A look at what leading economists and the Big 6 banks are predicting ahead of next Wednesday’s Bank Rate announcement.
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How to set a budget...
Advice, guides and checklists for first time home buyers on the first stage of homebuying. Learn how to set a budget that includes all of the costs of a home purchase. Find out what the ongoing costs of ownership are.
BoC leaves key interest rate unchanged. Why is this important?
The Bank of Canada just kept the overnight rate at 1.25% but leading economists expect hikes throughout the course of the year. Why is this the case and why does it matter?
Why are there Real Estate Risk Assessments?
RBC recently released their periodic Housing Health Check. It is very similar to a quarterly CMHC Housing Market Assessment, but their dashboard is more detailed in some ways. The fact that RBC, the largest Canadian mortgage lender and CMHC the largest provider of mortgage default insurance have created these early warning systems should tell you that there is real risk in the real estate market.