5/30/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada kept its key interest rate target on hold Wednesday but hinted that rate hikes could be coming as it noted the Canadian economy was a little stronger than ... More

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  5/28/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Canada’s big banks are locked in a competitive pricing war over variable-rate mortgages, but economic trends point to more interest rate hikes ahead — leaving ... More

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  5/9/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Bank of Canada will probably raise rates twice this year, likely in the summer and in fall according to Dominion Lending Centres chief economist Sherry Cooper.

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  4/27/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Two of Canada's biggest banks are raising their benchmark rates for five-year, fixed-rate mortgages.

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  4/18/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada is maintaining its trend-setting interest rate as its careful assessment of the timing of future hikes continues amid a backdrop of moderating growth.

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  3/7/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada maintained its target for the overnight rate at 1 1/4 per cent as expected. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 ... More

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  1/17/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada pushed forward with another quarter-point interest rate increase and said more hikes are likely coming, even as it cautioned it isn't in any rush to ... More

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  1/15/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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If the Bank of Canada decides to increase interest rates this week it will pile further pressure on millions of already-struggling households, while some lenders are already ... More

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  12/15/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada is increasingly confident the economy will need less stimulus over time, Governor Stephen Poloz said on Thursday in an end-of-year speech that boosted the ... More

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  12/6/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada stuck with its trend-setting interest rate, but it offered fresh, yet cautious, warnings to Canadians that increases are likely on the way.

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  10/25/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada left its benchmark interest rate unchanged Wednesday following two straight hikes but suggested future increases are still likely, albeit at a more gradual ... More

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  9/28/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Bank of Canada Governor Stephen Poloz could pause monetary tightening this year over concerns about the impact of higher interest rates for consumers holding record debts, ... More

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  9/7/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Canada’s big banks were quick to announce increases to their prime lending rates to 3.2% Wednesday.

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  9/6/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada forged ahead with another interest rate hike in a nod to the country’s surging economy, while signaling its appetite for further tightening may be ... More

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  9/1/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The economy is growing at the fastest pace in 15 years and that has some analysts changing their calls for a Bank of Canada hike from October to next week.

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  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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