40-year high, it was less than markets had expected.

July 13, 2022 No Comments

Having been behind the inflation curve for many months, the Bank of Canada today tried to get ahead of it by delivering a surprise 100-bps rate hike.

July 10, 2022 2 Comments

Markets and economists alike overwhelmingly expect the Bank of Canada to lift its policy rate by 75 basis points when it meets this Wednesday.

July 8, 2022 No Comments

Rapidly rising interest rates and other economic headwinds mean it’s becoming increasingly likely Canada will enter into a recession.

June 8, 2022 No Comments

Fixed mortgage rates are back on the rise after Canadian bond yields surged to a 13-year high on Wednesday.

April 13, 2022 No Comments

As was widely expected, the Bank of Canada raised its benchmark lending rate by 50 basis points on Wednesday, bringing it to 1.00%.

April 11, 2022 No Comments

All eyes will be on the Bank of Canada’s rate decision on Wednesday, which could see the largest rate hike in over 20 years.

April 8, 2022 2 Comments

As fixed mortgage rates continued to rise last week, variable-rate holders are expected to see their own increase next week.

March 16, 2022 No Comments

After tumbling in late February, Canadian bond yields have since bounced back and beyond, reaching a three-year high on Wednesday.

March 16, 2022 No Comments

Despite the prospect of higher interest rates ahead, nearly three-quarters of mortgage holders say they could handle a 20%+ rise in monthly payments.

economic outlook