Bank of Canada predicts interest rates may remain at record lows until 2023 The Bank of Canada on Wеdnеѕdау ѕаіd it еxресtѕ interest rates tо rеmаіn аt current record lоwѕ until 2023, and thаt а ѕесоnd wave of coronavirus іnfесtіоnѕ wоuld have a рrоnоunсеd іmрасt оn nеаr-tеrm есоnоmіс grоwth. Thе central bank held іtѕ kеу оvеrnіght rаtе аt 0.25 реr […]
mortgage interest rates
Bank of Canada may follow Fed with rate cuts later this year, traders bet
Bank of Canada may follow Fed with rate cuts later this year, traders bet The Bank of Canada is likely to join the U.S. Federal Reserve with an interest rate cut this year to deal with the fallout from rising trade tensions, according to trading in the swaps market. Investors are […]
Toronto is the fastest growing city in the U.S. and Canada, and that may not be good
Toronto is the fastest growing city in the U.S. and Canada, and that may not be good Torontonians could find themselves “doubling up” on housing with friends or relatives in the incoming years as the city’s breakneck population growth outstrips the supply of new housing, an urban planning expert is warning. In an […]
Toronto area home sales declined to 10-year low in 2018 and number of listings down
Toronto area home sales declined to 10-year low in 2018 and number of listings down. Home sales in Toronto and the surrounding GTA area fell to a 10-year low in 2018, as the number of new listings coming to the market declined and home buyers and sellers faced with a new reality of higher interest rates […]
Buying a home – Buyer’s guide
Buying a home – Buyer’s guide 1. Start with your credit. Credit reports are kept by the three major credit agencies, Experian, Equifax, and TransUnion. They show whether you are habitually late with payments and whether you have run into serious credit problems in the past. A credit score is a number calculated […]
