inflation Archives - Mortgage Rates & Mortgage Broker News in Canada

Inflation expected to ease to 2.1%, lowest level since March 2021: economists

September 15, 2024 No Comments

Economists anticipate that Canada’s annual inflation rate in August fell to its lowest level since March 2021.

Banks and lenders cut fixed mortgage rates

CIBC forecasts ‘supersized’ Bank of Canada rate cut by year end

September 14, 2024 No Comments

The central bank may take a more aggressive approach to easing monetary policy than most have been expecting

Inflation eases further in July: Bank of Canada poised for rate cut

August 20, 2024 No Comments

Inflation is continuing to ease, leaving the door open to another Bank of Canada rate cut in September, economists say.

Bank of Canada sees less risk of housing market overheating as demand softens

August 7, 2024 No Comments

The Bank of Canada sees less risk of housing market overheating due to affordability issues.

Inflation report “all but guarantees” a Bank of Canada rate cut next week: economists

July 16, 2024 1 Comment

Experts speculate the Bank of Canada may cut rates next week following a larger-than-expected slowdown in the country’s inflation rate in June.

U.S. inflation eased in June: Good news for Canadian mortgage shoppers

July 11, 2024 No Comments

U.S. financial markets got a boost today with a lower-than-expected inflation reading, marking the lowest level since May 2020.

Canadian bond yields rebound sharply, sending some mortgage rates higher

July 2, 2024 No Comments

After being on a downward path for the past two months, Canadian bond yields have reversed course and are once again on the rise.

How fixed-payment variable rate mortgages have saved the economy

The latest mortgage news: Variable-rate mortgages are making a comeback

June 28, 2024 No Comments

Mortgage borrowers are increasingly opting for variable-rate mortgages, a trend that is expected to continue as the Bank of Canada continues to lower interest rates.

Bank of Canada officials worry that rate cuts may overheat the housing market

June 19, 2024 2 Comments

The Bank of Canada’s top decision-makers expressed concerns before announcing this month’s interest rate cut, fearing that the rate relief could potentially overheat the housing market.

June rate cut still a “close call” despite lower inflation in April

May 21, 2024 1 Comment

Canada’s headline inflation rate continued to ease in April, leaving the door open to a Bank of Canada rate cut next month.

inflation