Real Estate Leads With the decline of US mortgage rates, lower taxes, and deregulation on the Trump agenda, real estate agents are getting excited about the year ahead. The forecast for the 2025 housing market is positive despite some fleeting fears of inflation, foreclosures, and still high mo...
2025 Winnipeg mortgage rate forecast Variable mortgage rates After the Bank of Canada’s fifth consecutive overnight rate cut on December 11, 2024, variable mortgage rates were down 1.75% since June. That’s a lot of action from a central bank with a conservative reputation. The Bank likely ...
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With the decline of US mortgage rates, lower taxes, and deregulation on the Trump agenda, real estate agents are getting excited about the year ahead. The forecast for the2025 housing marketis positive despite some fleeting fears of inflation, foreclosures, and still high mortgage rates. The key...
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Finder: Bank of Canada Interest Rate Forecast Report The Bank of Canada (BoC) sets the official overnight rate — the benchmark target rate used by banks, credit unions and lenders to establish interest rates. This benchmark rate greatly impacts savings accounts, mortgages, interest rates charged...
Cooler-than-expectedinflation numbershave left one strategist even more skeptical of theBank of Canada‘s conservative forecast for when the consumer price index will return to target, suggesting the door tointerest rate cutscould open much sooner than the central bank has predicted. ...
Inflation in Canada rose by more than forecast and underlying price pressures reaccelerated, hiccups that may dissuade policymakers from a second straight 50 basis-point cut to interest rates next month. Article content Article content The consumer price index rose 2% in October on a yearly basis...
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Forecasters expecting a quarter-point cut say Tuesday's report solidifies that prediction. "This heavy result should take some more steam outofthe call for another 50 basis-point rate cut from theBankofCanadain December. We have been in the 25 basis-point camp from the start and this repo...