A group of international finance ministers has a message for the Federal Reserve: don’t raise interest rates if you value the global economy.
More experts are joining the voices calling for a further cut in interest rates when the Bank of Canada announces its decision next month.
In the wake of falling rates, private lenders may have a tougher time selling clients on higher rates; but not if expectations are properly managed.
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One big bank has made a bold rate prediction for the near future but brokers aren’t biting.
Despite rate slashes from conventional lenders, many private mortgage providers haven’t budged on rate and brokers may not buy their reasoning for holding out.
One big bank has offered an explanation for why its prime rate doesn’t match the Bank of Canada’s overnight rate, but brokers aren’t exactly sold.
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The bond market is sounding the alarm about what’s in store for the Canadian economy.
A forecast from CIBC World Markets predicts that the bank of Canada will make a further 0.25 per cent cut to interest rates in March despite the current weakness of the Canadian dollar.