THINGS TO CONSIDER IN THE FACE OF RISING INTEREST RATES

Sunday Jun 12th, 2022

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RE/MAX Canada Ernest Eady – REALTOR®   THINGS TO CONSIDER IN THE FACE OF RISING INTEREST RATES      The Bank of Canada (BoC) has said it will be using its monetary policy to tamp down inflation, which currently sits at a 30-year high, joining the chorus of central banks worldwide trying to grapple with the rapidly escalating cost of living. So far this year, the BoC has already moved forward with rising interest rates three times, and... [read more]

Interest Rate Announcement: 0.5% Hike and More Measures to Come

Wednesday Jun 1st, 2022

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BOC 1 JUN 22 Interest Rate

RE/MAX Canada   INTEREST RATE ANNOUNCEMENT: 0.5% HIKE AND MORE MEASURES TO COME   June 1st, 2022   Bank of Canada Interest Rate Announcement Raises It Another 0.5% on June 1 This morning’s interest rate announcement by the Bank of Canada reveals another 50-basis-point hike to the key rate, bringing it up to 1.5%. This is the third in a series of increases expected in 2022, with the year kicking off at a low of 0.25%, followed by a 0.25%... [read more]

Bank of Canada Interest Rate Announcement: Another 0.5% Hike

Wednesday Apr 13th, 2022

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INTEREST RATES

RE/MAX Canada BANK OF CANADA INTEREST RATE ANNOUNCEMENT: ANOTHER 0.5% HIKE April 13th, 2022   Bank of Canada Raises Interest Rate Another 0.5% on April 13    The Bank of Canada has raised its key interest by another 50 basis points in this morning’s announcement, bringing it up to one per cent. This is the second in an expected series of rate hikes slated for 2022, and the biggest single increase since 2000.    The move follows a... [read more]

Canada Real Estate May Stabilize With Higher Interest Rates

Wednesday Mar 30th, 2022

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MARKETS MAY STABILIZE

RE/MAX Canada   CANADA REAL ESTATE MAY STABILIZE WITH HIGHER INTEREST RATES March 29th, 2022   Interest rate increases at a reasonable schedule of four times a year would create a stable and more relaxed environment for Canada real estate over the next five years      How might the affordability of real estate in Canada be impacted if interest rates continue to climb over the next five years? It could be good news, according to a new four-part... [read more]

Bank of Canada Makes Interest Rate Announcement - 2nd March 2022

Wednesday Mar 2nd, 2022

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INTEREST RATES

RE/MAX Canada BANK OF CANADA INTEREST RATE ANNOUNCEMENT: RATE RISES TO 0.5%   March 2nd, 2022   Bank of Canada Raises Interest Rate To 0.5% on March 2nd      The Bank of Canada has raised its key interest by 25 basis points in this morning’s announcement, to 0.5%. This is the first in an expected series of increases slated for 2022, as Canada comes out of the pandemic and the economy continues its recovery. This is also the first... [read more]

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