rate decision Archives - Mortgage Rates & Mortgage Broker News in Canada

Rate hold means status quo for Canada’s struggling housing market: experts

April 16, 2025 No Comments

Real estate watchers say the Bank of Canada’s decision to hold its key policy rate steady at 2.75% will likely keep a sluggish housing market at the status quo.

BoC holds rate at 2.75%, outlines two paths for economy as trade tensions cloud outlook

April 16, 2025 No Comments

The Bank of Canada held its benchmark interest rate at 2.75% on Wednesday and unveiled two diverging scenarios for the economy, reflecting the unprecedented uncertainty triggered by U.S. tariffs.

BoC expected to pause this week, but more rate cuts still likely

April 14, 2025 No Comments

With markets nearly split—pricing in a 40% chance of a rate cut and a 60% chance of a hold—the Bank of Canada’s upcoming rate decision on Wednesday is still very much up in the air.

This week’s economic watchlist: CPI, home sales and the Bank of Canada

April 13, 2025 No Comments

It’s set to be an important week for Canada’s economy, with key data on inflation, housing and consumer spending arriving just ahead of the Bank of Canada’s latest interest rate decision.

Bank of Canada cut will prompt lower variable mortgage rate costs: Ratehub

January 29, 2025 No Comments

Experts say homeowners with variable mortgage rates will benefit from lower monthly payments after the Bank of Canada’s latest cut to its key policy rate.

Interest rate cut welcome news for homeowners with variable-rate mortgages: experts

September 4, 2024 1 Comment

Real estate experts say the Bank of Canada’s third consecutive interest rate cut is welcome news for variable-rate mortgage holders, but it could still be some time before significant demand returns to the market.

Strong U.S. inflation could delay rate cuts on both sides of the border

April 10, 2024 No Comments

While the Bank of Canada left its benchmark rate unchanged as expected today, markets instead turned their attention to today’s hot U.S. inflation report.

Economists rule out rate cut this week, but all eyes on BoC statement and forecasts

April 8, 2024 No Comments

The Bank of Canada is widely expected to leave interest rates unchanged this week for the sixth straight meeting.

Tiff Macklem, governor of the Bank of Canada, speaks during an event at the Toronto Region Board of Trade in Toronto

“Still too early” to start cutting rates, says BoC’s Macklem

March 6, 2024 No Comments

Following today’s decision by the Bank of Canada to leave interest rates on hold, Governor Tiff Macklem said plainly that it’s still too early to being

Sticky inflation to push Bank of Canada rate cuts to at least June: economists

January 22, 2024 No Comments

A majority of economists believe stubborn inflation is likely to delay the first Bank of Canada rate cut until at least June.

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