Jessi Sandhu - Your Brampton Real Estate Agent
Interest Rates News and Articles | My Blog
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The Bank of Canada's latest move may signal higher rates

2/10/2024 | Posted in Interest Rates by Jessi Sandhu

BoC's cash-management tool reboot suggests no easing on the horizon, surprising markets

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Fixed mortgage rates in Canada resume their decline amid economic volatility

2/3/2024 | Posted in Interest Rates by Jessi Sandhu

After a short-lived upswing in bond yields last month that nudged some fixed mortgage rates higher, lenders are once again bringing them back down.

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BoC set to leave rate unchanged in January, says RBC

1/19/2024 | Posted in Interest Rates by Jessi Sandhu

The Bank of Canada is likely to leave its overnight rate unchanged in its first decision of 2024, according to new forward guidance by the Royal Bank of Canada.

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Big banks slash mortgage rates this week to reflect lower bond yields in Canada

1/12/2024 | Posted in Interest Rates by Jessi Sandhu

Nearly all of the country’s big banks slashed their advertised fixed mortgage rates this week, in some cases by as much as 70 basis points (or 0.70%).

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Bank of Canada holds key rate steady at 5 per cent, says economy is weakening

9/6/2023 | Posted in Interest Rates by Jessi Sandhu

The Bank of Canada held its key interest rate steady at five per cent today, citing recent evidence that suggests the economy is weakening.

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Sustained low interest rates no longer possible, says former BoC governor

9/4/2023 | Posted in Interest Rates by Jessi Sandhu

This is despite a projected slight drop in the BoC’s policy rate by the end of 2024 or early 2025

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Another rate hike coming, say Big Six banks

7/7/2023 | Posted in Interest Rates by Jessi Sandhu

All six of Canada’s main commercial lenders now expect the Bank of Canada to raise interest rates next week after the country’s labor market tripled expectations in ... More


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The Bank of Canada's 'conditional pause' on interest rates may be over - so brace for another hike soon

6/6/2023 | Posted in Interest Rates by Jessi Sandhu

After hitting pause on rates, growing speculation the bank is ready to hike again

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Lenders - including some big banks -are hiking fixed mortgage rates again

5/29/2023 | Posted in Interest Rates by Jessi Sandhu

The past two weeks have seen a flurry of mortgage rate increases at mortgage lenders, including several of the Big 6 banks.

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Growing number of economists predicting another imminent BoC rate jump

5/23/2023 | Posted in Interest Rates by Jessi Sandhu

Housing market growth and persistent inflation challenges are hardening expectations of an increase

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Bank of Canada announces interest rate decision

10/30/2019 | Posted in Interest Rates by Jessi Sandhu

The Bank of Canada (BoC) announced today that it would keep the overnight rate at 1.75%.

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Bank of Canada reveals latest interest rate decision

9/4/2019 | Posted in Interest Rates by Jessi Sandhu

The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy.

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A Bank of Canada rate cut as early as September

8/20/2019 | Posted in Interest Rates by Jessi Sandhu

A slowing economy and growing trade tensions suggest a cut will happen more quickly than currently accounted for, Macquarie economist says.

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The bank offering the world's first negative mortgage rate

8/18/2019 | Posted in Interest Rates by Jessi Sandhu

Negative mortgage interest rates offered in Denmark. How is it possible?

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Canadian mortgage rates falling to their lowest level in 2 years

6/7/2019 | Posted in Interest Rates by Jessi Sandhu

Spring is typically a busy time for home sales, so lenders are competing fiercely right now for new business — and that's adding up to record low rates for ... More


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Interest rate cut now unlikely say economists

5/27/2019 | Posted in Interest Rates by Jessi Sandhu

The Bank of Canada will make its May interest rate decision Wednesday but it’s unlikely there will be a change according to a panel of experts.

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Poloz expects rates to rise 'a bit' but unsure on timing

5/21/2019 | Posted in Interest Rates by Jessi Sandhu

Bank of Canada Governor Stephen Poloz said he sees the slowdown in Canada’s economy as temporary and that interest rates will likely go up – he just doesn’t ... More


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Latest stats make interest rate hikes highly unlikely in 2019

5/1/2019 | Posted in Interest Rates by Jessi Sandhu

The latest reading of Canada’s economy brings both good and bad news for the housing market.

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