Tag: Trends

Could-Mortgage-Rates-Start-to-Rise-Sooner-than-Expected

Could Mortgage Rates Start to Rise Sooner than Expected?

While Canada’s economy recorded its largest-ever annual GDP drop of 5.1% last year, it’s also on track to post a comeback in Q4, which could force the Bank of Canada’s hand in reining inflation in sooner than anticipated.

“That carries potentiall…

Bank-of-Canada-Reaffirms-Its-Low-Rate-Outlook

Bank of Canada Reaffirms Its Low-Rate Outlook

Despite a booming housing market and rapid job recuperation, the Bank of Canada warned that the country’s economic recovery will be “heavily reliant on policy support.”