forecasts Archives - Page 2 of 3 - Mortgage Rates & Mortgage Broker News in Canada

Strong U.S. inflation could delay rate cuts on both sides of the border

April 10, 2024 No Comments

While the Bank of Canada left its benchmark rate unchanged as expected today, markets instead turned their attention to today’s hot U.S. inflation report.

Rate cuts are on the way, but not this week, economists say

March 5, 2024 No Comments

Economists expect a more dovish tone from the Bank of Canada when it unveils its interest rate decision on Wednesday.

2024 housing and interest rate forecasts - Canada

2024 housing market and interest rate forecasts

December 27, 2023 No Comments

2023 was a year that tested the resilience of Canadian mortgage holders. And as we look forward, there’s optimism that 2024 will be the year of rate relief.

Bank of Canada continues to talk tough despite markets’ rate-cut expectations

December 6, 2023 No Comments

Like a stern parent, the Bank of Canada once again reminded markets that it is prepared to raise interest rates further if necessary to bring down inflation.

Bank of Canada preview: Rate hold expected as attention shifts to rate cuts

December 5, 2023 No Comments

The Bank of Canada’s final rate decision of the year is expected to be uneventful, with markets and forecasters overwhelmingly predicting a third straight rate hold.

Rate cut odds steep following weak inflation data

Rate cut odds steepen after weak October inflation data

November 21, 2023 No Comments

Following the release of weaker-than-expected October inflation data, markets are growing more confident that the Bank of Canada’s rate-hike cycle is officially over.

Experts predict lower mortgage rates as bond yields plunge

November 3, 2023 3 Comments

Mortgage shoppers and those with upcoming renewals may see some rate relief next week thanks to a steep drop in bond yields.

CIBC’s Tal: “We are very, very close to the end of monetary tightening”

October 17, 2023 2 Comments

CIBC deputy chief economist Benjamin Tal said that while we’re are very close to the end of Bank of Canada rate hikes—or maybe already there—the biggest question is when the Bank will being cutting rates.

No rate cuts expected until second half of 2024, says BMO

September 26, 2023 No Comments

BMO Economics released its updated rate forecast today, reducing the amount of monetary policy easing it expects from the Bank of Canada in 2024.

Oxford Economics predicts house price decline

Recession expected to drive home prices down another 10%: Oxford

September 20, 2023 No Comments

In its economic and housing outlook released today, Oxford Economics is forecasting a mild recession by the end of the year will lead to an additional 10% decline in average house prices by early next year.

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