With the Bank of Canada interest rate announcement today, it is a good time to review BCREA’s mortgage rate forecast. http://www.bcrea.bc.ca/docs/economics-forecasts-and-presentations/mortgagerateforecast.pdf ...
Continue ReadingThe Bank of Canada announced this morning that it is raising its target for the overnight rate by 25 basis points to 0.75 per cent. In the press release accompanying the decision, the Bank noted that Canada’s economy has been robust and a significant amount of economic slack has been ...
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