The Rates Stay the Same
In July 2008 about interest rates and the impact on your finances. Learn more about the current rate situation and when to make strategic debt reduction moves.
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Bank of Canada Interest Rates
Economic Optimism
The Royal Bank published a report effectively saying, “Relax, it’s only a bump in the economy“, with a forecast that things economically will not be as bad as first predicted. The full economic report by… Read More »Economic Optimism
Last Year’s Inflation Officially 2.2%
That is what Stats Canada says, which is not surprising, but the fact that it was only 2.2% amazes me a little. In 2006 the CPI was 2.0% so this is not a large jump… Read More »Last Year’s Inflation Officially 2.2%
Mortgage That’s the Ticket, for me, but first no rate cut
In 2008 the Bank of Canada thought 3% was a low rate, however we learned mortgage and interest rates went much lower.
Mortgage Rate Drop? Anybody? Anybody? Bueller?!?
Discover why mortgage rates (in 2008) have not reflected the recent rate drop by the Bank of Canada. Get insights into the factors influencing mortgage rates and their impact on borrowers.
