Bank of Canada’s 50-bps hike suggests the “peak is near” - Mortgage Partners Corporation

Bank of Canada’s 50-bps hike suggests the “peak is near”

October 27, 2022
12:36 am

The Bank of Canada surprised markets on Wednesday by delivering a lower-than-expected 50-basis-point rate hike, its sixth consecutive rate increase of the year.

The Bank of Canada surprised markets on Wednesday by delivering a lower-than-expected 50-basis-point rate hike, its sixth consecutive rate increase of the year. Mortgage Rates & Mortgage Broker News in Canada

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