Posts belonging to Category Interest Rates

Fixed Rates Set to Rise

The 5 year Bank of Canada Benchmark Bond Yields are up 37 basis points since the beginning of December peaking at 2.75% yesterday. It is expected lenders will begin to increase the 5 year fixed mortgage rates as early as today.

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No Change to the BOC Rate

Bank of Canada Keeps Lending Rate at 0.25%
The Bank of Canada kept its key interest rate at a record low and repeated a pledge to leave it unchanged through June, saying a strong currency could hobble economic growth.
“Conditional on the outlook for inflation, the target overnight rate can be expected to remain at its current [...]

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Bank of Canada announces interest rate Today

Bank of Canada announces interest rate Today
The Bank of Canada is expected to keep its record low interest rate of 0.25 per cent the same Tuesday, according to economists.
Various news media and experts forecast that Bank of Canada Governor Mark Carney will keep the rates low, and could keep there through the first half of [...]

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