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An increase in fixed rates by lenders, brings them closer to 4.5%

An increase in fixed rates by lenders, brings them closer to 4.5% The previous week saw a rise in bond yields, which led to an increase in the variable and fixed mortgage rates offered by lenders across the country. Rates on 5-year fixed mortgages have been increased by 20 to 25 basis points at major […]

An increase in fixed rates by lenders, brings them closer to 4.5% Read More »

Inflation will slow Canada’s economy this summer.

Inflation will slow Canada’s economy this summer. Canada’s hot economy necessitates pumping the brakes. According to RBC Economics’ recent study on inflation, that was the takeaway. Inflation is so high that the world’s central banks have no choice but to raise interest rates aggressively. The new strategy is to bring inflation (and the economy) down

Inflation will slow Canada’s economy this summer. Read More »

An increase in fixed rates by lenders, brings them closer to 4.5%

An increase in fixed rates by lenders, brings them closer to 4.5% The previous week saw a rise in bond yields, which led to an increase in the variable and fixed mortgage rates offered by lenders across the country. Rates on 5-year fixed mortgages have been increased by 20 to 25 basis points at major

An increase in fixed rates by lenders, brings them closer to 4.5% Read More »

Inflation will slow Canada’s economy this summer.

Inflation will slow Canada’s economy this summer. Canada’s hot economy necessitates pumping the brakes. According to RBC Economics’ recent study on inflation, that was the takeaway. Inflation is so high that the world’s central banks have no choice but to raise interest rates aggressively. The new strategy is to bring inflation (and the economy) down

Inflation will slow Canada’s economy this summer. Read More »