Mortgages
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Bank of Canada Cuts Key Interest Rate by 50 Basis Points – Dec 11, 2024
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The Bank of Canada has decided to lower its interest rate again. This is the second time in a row that the central bank has made this move. The interest rate ...

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What Could the Bank of Canada’s Next Interest Rate Announcement Mean for Mortgages and the Real Estate Market?
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The Bank of Canada's upcoming interest rate cut could reduce mortgage payments, making homeownership more affordable. With new rules and lower rates, expect a ...

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What You Need to Know About Canada’s 2025 Housing Market
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The Canadian housing market in 2025 will see lower mortgage rates and new regulations, but a slowdown in immigration and potential U.S. tariffs could influence ...

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Can I Refinance My Mortgage with the Same Bank/Lender in Canada?
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Refinancing your mortgage with the same bank in Canada is possible and can be convenient. However, it’s important to compare rates and terms to make sure ...

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Mortgage Delinquencies on the Rise as Canadian Homeowners Face Financial Pressure
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Canadian homeowners are experiencing mounting financial challenges as mortgage delinquencies increase, even as the Bank of Canada continues to reduce interest ...

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Understanding the Bank of Canada’s Jumbo Rate Cut: Economic Implications and Future Moves
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Bank of Canada's jumbo rate cut signals urgent economic adjustments, aiming to stimulate growth amid fluctuating conditions. Future decisions hinge on upcoming ...

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Breaking a Mortgage: How to Minimize Penalties as Rates Fall
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With recent rate cuts by the Bank of Canada, many Canadian homeowners are considering breaking their mortgages to secure lower rates. While this move could ...

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Bank of Canada’s Latest Interest Rate Cut: Can Monetary Policy Alone Solve Economic Challenges?
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The economic relationship between Canada and the United States is deeply interconnected. With the U.S. Federal Reserve taking a cautious approach due to mixed ...

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Bank of Canada Delivers Major 50 Basis Point Rate Cut as Inflation Returns to Target
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The Bank of Canada reduced its benchmark interest rate by 50 basis points on Wednesday, marking the fourth consecutive rate cut since June. This adjustment ...

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How Does Bond Yield Affect Mortgage Rates in Canada?
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When it comes to understanding mortgage rates in Canada, one key factor often discussed is the bond yield. Bond yields, particularly those associated with ...

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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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