4/18/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
SHARE
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.
... More
4/15/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
SHARE
The Bank of Canada is likely to raise interest rates twice more this year as the economy regains momentum in the current quarter but will hold them steady at its April 18 ... More

3/7/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
SHARE
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

1/25/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
SHARE
The unprecedented rise in consumer debt means the Bank of Canada’s rate-hiking cycle is already the most severe in 20 years and further increases will have far graver ... More

1/17/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
SHARE
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

1/8/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
SHARE
Expectations of a tightening labour market in 2018 is helping fuel speculation that the Bank of Canada will raise its ... More

12/25/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
SHARE
It’s almost a tradition that Canada’s mortgage czars clamp down on housing in the new year, and 2018 is no exception.
... More
12/6/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
SHARE
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.
... More
12/4/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
SHARE
The Bank of Canada has released its latest assessment of the financial system and has once again highlighted risk from mortgages.
... More
10/25/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
SHARE
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

9/22/2017 | Posted in Financial Health by Forest Hill Real Estate Signature
SHARE
Canadians’ appetite for borrowing does not appear to be waning any time soon, if the latest figures from the Bank of Canada are any indication.
... More
9/1/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
SHARE
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.
... More
7/24/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
SHARE
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

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

6/23/2017 | Posted in Real Estate Market by Forest Hill Real Estate Signature
SHARE
Turns out housing may be affordable, acording to Bank of Canada (BoC) Housing Affordability Index which shows that the cost of housing across Canada is below historic norms. We ... More

6/12/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
SHARE
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

5/24/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
SHARE
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.
... More
3/1/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
SHARE
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

1/18/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
SHARE
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

1/14/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
SHARE
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

12/7/2016 | Posted in Mortgage News by Forest Hill Real Estate Signature
SHARE
The Bank of Canada is holding its benchmark interest rate at 0.5 per cent as economic conditions move along largely in line with its expectations.
... More
11/25/2016 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
SHARE
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.
... More
10/20/2016 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
SHARE
The governor of the Bank of Canada spoke of the risk to the economy from the high level of household debts and the rising cost of homes when he announced a hold-steady on ... More

10/19/2016 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
SHARE
The Bank of Canada is downgrading the country's economic growth outlook yet again amid dampened expectations for exports and real estate activity.
... More
9/7/2016 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
SHARE
The Bank of Canada is keeping its key interest rate at 0.5 per cent, where it has been set for more than a year.
... More
7/13/2016 | Posted in Mortgage News by Forest Hill Real Estate Signature
SHARE
he 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

7/12/2016 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
SHARE
The Bank of Canada is set to be on the sidelines a year longer than expected, says Macquarie, and that will cause spreads between Canadian and U.S. bonds to widen ... More

6/28/2016 | Posted in Mortgage News by Forest Hill Real Estate Signature
SHARE
Rising house prices are increasing demand for mortgages with 30 year amortizations as buyers choose – or are forced by the cost – to spread their home loan over ... More

6/20/2016 | Posted in Real Estate Investments by Forest Hill Real Estate Signature
SHARE
There is no fear of housing market crash due to foreign ownership, according to the Bank of Canada. ... More

6/10/2016 | Posted in Real Estate News by Forest Hill Real Estate Signature
SHARE
The Bank of Canada is warning that the pace of house price increases in Vancouver and Toronto can't be sustained by economic ' fundamentals.'
... More