A slower economy and inflation give the Bank of Canada pause.
All in Rates
A slower economy and inflation give the Bank of Canada pause.
The Bank of Canada is anticipated to either raise rates or keep them on hold in their announcement December 6th.
Expresses Concerns About Inflation and Global Uncertainty
Uncontrolled inflation make higher mortgage rates more likely
Canadian housing policy inadvertently subsidises corporate investment in residential real estate. This needs to stop.
Mortgage rates are nearing a peak, but there could be one or two more rate increases before rates begin to fall.