December 13, 2022

Long-term prospects for Canadian home prices are positive

Long-term prospects for Canadian home prices are positive

The decline in national home prices this year will not turn into a prolonged downfall like the one that happened in the early 1990s.  The decline in national home prices this year will not turn into a prolonged downfall like the one that happened in the early 1990s.  Mortgage Rates & Mortgage Broker News in Canada 

“Much higher” interest rates will be needed if inflation sticks, says Macklem

“Much higher” interest rates will be needed if inflation sticks, says Macklem

The Bank of Canada’s interest rate hikes this year have “begun to work” to cool Canada’s overheated economy and slow inflation, the central bank’s Governor said on Monday.  The Bank of Canada’s interest rate hikes this year have “begun to work” to cool Canada’s overheated economy and slow inflation, the central bank’s Governor said on …

“Much higher” interest rates will be needed if inflation sticks, says Macklem Read More »