11/7/2018 | Posted in Mortgage Interest Rates by Bill Henderson
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Bank of Canada governor Stephen Poloz says the eventual destination range for his key interest rate target — estimated by his team at between 2.5 and ... More

Landing zone for rising interest rates 'sufficiently uncertain': Poloz

  10/5/2018 | Posted in Mortgage Interest Rates by Bill Henderson
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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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Expect two rate rises in the next 3 months

  10/2/2018 | Posted in Mortgage Interest Rates by Bill Henderson
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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

Pace of interest rate hikes seen picking up with trade deal in hand

  9/24/2018 | Posted in Mortgage Interest Rates by Bill Henderson
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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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Canadian borrowers will feel this week's U.S. interest rate hike

  9/5/2018 | Posted in Mortgage Interest Rates by Bill Henderson
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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

Bank of Canada holds interest rates steady, but October hike looms

  8/27/2018 | Posted in Mortgage Interest Rates by Bill Henderson
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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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Expect Bank of Canada to maintain interest rates in September, unless GDP is off the charts

  6/25/2018 | Posted in Mortgage Interest Rates by Bill Henderson
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Economists still expect BoC rate rise but the numbers need to stack up.

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Rate hike in July? It's all down to the data

  5/30/2018 | Posted in Mortgage Interest Rates by Bill Henderson
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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

Bank of Canada makes interest rate announcement

  5/28/2018 | Posted in Mortgage Interest Rates by Bill Henderson
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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

Mortgage rates are rising. Here's how you can save money

  5/9/2018 | Posted in Mortgage Interest Rates by Bill Henderson
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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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U.S. Fed continues to make itself felt in Canadian rates - DLC

  4/27/2018 | Posted in Mortgage Interest Rates by Bill Henderson
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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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Two Big Six banks hike benchmark rates

  4/18/2018 | Posted in Mortgage Interest Rates by Bill Henderson
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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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Bank of Canada makes interest rate announcement

  3/7/2018 | Posted in Mortgage Interest Rates by Bill Henderson
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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

Bank of Canada maintains overnight rate

  1/17/2018 | Posted in Mortgage Interest Rates by Bill Henderson
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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

Bank of Canada Raises Interest Rate to 1.25%

  1/15/2018 | Posted in Mortgage Interest Rates by Bill Henderson
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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

Households struggle as lenders hike rates

  12/15/2017 | Posted in Mortgage Interest Rates by Bill Henderson
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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

Bank of Canada's Poloz boosts expectations for hike in first quarter

  12/6/2017 | Posted in Mortgage Interest Rates by Bill Henderson
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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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Bank of Canada announces rate

  10/25/2017 | Posted in Mortgage Interest Rates by Bill Henderson
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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

Bank of Canada holds rate, suggests more hikes likely at more cautious pace

  9/28/2017 | Posted in Mortgage Interest Rates by Bill Henderson
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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

Canada indebtedness to limit rate-increase room

  9/7/2017 | Posted in Mortgage Interest Rates by Bill Henderson
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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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Banks quickly follow BoC with rate hikes

  9/6/2017 | Posted in Mortgage Interest Rates by Bill Henderson
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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

Bank of Canada Raises Benchmark Rate to 1%

  9/1/2017 | Posted in Mortgage Interest Rates by Bill Henderson
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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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Odds of a rate hike just went up as Canada's growth wows economists

  8/20/2017 | Posted in Mortgage Interest Rates by Bill Henderson
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Mortgage rates are going up, according to a panel of experts. ... More

Mortgage rate outlook

  8/16/2017 | Posted in Mortgage Interest Rates by Bill Henderson
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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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Interest rates to hit 1.75% by summer 2019

  8/9/2017 | Posted in Mortgage Interest Rates by Bill Henderson
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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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Here's why BoC might hold off raising rates despite all signs pointing to another hike

  7/28/2017 | Posted in Mortgage Interest Rates by Bill Henderson
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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

Canada's economy accelerates, rate hike expectations grow

  7/24/2017 | Posted in Mortgage Interest Rates by Bill Henderson
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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

Now that the Bank of Canada has scratched the interest rate itch, get ready for more

  7/12/2017 | Posted in Mortgage Interest Rates by Bill Henderson
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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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Three big banks raise prime lending rates following rate hike from Bank of Canada

  7/12/2017 | Posted in Mortgage Interest Rates by Bill Henderson
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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

The Bank of Canada hikes rate for first time in seven years

  6/30/2017 | Posted in Mortgage Interest Rates by Bill Henderson
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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

GDP Grows a Sixth Month, Adding to Canada Rate-Hike Pressure
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