The Bank of Canada Starts 2024 With an Interest Rate Hold
The Bank of Canada announced today it is holding the overnight lending rate at 5%, a move that many experts...
Mortgage News
The Bank of Canada’s Final Interest Rate Hold for 2023
The Bank of Canada's decision today to hold steady at the current 5% overnight lending rate is a hopeful sign...
How Much Mortgage Payments Outpaced Income Growth in the Last 10 Years
Since 2013, home prices have been on a consistent upward climb, with the rate of increase notably accelerated during the...
Bank of Canada Holds Steady: No Change to Rates Amid Economic Landscape
Canadians are breathing a sigh of relief as the Bank of Canada announced today that rates are staying put at...
Rising Mortgage Rates Dampening Homebuyer Confidence in the Market: Survey
Homebuyers have been feeling a lot of uncertainty about whether the Bank of Canada will further hike interest rates this...
Navigating the Upward Climb: Understanding the Current Mortgage Rate Outlook
Although it might feel like interest rates in 2023 are unbelievably high, they’ve been much higher before. The last time...
Canadian Real Estate Month in Review: July 2023 – Affordability Reports and Market Insights
With interest rates and home prices high, affordability was top of mind for our Zoocasa readers in July. From data-driven...
The Impact of the Bank of Canada’s Third Interest Rate Hike of 2023 on Canadian Real Estate
Experts and consumers alike have been split on what to expect leading up to today’s interest rate announcement from the...
How Interest Rate Changes Could Impact Canada’s Mortgage Market in 2023
The Bank of Canada’s fifth rate announcement of this year is scheduled for this upcoming Wednesday. Although inflation was moving...
Survey Reveals 71.3% of Canadians Experience Adverse Effects of Increasing Interest Rates
The Bank of Canada will announce next week whether or not it will hike interest rates further, causing many variable...
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