Jessi Sandhu - Your Brampton Real Estate Agent
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BoC 'facing major dilemma' on rate hike timeline: CIBC's Tal

1/18/2022 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

marketing-analysys-104.jpg - Real Estate News The Bank of Canada has some difficult realities to weigh ahead of its Jan. 26 interest rate decision. ... More


Bank of Canada will hike rates this month: J.P. Morgan

1/12/2022 | Posted in Interest Rates by Jessi Sandhu

mortgage-rates---interest-rates-48.jpg - Real Estate News Economists at J.P. Morgan expect the Bank of Canada will raise its benchmark interest rate at its Jan. 26 meeting, ahead of the central bank’s own timeline for liftoff. ... More


RBC calls for "rapid" action on rates

1/12/2022 | Posted in Interest Rates by Jessi Sandhu

market-growth-103.jpg - Real Estate News Bank of Canada needs to take “rapid action” with multiple interest rate increases to bring inflation under control. ... More


What might compel the Bank of Canada to hike rates sooner?

1/11/2022 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

home-buying-financing-concept-261.jpg - Real Estate News Robust jobs market recovery in December might sufficiently motivate the Bank of Canada to implement rate hikes sooner. ... More


New year, crucial decision as interest rates will likely increase

12/29/2021 | Posted in Mortgages and Real Estate by Jessi Sandhu

mortgage-rates---interest-rates-48.jpg - Real Estate News By all accounts the Bank of Canada is set to make money more expensive in 2022 ... More


Despite Omicron, Bank of Canada likely to signal earlier rate hikes possible

12/19/2021 | Posted in Interest Rates by Jessi Sandhu

bank-of-canada-84.jpg - Real Estate News With inflation surging, the Bank of Canada is likely to change its interest rate guidance in the new year so that it has the option to raise borrowing costs earlier than planned ... More


Bank of Canada reveals latest interest-rate decision

12/8/2021 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Bank-of-Canada-4.jpg - Real Estate News The Bank of Canada is keeping its key interest rate target on hold at its rock-bottom level of 0.25 per cent. ... More


Jobs blockbuster changes equation ahead of Bank of Canada rate decision

12/7/2021 | Posted in Interest Rates by Jessi Sandhu

bank-of-canada-governor-481.jpg - Real Estate News Some economists think the central bank should move rate hikes up to early 2022 ... More


HELOC usage continues to accelerate - BoC

12/1/2021 | Posted in Canadian HELOC by Jessi Sandhu

senior-calculator-585.jpg - Real Estate News HELOC debt has also increased at a much faster rate compared to GDP, official figures indicate ... More


Bank of Canada says investor rush into housing risks correction

11/24/2021 | Posted in Canadian Housing Market by Jessi Sandhu

calculator--analysis--reporting-128.jpg - Real Estate News The Bank of Canada is warning a rush of investors into the country’s housing market this year has fueled prices and heightened the risk of a correction. ... More


The Latest in Mortgage News: BoC Deputy Governor Says Rate Hikes Could Come Later Than Expected

11/19/2021 | Posted in Mortgage Interest Rates by Jessi Sandhu

bank-of-canada-84.jpg - Real Estate News Financial markets may be pricing in the first interest rate hikes as early as March, but they shouldn’t be too confident about that timing. ... More


BoC 'getting closer' to raising rates, says Macklem

11/16/2021 | Posted in Mortgage Interest Rates by Jessi Sandhu

bank-of-canada-governor-481.jpg - Real Estate News Governor says team remains focused on inflation target as risks around price pressures increase ... More


Scotiabank economist predicts eight rate hikes in next two years

11/2/2021 | Posted in Mortgage Interest Rates by Jessi Sandhu

mortgage-cloud-44.jpg - Real Estate News The Bank of Canada will likely raise its benchmark interest rate four times by 2024. ... More


CIBC's Tal to homebuyers: Start preparing for rising rates

11/2/2021 | Posted in Mortgage Interest Rates by Jessi Sandhu

mortgage-rates---interest-rates-48.jpg - Real Estate News A prominent Bay Street economist said homebuyers should start preparing sooner rather than later. ... More


Bank of Canada reveals latest interest-rate call

10/27/2021 | Posted in Interest Rates by Jessi Sandhu

bank-of-canada-84.jpg - Real Estate News The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent. ... More


Rate Hikes Could Start by April as Inflation and Supply Concerns Grow

10/19/2021 | Posted in Interest Rates by Jessi Sandhu

bank-of-canada-governor-481.jpg - Real Estate News Expectations for the first interest rate hike have moved up to as early as April as inflation concerns grow and supply disruptions persist. ... More


Bank of Canada keeps key interest rate on hold at 0.25 per cent

9/8/2021 | Posted in Mortgage Interest Rates by Jessi Sandhu

bank-of-canada-84.jpg - Real Estate News The Bank of Canada kept its key interest rate target on hold Wednesday as it warned the fourth wave of the pandemic and supply bottlenecks could weigh on the economic recovery. ... More


Bank of Canada makes latest rate announcement

7/14/2021 | Posted in Mortgage Interest Rates by Jessi Sandhu

Bank-of-Canada-4.jpg - Real Estate News The Bank of Canada has announced in its July statement that it will hold its target for the overnight rate at the effective lower bound of 0.25%, staying the course on its ... More


BoC on Canadians' home purchase plans in the next 12 months

7/9/2021 | Posted in Canadian Housing Market by Jessi Sandhu

browse-homes-online-135.jpg - Real Estate News A growing number of Canadians, particularly renters, are planning to buy a home in the next 12 months amid the national economy’s steady recovery, according to a new ... More


Bank of Canada to break sequence of lower terminal rates as governments splurge

6/20/2021 | Posted in Mortgage Interest Rates by Jessi Sandhu

Bank-of-Canada-4.jpg - Real Estate News With fiscal spending booming and households flush with cash, investors are betting that the Bank of Canada’s next tightening cycle, expected to begin in 2022, will result in ... More


Bank of Canada says real estate is 'expected to moderate but remain elevated'

6/10/2021 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

market-reports-on-business-271.jpg - Real Estate News The Bank of Canada is cautiously optimistic about the country's economic recovery as vaccines continue to roll out and spending rebounds. ... More


Bank of Canada makes June rate announcement

6/9/2021 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

bank-of-canada-84.jpg - Real Estate News Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing ... More


Bank of Canada warns of rising risks from household debt, and a hot housing market

5/21/2021 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

Bank-of-Canada-4.jpg - Real Estate News The Bank of Canada says its concerns are mounting that households are piling on too much debt and posing what the central bank says is a key vulnerability to the economy. ... More


Torrent of pent-up spending could force BoC to reconsider neutral rate: CIBC

5/19/2021 | Posted in Mortgages and Real Estate by Jessi Sandhu

cibc-office-250.jpg - Real Estate News The Bank of Canada may have to adjust its view of its long-term neutral policy rate once a torrent of pent-up household savings is unleashed once pandemic restrictions are eased ... More


Freaked-out Canadians open to rate hikes to cool hot housing market

5/12/2021 | Posted in Home Buyers by Jessi Sandhu

worried-businessman-346.jpg - Real Estate News Canadians are so alarmed by the red-hot housing market that many say they’d like to see the central bank raise the cost of borrowing to dampen demand for real estate and ... More


Bank of Canada makes rate announcement

4/22/2021 | Posted in Interest Rates by Jessi Sandhu

bank-of-canada-84.jpg - Real Estate News Bank of Canada announced that it will hold its target for the overnight rate at the effective lower bound of 0.25%, and that it will be adjusting its weekly net purchases of ... More


Bank of Canada pares bond purchases, sees rate hikes earlier

4/21/2021 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

Bank-of-Canada-4.jpg - Real Estate News The Bank of Canada announced that it will pare back asset purchases by one-quarter and indicated that it’s moving up its expected timeline for interest-rate hikes, citing a ... More


Bank of Canada on the commercial market's outlook for the coming year

4/14/2021 | Posted in Commercial Real Estate by Jessi Sandhu

bank-of-canada-84.jpg - Real Estate News The central bank’s latest quarterly survey found that executives have become more optimistic when it comes to their sales and investment projections in the coming year, ... More


BoC's Macklem sees 'worrying' signs in housing market

3/31/2021 | Posted in Canadian Housing Market by Jessi Sandhu

bank-of-canada-governor-481.jpg - Real Estate News The Bank of Canada is seeing “worrying” signs that some Canadians are taking on too much debt to buy into the nation’s hot housing market. ... More


BMO warns policymakers could 'swing the hammer' on housing

3/30/2021 | Posted in Canadian Housing Market by Jessi Sandhu

real-estate-market-growth-259.jpg - Real Estate News BMO Economics isn’t ruling out the possibility of a policy response to cool rapidly overheating Canadian real estate markets. ... More


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