1/3/2025 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
Economists at Canada’s major banks don’t expect interest rates to move quite as dramatically in 2025 as they did in 2024, but they still see various sources of drama ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/business-data-reporting-274.jpg)
12/11/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
Canada’s central bank has cut interest rates for the fifth consecutive time to 3.25 per cent as the country’s economy grows at a slower rate than projected. ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/bank-of-canada-84.jpg)
11/22/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
Various signs point to the Bank of Canada (BoC) cutting interest rates by another half percentage point in December, even if the bank hasn’t said so explicitly, CIBC ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/bank-of-canada-governor-481.jpg)
10/23/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
The Bank of Canada on Wednesday reduced its key benchmark rate by 50 basis points to 3.75%, its first bigger-than-usual move in more than four years, and hailed signs the country ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/bank-of-canada-governor-481.jpg)
10/7/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
An ex-member of the Bank of Canada’s governing body said officials should cut borrowing costs by half a percentage point later this month. ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/business-data-reporting-274.jpg)
10/1/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
Markets are increasingly betting on the Bank of Canada delivering a 50-basis point rate cut during its October 23 policy decision, with the odds now sitting at around 53% ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/96/mortgage-button-248.jpg)
9/12/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
One of the country’s biggest lenders says the Bank of Canada will accelerate the pace of monetary easing in order to stave off recession. ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/financial-markets-report-272.jpg)
9/4/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
The Bank of Canada has cut its policy rate by a further 25 basis points in its September decision, marking a third consecutive move to bring rates lower. ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/bank-of-canada-84.jpg)
8/20/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
Inflation is continuing to ease, leaving the door open to another Bank of Canada rate cut in September, economists say. ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/business-data-reporting-274.jpg)
8/8/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
TD, CIBC and BMO have led the way with their revised forecasts, with all now expecting the Bank of Canada to cut interest rates faster and deeper over the next 16 months. ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/big-6-banks-canada-317.jpg)
8/3/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
Markets are betting the Bank of Canada will cut at each of its remaining interest rate decisions this year as the labor market in the U.S. looks to be loosening faster than ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/105354/mortgage-cloud-44.jpg)
7/26/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
Borrowers may have welcomed recent rate cuts from the Bank of Canada, but TD Bank and CIBC predict an additional 175 bps cut by the end of 2025, lowering the overnight rate to ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/business-data-reporting-274.jpg)
7/24/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
The Bank of Canada cut its benchmark interest rate by a quarter of a percentage point on Wednesday, the second straight reduction in the central bank’s easing cycle. ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/bank-of-canada-governor-481.jpg)
7/16/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
Experts speculate the Bank of Canada may cut rates next week following a larger-than-expected slowdown in the country’s inflation rate in June. ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/business-data-reporting-274.jpg)
6/23/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
Economists are forecasting inflation slowed further in May, which would be welcome progress for the Bank of Canada after it cut its key lending rate for the first time in four ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/bank-of-canada-84.jpg)
6/5/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
The Bank of Canada has cut its overnight rate by 25 basis points, a move not seen since the beginning of the pandemic. ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/bank-of-canada-84.jpg)
5/30/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
The Bank of Canada will trim interest rates to 4.75% on June 5, according to three-quarters of economists in a Reuters poll which showed three further cuts this year, with the ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/consulting-445.jpg)
5/21/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
Canada's headline inflation rate continued to ease in April, leaving the door open to a Bank of Canada rate cut next month. ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/bank-of-canada-84.jpg)
5/2/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
Economic stagnation prompts the Bank of Canada to plan a rate cut in June, contrasting with the US Federal Reserve's strategy ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/105354/Bank-of-Canada-4.jpg)
4/30/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
Canada’s quarterly gross domestic product edged up 0.2% in February, suggesting the Bank of Canada may have a reason to cut rates in the summer. ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/105354/mortgage-rates---interest-rates-48.jpg)
4/10/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
The Bank of Canada (BoC) today announced its key interest rate decision, electing to hold rates steady at five per cent. ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/bank-of-canada-84.jpg)
4/8/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
The Bank of Canada is widely expected to keep its key overnight rate on hold Wednesday, as it gathers more evidence of cooling inflation before delivering its first interest rate ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/bank-of-canada-governor-481.jpg)
4/3/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
Economists question their forecasts as inflation expectations challenge anticipated rate cuts ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/canadian-cash-money-503.jpg)
3/19/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
Economists widely expect central bank to start cutting rates in June ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/canadian-cash-money-503.jpg)
3/19/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
'I hope they're not tepid,' says expert about BoC's upcoming decisions ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/business-report-ideas-275.jpg)
3/9/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
The Bank of Canada elected to hold interest rates steady at 5 per cent. ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/bank-of-canada-84.jpg)
3/4/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
The Bank of Canada is expected to preach patience at its interest rate announcement this week as economists say weakening economic conditions are setting the stage for rate cuts ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/105354/Bank-of-Canada-4.jpg)
2/20/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
Canadian consumer prices eased at the start of this year, with progress on underlying pressures likely to give the Bank of Canada more room to start considering rate cuts in the ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/canadian-cash-money-503.jpg)
2/9/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
Today's employment report for January, in which the unemployment rate ticked down, has caused bond markets and economist to further reel-in their rate-cut forecasts for the ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/58481/statistics-canada-80.jpg)
2/5/2024 | Posted in Canadian Economy and Interest Rates by Marti Philp
SHARE
Despite push-back from the Bank of Canada against aggressive rate-cut predictions, a majority of influential economists and analysts still expect rates to start falling by April. ... More
![Real Estate & Mortgage News](https://mycrwork.com/partner/images/blog/105354/mortgage-rates---interest-rates-48.jpg)
![Ask Marti Philp Ask Marti Philp](/clientimages/SidePhotoMartiPhilp.jpg?0.7055475)
Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.