The rise in interest rates has reshaped the market. The impact of such rapid and significant hikes has shifted the psychology of many buyers, and has pushed some developers to freeze their building plans. The situation could have evol …

The latest data from ratehub.ca shows that higher interest rates are pushing up mortgage stress test amounts by some $18,000 per borrower or couple. Stress tests are pushing up the costs of borrowing and are forcing many prospective b …

The BOC’s terminology for its 1% interest rate hike calls these big increases “front-loaded.” A massive increase now staves off the need for multiple rate hikes in the future. BOC Governor Macklem has used strong lan …

The Bank of Canada’s July 13th full artillery barrage reverberated across the community and in the international financial markets. Expectations of an inflation number of 8.3% to come, not seen since 1981, prompted the massive m …

We turn now to the U.S. to inform our readers of an emerging narrative suggesting that the traders who correctly predicted that the Fed would go hyper-hawkish on rates are now sensing the potential for rate cuts – due to the eco …

Despite rates going up, inflation remaining high, and prices surging, the real estate market in Toronto and much of the GTA is still rock solid. While sales and listings are starting to fall, prices are still going up in the city. A r …

Rates are going up for the foreseeable future. We’re in a tightening cycle that will continue until inflation begins to see a sustained decline. Experts predict that rates will go up until 2023, when they will begin to fall agai …

Rates keep going up and the expectations are that rates will only start coming down again in late 2023 to get us out of a potential recession. How fast rates go up and how quickly will define our economy and politics for years to co …

It’s hard to predict what the future will bring in a world as dynamically turbulent as ours these days. This is an era where everyday brings a new challenge, a new development, and above all – huge fast paced change. Inter …

There’s no doubt that the BOC’s standing has taken a bit of a beating. The BOC is now openly being criticized by politicians (largely on the right wing of the spectrum), and by some in the media and in the financial world. …

The latest gift to Canadians from the Bank of Canada is a 50 basis point rate hike in June. Politicians, news headlines, economist surveys, and banking executives all take it as a given that the BOC has no choice but to jump up rates …

The flurry of news stories was quick after the BOC hiked rates by 50 basis points; with the narrative changing to a cooled market, prices going back down to normal, and rife with stories of people regretting buying homes at the top of …