The one-two-punch of supply chain issues and the war in Ukraine has pushed inflation in Canada to its highest level in 30 years and spurred the Bank of Canada to move toward a tighter monetary policy. On June 1, the Bank announced a second consecutive .50% increase to its policy rate (the third increase in […]
Benchmark News
Watching Like A Hawk
It should come as no surprise that many Canadians are watching the current mortgage and housing conditions like a hawk. Our alignment with Mortgage Professionals Canada allows us to bring you current housing and mortgage market trends designed to give you key insights to help you better plan and succeed with all things real estate.
Mortgage Projections for 2022
This is the time of year when everyone in the real estate world makes bold predictions of what the road ahead looks like for 2022. What are the interest rate projections for those looking to get into the housing market for the first time, and of course, for those who already have a mortgage that […]
Where are interest rates headed?
One of the big questions on everyone’s mind lately seems to be how to plan for the rising costs of living. What is the true economic outlook, where are interest rates headed, and should Canadians brace for impact sooner rather than later?
Bank of Canada September Press Release
Bank of Canada maintains policy rate, continues forward guidance and current pace of quantitative easing.