5/9/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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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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  4/17/2018 | Posted in Financial Health by Forest Hill Real Estate CENTRAL
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Upward trend in rates would negatively impact Canadians' ability to service their debts.

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  3/23/2018 | Posted in Canadian Economy and Housing Market by Forest Hill Real Estate CENTRAL
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Mortgage Consumers Brace Yourselves - Chances of a hike in May rose to 82% after the data came out today.

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  1/25/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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The unprecedented rise in consumer debt means the Bank of Canada’s rate-hiking cycle is already the most severe in 20 years and further increases will have far graver ... More

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  1/19/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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The Bank of Canada’s decision to raise its benchmark rate to 1.25% earlier this week will make renewals a significantly more daunting prospect for mortgage holders.

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  1/17/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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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

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  1/15/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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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

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  12/25/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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It’s almost a tradition that Canada’s mortgage czars clamp down on housing in the new year, and 2018 is no exception.

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  12/15/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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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

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  12/6/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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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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  10/25/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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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

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  9/29/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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The latest poll by Forum Research Inc., which was conducted right after the Bank of Canada’s decision to increase its benchmark overnight rate to 1% earlier this month, ... More

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  9/28/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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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

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  9/12/2017 | Posted in Mortgage News by Forest Hill Real Estate CENTRAL
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The number of Canadians who applied for a fixed-rate mortgage in August saw a substantial spike, with 59.31% of users on the LowestRates.ca website opting for a fixed-rate ... More

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  9/12/2017 | Posted in Financial Health by Forest Hill Real Estate CENTRAL
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Canadian consumers can expect to feel some financial effects following the Bank of Canada's decision to raise the key interest rate.

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  9/6/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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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

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  9/1/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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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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  8/20/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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Mortgage rates are going up, according to a panel of experts. ... More

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  8/16/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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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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  8/9/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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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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  7/24/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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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

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  7/12/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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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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  7/12/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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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

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  7/12/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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The stress tests on mortgages, introduced last fall by the federal government, is pushing some homebuyers into uninsured lending options.

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  7/7/2017 | Posted in Mortgage News by Forest Hill Real Estate CENTRAL
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New rules proposed by the federal government to curb financial risks associated with the country's hot housing markets could make it more difficult to secure a ... More

Real Estate & Mortgage News

  6/28/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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The Canadian dollar rallied to a four-month high and investors ramped up bets for a rate increase as early as next month after Bank of Canada Governor Stephen Poloz reiterated ... More

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  6/19/2017 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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Looming rate hikes by the Bank of Canada will put financial stress on indebted Canadians and potentially exacerbate a slowdown in the nation's long housing boom, credit ... More

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  6/15/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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The U.S. Federal Reserve raised its trend-setting interest rate on Wednesday for the third time in six months to the highest level since the global financial crisis hit in the ... More

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  6/15/2017 | Posted in Mortgage News by Forest Hill Real Estate CENTRAL
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Canada's central bank, which had long said interest rates are too blunt a tool to tackle the country's housing market, may have finally decided to act and at least ... More

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  6/12/2017 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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The Bank of Canada offered its strongest signal yet that it’s ready to raise interest rates as the economy gathers steam, in surprise comments that sent the Canadian ... More

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