Market Commentary
Category: Rates and Rate Forecasts (16 posts)
Sherry Cooper's Comment on Today's Bank of Canada Rate Hike
October 24, 2018 | Posted by: Francine Tracey
As was universally expected, the Bank of Canada's Governing Council hiked overnight rates this morning by 25 basis points taking the benchmark yield to 1-3/4%. This marked the fifth rate increase sinc ... [read full post]
Category: Rates and Rate Forecasts
Economy Growing - Interest Rate Update
November 12, 2015 | Posted by: Francine Tracey
Market Commentary, courtesy of First National Financial Strong employment numbers in both Canada and the United States have market watchers focusing on interest rates again, especially in the U.S. Th ... [read full post]
Category: Rates and Rate Forecasts
Interest Rates to Remain Unchanged - Bank of Canada
October 21, 2015 | Posted by: Francine Tracey
Bank of Canada maintains overnight rate target at 1/2 per cent The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspond ... [read full post]
Category: Rates and Rate Forecasts
Interest Rate Watch June 2015
May 27, 2015 | Posted by: Francine Tracey
Chatter about interest rates continues to run high in the background as market watchers wait to see what happens next. Rising yields on five-year Government of Canada bonds, employment numbers that ar ... [read full post]
Category: Rates and Rate Forecasts
Interest rates to stay low with oil prices
January 8, 2015 | Posted by: Francine Tracey
With oil prices declining we should see a prolonged period of low-interest rates in Canada. Recently the average price of homes in Vancouver has risen above $1,000,000 but affordability moving f ... [read full post]
Category: Rates and Rate Forecasts
Economy and Interest Rates Dec 2013
December 4, 2013 | Posted by: Francine Tracey
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Recent ... [read full post]
Category: Rates and Rate Forecasts
Is US Negative News Affecting Mortgage Rates?
October 16, 2013 | Posted by: Francine Tracey
It’s day sixteen of the US government’s self-imposed partial shutdown, and with a cash crunch fast approaching US markets are…..enjoying another one of their best days this year. Ru ... [read full post]
Category: Rates and Rate Forecasts
Canadian Bond Yields, Equity and Commodity Indices
January 21, 2013 | Posted by: Francine Tracey
(as at Friday close January 18, 2013) Equity Market Indices:* Toronto S&P/TSX: 12,726. Up 1.0% 5-day; Up 2.4% YTD* New York S&P 500: ... [read full post]
Category: Rates and Rate Forecasts
Bank of Canada Target Rate Remains Unchanged
December 5, 2012 | Posted by: Francine Tracey
JUST RELEASED / MAINTENANT DISPONIBLELa version française suit le texte anglais.FOR IMMEDIATE RELEASE4 December 2012 Bank of Canada maintains overnight rate target at 1 per ce ... [read full post]
Category: Rates and Rate Forecasts
Commercial Mortgage and Bond Rates November 16
November 16, 2012 | Posted by: Francine Tracey
Commercial Bond Yields Canada Mortgage Bond Canada Housing 12/15/17*: 1.66% Canada Housing 06/15/18*: 1.71% Canada Housing 12/15/22*: 2.28% * deno ... [read full post]
Category: Rates and Rate Forecasts
Commercial Bond Yields and Bank Rates
November 2, 2012 | Posted by: Francine Tracey
This just in from First National Financial: (includes comment): Commercial Bond Yields Canada Mortgage Bond Canada Housing 12/15/17*:1.70 ... [read full post]
Category: Rates and Rate Forecasts
Bank of Canada Holds Interest Rates .... Summary of Monetary Report
October 26, 2012 | Posted by: Francine Tracey
Highlights of The Bank of Canada Monetary Report released October 2012 are as follows: ƒGlobal economic activity has slowed, as expected in July. ƒ In Canada, following the recent per ... [read full post]
Category: Rates and Rate Forecasts
Recent Economics Report from CIBC gives some hint as to Rate Forecast
October 12, 2012 | Posted by: Francine Tracey
Please click this link under economic reports for most recent rate forecast regarding 5 and 10 year mortgage rates. CIBC Reports ... [read full post]
Category: Rates and Rate Forecasts
Why do interest rates continue to fall?
August 8, 2012 | Posted by: Francine Tracey
What can we make of the low-interest-rate environment we are now seeing? Fixed rates are dropping and one lender has dropped its variable rate. Will more lenders follow suit?When the five-year fixed r ... [read full post]
Category: Rates and Rate Forecasts
July 18, 2012 - Bank of Canada Interest Rate update
July 18, 2012 | Posted by: Francine Tracey
As expected the Bank of Canada is holding its benchmark, overnight rate at 1% for the 15th consecutive setting. In the accompanying policy statement, the bank said the decision was made in light of th ... [read full post]
Category: Rates and Rate Forecasts
Rate hike or not?
April 30, 2012 | Posted by: Francine Tracey
There are, once again, conflicting headlines with regard to the economy and the future of interest rates. On the one hand, Canada's recovery is picking up faster than expected, which had the Ban ... [read full post]
Category: Rates and Rate Forecasts