5/29/2019 | Posted in Interest Rates by Forest Hill Real Estate CENTRAL
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The Bank of Canada today maintained its target for the overnight rate.

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  5/27/2019 | Posted in Interest Rates by Forest Hill Real Estate CENTRAL
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The Bank of Canada will make its May interest rate decision Wednesday but it’s unlikely there will be a change according to a panel of experts.

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  5/21/2019 | Posted in Interest Rates by Forest Hill Real Estate CENTRAL
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Bank of Canada Governor Stephen Poloz said he sees the slowdown in Canada’s economy as temporary and that interest rates will likely go up – he just doesn’t ... More

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  5/9/2019 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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Bank of Canada Governor Stephen Poloz suggested that lenders should encourage mortgage products with longer terms as a means of distributing risk more evenly and insulating the ... More

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  4/29/2019 | Posted in Canadian Economy and Interest Rates by Forest Hill Real Estate CENTRAL
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Canadians now owe an average of $1.79 for every dollar of disposable income.

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  4/24/2019 | Posted in Interest Rates by Forest Hill Real Estate CENTRAL
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Bank of Canada keeps rates steady, cuts language about future hikes.

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  4/3/2019 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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The Bank of Canada is likely to stand pat on interest rates for the remainder of this year and well into 2020, according to the chief economist of BMO Financial Group.

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  3/15/2019 | Posted in Interest Rates by Forest Hill Real Estate CENTRAL
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The Bank of Canada will likely hold off raising interest rates through all of 2020, and could even cut rates later this year, according to TD Securities’ senior rates ... More

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  3/10/2019 | Posted in Canadian Economy and Housing Market by Forest Hill Real Estate CENTRAL
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Residential investment is falling, and that's a clear sign of hard times in Canada's economy, the Bank of Montreal says.

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  3/6/2019 | Posted in Interest Rates by Forest Hill Real Estate CENTRAL
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The Bank of Canada (BoC) is keeping its key interest rate target on hold at 1.75 per cent on Wednesday, citing concerns about the global economy and Canada’s own recent ... More

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  2/28/2019 | Posted in Canadian Economy and Interest Rates by Forest Hill Real Estate CENTRAL
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Capital Economics predicts that The Bank of Canada will cut its key lending rate in December as a weakening housing market and oil sector headwinds drag GDP growth back below ... More

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  2/25/2019 | Posted in Interest Rates by Forest Hill Real Estate CENTRAL
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The Bank of Canada began raising its key overnight lending rate in July 2017 and it’s now at the highest level in a decade. Accustomed to historically low and even ... More

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  2/22/2019 | Posted in Interest Rates by Forest Hill Real Estate CENTRAL
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Stephen Poloz says the upward path for interest rates is 'uncertain'.

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  2/1/2019 | Posted in Canadian Housing Market by Forest Hill Real Estate CENTRAL
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The Bank of Canada has admitted that the economic impact of strict mortgage regulations, local housing restrictions, and the upward trend in interest rates was more serious ... More

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  1/16/2019 | Posted in Interest Rates by Forest Hill Real Estate CENTRAL
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What the Bank of Canada's decision to hold its key rate means for borrowers and savers.

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  1/14/2019 | Posted in Canadian Economy and Interest Rates by Forest Hill Real Estate CENTRAL
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The central bank will most likely refrain from further hikes “given increased market volatility and more restrictive financial conditions.

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  1/9/2019 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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The Bank of Canada left its trend-setting interest rate unchanged at 1.75% on Wednesday as the sharp decline in oil prices temporarily dims its economic outlook for the coming ... More

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  1/5/2019 | Posted in Canadian Economy and Interest Rates by Forest Hill Real Estate CENTRAL
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Ahead of the Bank of Canada’s first policy meeting of the year, scheduled for next week, Capital Economics is back at it again.

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  12/14/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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Just a few months ago economists were predicting that the Bank of Canada would take a bullish stance on interest rates following its talk of ‘normalization’ of the ... More

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  12/7/2018 | Posted in Canadian Economy and Housing Market by Forest Hill Real Estate CENTRAL
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Rising interest rates and new mortgage rules have finally forced an end to years of rapid lending, according to the latest data from Bank of Canada.

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  12/6/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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If you’re shopping for a mortgage and believe what the bond market is telling us, it implies your odds of success with a fixed rate may have just changed.

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  12/5/2018 | Posted in Canadian Economy and Interest Rates by Forest Hill Real Estate CENTRAL
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The Bank of Canada is leaving its key interest rate unchanged.

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  12/4/2018 | Posted in Canadian Economy and Interest Rates by Forest Hill Real Estate CENTRAL
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The Bank of Canada will announce its December interest rates decision Wednesday and few are expecting a Grinch-like pre-Christmas shock.

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  11/30/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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The Bank of Canada should hold pat on interest rates until the spring according to The C.D. Howe Institute's Monetary Policy Council.

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  11/14/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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The bank says stress tests and higher interest rates have reduced the share of new high-leverage, insured loans to six per cent from 20 per cent in late 2016.

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  11/7/2018 | Posted in Mortgage Interest Rates by Forest Hill Real Estate CENTRAL
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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

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  11/2/2018 | Posted in Canadian Economy and Housing Market by Forest Hill Real Estate CENTRAL
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The benchmark rate set by the central bank is called the overnight rate and it’s now at 1.75 per cent, up from 0.5 per cent in the summer of 2017.

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  10/31/2018 | Posted in Mortgages and Real Estate by Forest Hill Real Estate CENTRAL
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Bank of Canada governor Stephen Poloz wants Canadians to get used to the idea of three per cent interest rates as the new normal, now that the era of rock-bottom ... More

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