rate outlook Archives - Mortgage Rates & Mortgage Broker News in Canada

Trade uncertainty was key reason behind Bank of Canada’s April rate hold

April 30, 2025 No Comments

At its April 16 policy meeting, the Bank of Canada chose to hold its key interest rate at 2.75%, and now we know why: uncertainty. And not just a little.

Canada now expected to face deeper recession, Oxford warns

April 22, 2025 No Comments

Weaker global demand, trade war uncertainty and job losses expected to drag economy into contraction through 2026.

U.S. inflation hits 3%, Fed rate cut likely delayed until December

February 12, 2025 No Comments

U.S. headline inflation rose for the third straight month, raising the likelihood that the next Fed rate cut won’t happen until later this year.

Fixed vs. variable: Why variable-rate mortgages are making a comeback

February 11, 2025 No Comments

After the Bank of Canada’s latest rate reduction 5-year variable mortgage rates are now on par with their fixed-rate counterparts, raising the question: Is now the time to go variable?

U.S. Fed minutes signal cautious approach to rate cuts, January pause likely

January 8, 2025 No Comments

The Federal Open Market Committee’s (FOMC) latest minutes from its December 17-18 meeting reveal a more cautious approach to rate cuts, reinforcing expectations that the central bank will pause its rate cuts in January.

Will the Bank of Canada deliver another 175 bps in rate cuts? TD and CIBC say yes

July 26, 2024 No Comments

Borrowers may have welcomed recent rate cuts from the Bank of Canada, but TD Bank and CIBC predict an additional 175 bps of easing by the end of 2025, lowering the overnight rate to 2.75%.

Here’s why markets are betting on a Bank of Canada rate cut tomorrow

July 23, 2024 No Comments

Confidence is high that the Bank of Canada will deliver a second consecutive rate cut on Wednesday. Below, we look at some of the reasons why.

Inflation report “all but guarantees” a Bank of Canada rate cut next week: economists

July 16, 2024 3 Comments

Experts speculate the Bank of Canada may cut rates next week following a larger-than-expected slowdown in the country’s inflation rate in June.

Bank of Canada’s Governing Council divided over timing of future rate cuts

March 20, 2024 1 Comment

While conditions for rate cuts are expected to materialize over the course of the year, the Bank of Canada itself appears divided over when exactly these conditions will be met.

Rate cuts are on the way, but not this week, economists say

March 5, 2024 No Comments

Economists expect a more dovish tone from the Bank of Canada when it unveils its interest rate decision on Wednesday.

rate outlook