User Posts: Vikas Palan
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Expert Anticipates Significant Interest Rate Reduction by Bank of Canada Next Week
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Recent data from Statistics Canada indicates that the nation’s inflation rate has declined to 1.7%, falling below the Bank of Canada’s (BoC) target of 2%. This ...

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Inflation Rate Falls to 1.6% in September
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Canada's inflation rate dropped to 1.6% in September, down from the 2% target achieved in August, according to Statistics Canada. This marks the smallest ...

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Feds Introduce Mortgage Refinancing Program to Boost Secondary Suites and Address Housing Shortage
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Starting January 15, 2025, Canadian homeowners will have the opportunity to access up to 90% of their home’s value through default-insured mortgage refinancing ...

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Rate Cuts Have Had Minimal Impact on Housing Affordability: RBC Economist
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According to Robert Hogue, an economist at the Royal Bank of Canada (RBC), recent interest rate cuts by the Bank of Canada have done little to significantly ...

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Former Bank of Canada Official Predicts Significant Rate Cut in October
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A former member of the Bank of Canada’s governing council has suggested that the central bank should consider a substantial rate cut of 0.50% later this month. ...

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Bank of Canada’s Interest Rate Prediction for 2025
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Bank of Canada's Latest Interest Rate Update and Its Impact The Bank of Canada recently announced a 25 basis point decrease, lowering the policy rate to ...

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How Canada’s New Mortgage Rules Will Impact Your Home Buying Plans
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Starting December 15, 2024, Canada will introduce new mortgage rules aimed at helping more Canadians buy homes. These changes include raising the price cap for ...

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Is It Time to Break Your Mortgage?
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If you’re in the middle of your mortgage term, you might be considering a rate or mortgage change. However, breaking your mortgage contract early often comes ...

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Bank of Canada Interest Rate Decisions
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On September 4, 2024, the Bank of Canada made its third consecutive interest rate cut, lowering its key rate to 4.25%. This marks a significant step in its ...

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Inflation Reaches Bank of Canada’s 2% Target
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The Current Inflation rate in Canada is 2% as of August 2024 Consumer Price Index Growth Slows to Lowest Level in Over Three Years Canada's inflation rate ...

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