11/7/2018 | Posted in Mortgage Interest Rates by Tuscany Hills Realty Services
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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 3.5 ... More

Real Estate & Mortgage News

  10/31/2018 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
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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

Real Estate & Mortgage News

  10/24/2018 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
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CIBC, TD, Royal Bank and BMO all hike their prime rates too ... More

Real Estate & Mortgage News

  10/2/2018 | Posted in Mortgage Interest Rates by Tuscany Hills Realty Services
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The new North American trade deal struck on Sunday may open the door for the Bank of Canada to pick up the pace of interest rates hikes, according to economists at some of the ... More

Real Estate & Mortgage News

  9/24/2018 | Posted in Mortgage Interest Rates by Tuscany Hills Realty Services
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The world's biggest central bank is expected to raise rates this week - and then keep raising them ... More

Real Estate & Mortgage News

  9/18/2018 | Posted in Financial Health by Tuscany Hills Realty Services
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Data showing that interest rates are rising faster than income provide a wake-up call to Canadian consumers who are taking on unsustainable amounts of debt. ... More

Real Estate & Mortgage News

  5/1/2018 | Posted in Home Buyers by Tuscany Hills Realty Services
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The Canadian Imperial Bank of Commerce says it will raise its five-year fixed-rate mortgage rate Tuesday by 15 basis points. ... More

Real Estate & Mortgage News

  4/27/2018 | Posted in Mortgages and Real Estate by Tuscany Hills Realty Services
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Latest data from Statistics Canada showed that mortgage interest costs increased by 2.8% in March, representing the biggest rise since April 2009. ... More

Real Estate & Mortgage News

  4/18/2018 | Posted in Mortgage Interest Rates by Tuscany Hills Realty Services
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The Bank of Canada is maintaining its trend-setting interest rate as its careful assessment of the timing of future hikes continues amid a backdrop of moderating growth. ... More

Real Estate & Mortgage News

  4/17/2018 | Posted in Financial Health by Tuscany Hills Realty Services
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Upward trend in rates would negatively impact Canadians' ability to service their debts. ... More

Real Estate & Mortgage News

  8/16/2017 | Posted in Mortgage Interest Rates by Tuscany Hills Realty Services
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The latest forecast from CIBC Capital Markets is for Canadian interest rates to increase again in December this year. ... More

Real Estate & Mortgage News

  6/23/2017 | Posted in Financial Health by Tuscany Hills Realty Services
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Canadian household debt is rising and is set to keep rising despite expected increases in interest rates; and that worries the Parliamentary Budget Officer. ... More

Real Estate & Mortgage News