10/5/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Homeowners could be facing two interest rate rises in the coming months according to an updated forecast by CIBC.

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  10/2/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The new North American trade deal struck on Sunday may open the door for the Bank of Canada to pick up the pace of interest rates hikes, according to economists at some of the ... More

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  9/24/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The world's biggest central bank is expected to raise rates this week - and then keep raising them

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  9/5/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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The Bank of Canada (BoC) kept its trend-setting interest rate steady at 1.5 per cent on Wednesday but appeared to keep the door open to a possible rate hike at its ... More

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  8/27/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Bank of Canada Governor Stephen Poloz has put an early stop to the debate over whether he might be persuaded to raise interest rates in a couple of weeks.

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  8/20/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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With an economy beating expectations and a range of indicators pointing to limited excess capacity, maintaining stable inflation is likely to require further rate hikes by the ... More

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  7/12/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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As the Bank of Canada raised key interest rates to 1.5 per cent (up from 1.25 per cent) Wednesday morning, mortgage rates are already rising as well.

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  7/11/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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The Bank of Canada today increased its target for the overnight rate to 1 ½ per cent. The Bank Rate is correspondingly 1 ¾ per cent and the deposit rate is 1 ... More

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  6/25/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate Signature
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Economists still expect BoC rate rise but the numbers need to stack up.

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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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  5/16/2018 | Posted in Home Buyers by Forest Hill Real Estate Signature
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First-time home buyers already struggling with more stringent mortgage rules have been dealt another blow by an increase this week in the Bank of Canada’s five-year ... 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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  4/18/2018 | 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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  4/17/2018 | Posted in Financial Health by Forest Hill Real Estate Signature
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Upward trend in rates would negatively impact Canadians' ability to service their debts.

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  4/15/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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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

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

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  12/25/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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It’s almost a tradition that Canada’s mortgage czars clamp down on housing in the new year, and 2018 is no exception.

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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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  9/29/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate Signature
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The latest poll by Forum Research Inc., which was conducted right after the Bank of Canada’s decision to increase its benchmark overnight rate to 1% earlier this month, ... More

Real Estate & Mortgage News

  9/12/2017 | Posted in Mortgage News by Forest Hill Real Estate Signature
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The number of Canadians who applied for a fixed-rate mortgage in August saw a substantial spike, with 59.31% of users on the LowestRates.ca website opting for a fixed-rate ... More

Real Estate & Mortgage News

  9/12/2017 | Posted in Financial Health by Forest Hill Real Estate Signature
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Canadian consumers can expect to feel some financial effects following the Bank of Canada's decision to raise the key interest rate.

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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

Real Estate & Mortgage News

  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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  8/16/2017 | 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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Real Estate & Mortgage News

  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

Real Estate & Mortgage News