6/19/2024 | Posted in Mortgages and Real Estate by Crescendo Realty
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The Bank of Canada’s top decision-makers expressed concerns before announcing this month’s interest rate cut, fearing that the rate relief could potentially overheat ... More

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  6/5/2024 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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The Bank of Canada has cut its overnight rate by 25 basis points, a move not seen since the beginning of the pandemic. ... More

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  5/21/2024 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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Canada's headline inflation rate continued to ease in April, leaving the door open to a Bank of Canada rate cut next month. ... More

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  5/2/2024 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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Economic stagnation prompts the Bank of Canada to plan a rate cut in June, contrasting with the US Federal Reserve's strategy ... More

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  4/30/2024 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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Canada’s quarterly gross domestic product edged up 0.2% in February, suggesting the Bank of Canada may have a reason to cut rates in the summer. ... More

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  4/10/2024 | Posted in Canadian Economy and Housing Market by Crescendo Realty
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News not all bad as central bank signals possibility of rate relief in June ... More

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  4/10/2024 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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The Bank of Canada (BoC) today announced its key interest rate decision, electing to hold rates steady at five per cent. ... More

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  4/8/2024 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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The Bank of Canada is widely expected to keep its key overnight rate on hold Wednesday, as it gathers more evidence of cooling inflation before delivering its first interest rate ... More

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  4/3/2024 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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Economists question their forecasts as inflation expectations challenge anticipated rate cuts ... More

Real Estate & Mortgage News

  3/19/2024 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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Economists widely expect central bank to start cutting rates in June ... More

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  3/13/2024 | Posted in Mortgages and Real Estate by Crescendo Realty
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The Canadian mortgage space is already seeing some rates on offer decline heading into the spring market, despite no clear indication yet from the Bank of Canada that interest ... More

Real Estate & Mortgage News

  3/9/2024 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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The Bank of Canada elected to hold interest rates steady at 5 per cent. ... More

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  3/4/2024 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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The Bank of Canada is expected to preach patience at its interest rate announcement this week as economists say weakening economic conditions are setting the stage for rate cuts ... More

Real Estate & Mortgage News

  2/28/2024 | Posted in Interest Rates by Crescendo Realty
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Could Canada’s headline inflation rate reach the neutral target of 2% by this summer, a full year sooner than the Bank of Canada’s own forecasts? ... More

Real Estate & Mortgage News

  2/20/2024 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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Canadian consumer prices eased at the start of this year, with progress on underlying pressures likely to give the Bank of Canada more room to start considering rate cuts in the ... More

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  2/10/2024 | Posted in Interest Rates by Crescendo Realty
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BoC's cash-management tool reboot suggests no easing on the horizon, surprising markets ... More

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  2/9/2024 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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Today's employment report for January, in which the unemployment rate ticked down, has caused bond markets and economist to further reel-in their rate-cut forecasts for the ... More

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  2/5/2024 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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Despite push-back from the Bank of Canada against aggressive rate-cut predictions, a majority of influential economists and analysts still expect rates to start falling by April. ... More

Real Estate & Mortgage News

  2/3/2024 | Posted in Interest Rates by Crescendo Realty
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After a short-lived upswing in bond yields last month that nudged some fixed mortgage rates higher, lenders are once again bringing them back down. ... More

Real Estate & Mortgage News

  1/29/2024 | Posted in Canadian Housing Market by Crescendo Realty
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Stability is expected to return to the country’s housing market this year as interest rates ease, but homeowners shouldn’t expect a return to the ... More

Real Estate & Mortgage News

  1/24/2024 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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The Bank of Canada has left its policy rate unchanged in its first announcement of the year, keeping rates where they are for a fourth straight decision but giving little ... More

Real Estate & Mortgage News

  1/19/2024 | Posted in Interest Rates by Crescendo Realty
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The Bank of Canada is likely to leave its overnight rate unchanged in its first decision of 2024, according to new forward guidance by the Royal Bank of Canada. ... More

Real Estate & Mortgage News

  1/18/2024 | Posted in Mortgage Interest Rates by Crescendo Realty
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This week’s rise in bond yields could cause some lenders to reverse recent fixed mortgage rate cuts, experts say. ... More

Real Estate & Mortgage News

  1/4/2024 | Posted in Canadian Housing Market Predictions by Crescendo Realty
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The Canadian economy will return to growth in the second half of 2024, with interest rate cuts as early as this spring, according to a new forecast by Deloitte Canada. ... More

Real Estate & Mortgage News

  12/19/2023 | Posted in Mortgage Interest Rates by Crescendo Realty
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The Bank of Canada could start cutting interest rates next year as long as core inflation comes down as predicted, BNN Television cited Governor Tiff Macklem as saying in an ... More

Real Estate & Mortgage News

  11/7/2023 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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Experts are anticipating the BoC benchmark interest rate to retreat to 4% by the end of next year ... More

Real Estate & Mortgage News

  11/3/2023 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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Canada’s unemployment rate ticked up two basis points to 5.7% in October, suggesting the Bank of Canada can now remain “firmly on the sidelines,” economists say. ... More

Real Estate & Mortgage News

  10/25/2023 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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The Bank of Canada delivered its second straight rate hold today, but signalled that it remains concerned about inflationary risks and price pressures. ... More

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