8/20/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Mortgage rates are going up, according to a panel of experts. ... More

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  8/16/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The latest forecast from CIBC Capital Markets is for Canadian interest rates to increase again in December this year.

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  8/9/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Should Poloz and his policy team sit on their hands for now or entertain at least one more rate increase in the coming months?

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  7/28/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Canada’s economy accelerated far more than expected in May amid growth in the energy and manufacturing sectors, pointing to solid momentum in the second quarter ... More

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  7/24/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Many of the world's central bankers, including in Canada, had been stubbornly tied to low-for-longer interest-rate regimes following the recession. That time has ... More

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  7/12/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Three of Canada's biggest banks are boosting their prime lending rates by 25 basis points, following an interest rate hike from the central bank.

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  7/12/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Central Bank raised its new target for the overnight rate to ¾% today, citing a confident financial outlook and above-potential ... More

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  6/30/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Canada’s economy grew for a sixth consecutive month with gains in a majority of industries, underlining the central bank’s view a durable recovery from an oil shock ... More

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  6/28/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Canadian dollar rallied to a four-month high and investors ramped up bets for a rate increase as early as next month after Bank of Canada Governor Stephen Poloz reiterated ... More

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  6/15/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The U.S. Federal Reserve raised its trend-setting interest rate on Wednesday for the third time in six months to the highest level since the global financial crisis hit in the ... More

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  6/12/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada offered its strongest signal yet that it’s ready to raise interest rates as the economy gathers steam, in surprise comments that sent the Canadian ... More

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  6/12/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The latest jobs performance could put pressure on the Bank of Canada to increase interest rates, according to one veteran.

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  6/8/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Rates at alternative lenders have increased by as much as 150 basis points since the start of April

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  5/24/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.

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  5/5/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Mortgage borrowers should be prepared for a rise in interest rates which could mean a 2.5 per cent rise by 2021 says Desjardins.

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  5/3/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The current troubles of Home Capital Group might lead to higher mortgage rates for less credit-worthy borrowers if concerns about the sector trigger an increase in funding ... More

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  4/28/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Here’s the least surprising news you’ll hear all day: Interest rates are not doing what most experts predicted.

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  4/12/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the ... More

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  3/17/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The possible impacts of the U.S. Federal Reserve’s decision on March 15 (Wednesday) to raise its key interest rate from 0.75 per cent to 1 per cent should not be ... More

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  3/15/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Federal Reserve has raised its benchmark interest rate for the second time in three months and signalled that any further hikes this year will be gradual. Higher rates ... More

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  3/14/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Locking in a rate before mortgages become more expensive is the best choice at present, as recent developments have pointed at a possible U.S. Federal Reserve rate hike in ... More

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  3/1/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada is holding its trend-setting interest rate at 0.5 per cent but it's keeping a watchful eye on "significant uncertainties'' that it warns ... More

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  2/24/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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In the wake of its report on the unsustainability of the Canadian housing market, Fitch Ratings predicted that mortgage rates will remain at record-low levels for the first six ... More

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  1/18/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada is holding its benchmark interest rate at 0.5 per cent and providing a deeper assessment of the risks associated with the big economic unknowns of a Trump ... More

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  1/14/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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With the release of the Bank of Canada’s most recent Business Outlook Survey came insights into the central bank’s policy position – and, indeed, the future ... More

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  12/16/2016 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Any move by the U.S. Federal Reserve will have a noticeable impact on the Canadian financial system - and this is especially true for any fluctuation in the Fed’s ... More

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  12/12/2016 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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There are few certainties in life, but if the economists and experts who monitor the U.S. central bank are to believed, one of them is that the Federal Reserve is going to ... More

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  11/25/2016 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Bank of Canada Governor Stephen Poloz is set to give a speech Monday which could give hints about whether an interest rate cut is coming on Dec. 7.

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  11/19/2016 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Shopping for a mortgage, these days, is a lot like shooting those tin ducks at the carnival. To get the best mortgage rate deal you need to hedge and shop ... More

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  11/1/2016 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Broker fears were confirmed Tuesday, with one big bank raising its prime rate less than a month following new mortgage rules.

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