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
10/18/2023 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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The overnight rate could settle around 3%, according to leading economist ... More
9/1/2023 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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Economists say the latest GDP data from Statistics Canada showing a contraction in the economy suggests the Bank of Canada's rate hiking campaign may be coming to an end. ... More
7/24/2023 | Posted in Mortgage Interest Rates by Crescendo Realty
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The Bank of Canada (BoC) will not raise rates again and will start cutting a little later than previously anticipated, according to a survey of market participants released by the ... More
7/15/2023 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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The Bank of Canada hiked interest rates again this week in response to persistently high inflation, prompting questions about the role of mortgages in the ongoing battle with high ... More