On January 2015, the Bank of Canada cut the prime rate by 0.25%. But the BIG SIX BANKS didn’t cut the Prime rate as they normally do. Instead, they waited … Continue Reading Banks pass on rate hikes but not the savings.. Shame on the BANKS!
Happy 150th Canada! Mortgage rates are going up. Hooray! Ok, yes, I’m being sarcastic. This isn’t the cheery message you wanna hear if you have a mortgage coming up for … Continue Reading Mortgage rates going up a little.. for now. What should you do?
Bank of Canada Senior Deputy governor, Carolyn Wilkins, made headlines this week when she hinted of pending rate hikes. The reaction by investors was swift. Bond yields were up 20bps. … Continue Reading Bank of Canada hints of rates hikes.. bond yields spike up
The Bank held their third, of eight, scheduled meetings this week. As widely predicted, the Bank of Canada announced that it is holding the key rate steady. While noting that … Continue Reading Enjoy the low rates..No rate hike with Bank of Canada
Looking at this pic, aren’t you happy to be living in Canada? Ok.. back to the article… September 7th is the sixth of eight scheduled meeting dates for 2016. … Continue Reading US election year… low rates today, but higher rates tomorrow.?