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by Jeremy
The Bank of Canada remains committed to the status quo as global headwinds continue to restrain economic activity. Yesterday the BOC announced it would maintain the current overnight at 1%, however, Mr. Carney did comment to say that, “Over time, some modest withdrawal of monetary policy stimulus will likely be required.”, which leads me to beleive that he is itching to increase rates. Mr. Carney cited: “Core inflation has been lower than expected in recent months…” “Total CPI inflation has fallen noticeably below the 2 per cent target…and is projected to return to target by the end of 2013, somewhat later than previously anticipated.” “Housing…
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Posted by Jeremy
At 10:00 am EST, Wednesday March 6th, 2013, the Bank of Canada again did what we expected them…
Posted by Jeremy
As you know, your adjustable rate mortgage, line of credit and/or student loans are all based on the…
Posted by Jeremy
Good morning, As you know, your variable rate mortgage, line of credit and/or student loans are all based…
Posted by Jeremy
In case you missed all the buzz about it this morning, the Bank of Canada has cut their…
Posted by Jeremy
Good morning, As you know, your variable rate mortgage, line of credit and/or student loans are all based…
Posted by Jeremy
Bank of Canada Does The Unexpected…Cuts A Quarter Point Off Their Overnight Rate! As you know, your variable…
Posted by Jeremy
A new report released by CIBC World Markets shows that Canadians are paying down their mortgages a lot…
Posted by Jeremy
As you know, your variable rate mortgage, line of credit and/or student loans are all based on the…
