Tag: mortgage rates Canada
-
Markets Are Watching March 2027 for Canada’s Next Rate Hike

Canada’s interest rate outlook may be shifting again, and that could matter for buyers, sellers, and anyone watching mortgage rates. According to a May 12, 2026 report from The Wall Street Journal, financial-market participants are now eyeing March 2027 as a possible timing for the next Bank of Canada rate increase, based on the central…
-
Bank of Canada Warns Consecutive Rate Hikes Could Return if Oil Prices Stay High

Canada’s interest rate outlook may not be as stable as it seemed just days ago. While the Bank of Canada held its benchmark rate at 2.25%, Governor Tiff Macklem is now warning that rate hikes could return if oil prices continue to surge. Rates Held – But Risks Are Rising The central bank has now held rates steady for the fourth…
-
Bank of Canada Expected to Hold Rates at 2.25% on April 29, 2026

Canada’s interest rate outlook is coming into sharper focus, with economists expecting the Bank of Canada to hold its key policy rate steady. With inflation still within target and economic uncertainty lingering, the central bank is showing little urgency to either cut or raise rates in the near term. Rates Expected to Hold Around Current…
-
Inflation Just Jumped in Canada – Here’s What It Means for Mortgage Rates

Canada’s inflation rate has moved higher again, adding new uncertainty to the outlook for interest rates and the housing market. The latest data shows inflation rising to 2.4%, with a sharp increase in gasoline prices playing a major role in the jump. Inflation Rises Faster Than Expected New data shows Canada’s inflation rate climbed to…
-
Bank of Canada Just Appointed Two New Deputy Governors – Here’s What It Could Mean for Housing

A new leadership update at the Bank of Canada could have important implications for Canada’s housing market. The central bank has appointed two new deputy governors, signaling continuity in its approach to inflation and monetary policy at a time when interest rates remain the biggest driver of real estate activity. Bank of Canada Appoints Two…
-
Canada Housing Market 2026: Are Rate Cuts Over? Mortgage Rates Could Rise 75 Basis Points

After months of optimism around falling interest rates, a new narrative is emerging across Canada’s housing market and it could catch buyers and homeowners off guard. Financial markets are now pricing in the possibility that the Bank of Canada may not only delay rate cuts, but could raise interest rates again in 2026. For a…
-
Where Is the Canadian Housing Market Headed in 2026? Seven Key Trends Economists Are Watching

As Canada moves into 2026, the housing market remains in a prolonged reset rather than a sharp rebound or collapse. According to a range of economists, analysts, and housing experts cited by The Globe and Mail, the next phase of the market will be shaped by slower population growth, rising supply, changing affordability dynamics, and…
-
Canadian Government Debt Is Getting So Massive It’s Distorting Credit Markets, BIS Says

Government debt levels have grown so large that they are beginning to distort how credit markets function, according to new research from the Bank for International Settlements (BIS). In its latest quarterly review, the BIS warns that sovereign debt issuance has reached a scale that is eroding the traditional role of government bonds as the…
-
Canada Housing and Interest Rate Forecasts for 2026: What Economists Expect Next

As 2026 begins, Canada’s housing market appears to be settling into a period of gradual recovery rather than a sharp rebound. After several turbulent years marked by rapid rate hikes, falling sales, and uneven price corrections, economists now expect a more balanced environment defined by lower interest rates, cautious buyers, and restrained price growth. Rate…
-
Canadian Housing Market Update – December 2025: Rate Cuts Fail to Revive Home Sales

November was widely expected to be a turning point for Canada’s housing market. After two consecutive interest rate cuts from the Bank of Canada, borrowing costs fell to levels many buyers had been waiting for. Instead, new data shows home sales declined across most of the country, reinforcing the idea that lower rates alone are…