Tag Archives: canada interest rates

Housing crash is not likely to happen in Canada.

Ben is one of the best economists around and is usually correct…. Benjamin Tal, senior economist for CIBC World Markets told delegates at the Canadian Association of Accredited Mortgage Professionals (CAAMP) conference in Montreal that the U.S. housing collapse is … Continue reading

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Prime to stay the same until March 2011

Rates to stay the same until March 2011 Continue reading

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One in five Calgary companies plan on hiring

One in five Calgary companies plan on hiring Continue reading

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3 versions of the home buying future

Comment: CMHC has been dead on for the last 6 years. They call for a soft landing. I believe it. CCPA says bubble to burst, CD Howe dismisses, CMHC predicts soft landing Three significant housing reports published yesterday paint very … Continue reading

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Rate increases on hold for Bank of Canada

Continuing weakness in the U.S. economy may force the Bank of Canada to put interest rate hikes on hold after September, Continue reading

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Prime up 1/4% as expected

Comment: many think that Prime will hold here or go to 3% and hold there for a long while as the economy gets going again. 1/4% Prime Raise The Bank of Canada raised its benchmark interest rate by 25 basis … Continue reading

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Prime rate increase in the cards

Variable rates should stay a good option as Prime is expected to stay at 3% for the rest of the year.

The Bank of Canada will be first up when it makes its monthly interest rate announcement on Tuesday. But that will come before Friday’s critical report from Statistics Canada on the country’s consumer price index for June. Continue reading

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Residential Mortgage Rates Lowered

Residential Mortgage Rates Lowered Continue reading

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Bank of Canada raises interest rate by .25% to .5%

Bank of Canada raises interest rate to .5% Continue reading

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