Category: Interest Rates (42 posts)
Bank of Canada - remains at .25%
April 15, 2020 | Posted by: Patrick Mulhern
Bank of Canada maintains overnight rate at its 'effective lower bound' The Bank of Canada announced that it will maintain the overnight rate at 0.25%, which it ... [read more]
Another unscheduled .50% rate cut by BoC
March 27, 2020 | Posted by: Patrick Mulhern
Bank of Canada makes another emergency cut to interest rate Bank has made an emergency rate cut twice in 2 weeks in response to damage of COVID-19 pandemic Pete Evans · CBC News ... [read more]
Unprecedented times - Where rates are and going?
March 16, 2020 | Posted by: Patrick Mulhern
In an unpresedented move yesterday the US Federal Reserve cut their key lending rate by 1.0% to 0-.25%. This after a .50% cut in rates back on March 3rd. They also have r ... [read more]
Bank of Canada matches US Fed with half-point rate cut
March 4, 2020 | Posted by: Patrick Mulhern
Bank of Canada follows U.S. with half-point rate cut to soften blow of coronavirus Bank rate reduction comes amid economic concerns over coronavirus outbreak The Canadian Press · Po ... [read more]
US Fed makes an unscheduled .5% rate reduction
March 3, 2020 | Posted by: Patrick Mulhern
Fed delivers emergency rate cut as risks from coronavirus mount Matt LundyEconomics Reporter David BermanInvestment Reporter Bill Curry Published March 3, 2020 Updated 8 minutes ago &n ... [read more]
Poloz hints that rates in Canada should stay low
December 12, 2019 | Posted by: Patrick Mulhern
Bank of Canada's Poloz says global growth to remain slow, low global interest rates Central bank kept key interest rate on hold last week at 1.75 per cent The Canadian Press · Poste ... [read more]
Bank of Canada - no change once again
December 4, 2019 | Posted by: Patrick Mulhern
Bank of Canada holds rates steady, sees signs of stabilizing global economy David Parkinson Bank of Canada Governor Stephen Poloz, in a May 16, 2019, file photo. The Bank of Canada kept i ... [read more]
Bank of Canada holds rates but warns of global trade concerns
September 4, 2019 | Posted by: Patrick Mulhern
Bank of Canada holds rates steady but flags global trade concerns Bill Curry OTTAWA Published September 4, 2019 Updated 1 hour ago Stephen Poloz, Governor of the Bank of Canada answ ... [read more]
Bank of Canada - no change for 6th time
July 10, 2019 | Posted by: Patrick Mulhern
Bank of Canada bumps up 2019 growth forecast, keeps rates steady Bill Curry OTTAWA Published July 10, 2019 Updated 4 hours ago The Bank of Canada is leaving its overnigh ... [read more]
Bank of Canada - no change in rates for now
May 29, 2019 | Posted by: Patrick Mulhern
Bank of Canada holds rates but says recent economic slump easing Barrie McKenna Economics Reporter Published May 29, 2019 Updated 3 hours ago The Bank of Canada says a run of good econo ... [read more]
Bank of Canada - held rate and dropped growth forcast for 2019
April 24, 2019 | Posted by: Patrick Mulhern
Bank of Canada holds interest rate, drops growth forecast for 2019 by Canadian Press 24 Apr 2019 The Bank of Canada is keeping its key interest rate unchanged as it releases a do ... [read more]
Canadian mortgage rates falling
March 26, 2019 | Posted by: Patrick Mulhern
Canadian mortgage rates are falling as bond yields slide lower Yield on 5-year government debt has dipped below 1.5%, its lowest level since 2017 Pete Evans · CBC News · Posted: Mar 26 ... [read more]
US Fed's leave rates unchanged with no signs of increase
January 30, 2019 | Posted by: Patrick Mulhern
Fed leaves interest rates steady, says will be 'patient' on future hikes Chairman Jerome Powell had been widely expected to hold rate steady after 4 hikes last year The Associated Pr ... [read more]
Bank of Canada - as expected .25% increase
October 24, 2018 | Posted by: Patrick Mulhern
TD Economics Data Release: Another Bank of Canada hike, another step closer to 'neutral' The Bank of Canada increased its key monetary policy interest rate to 1.75%, from 1.5 ... [read more]
Bank of Canada - holds steady
May 9, 2018 | Posted by: Patrick Mulhern
Bank of Canada holds rates steady, remains ‘cautious’ on future hikes The Bank of Canada is continuing to build a case for higher interest rates – just not yet. The centr ... [read more]
Bond yields surge increases mortgage rates
February 21, 2018 | Posted by: Patrick Mulhern
TSX up and Wall St. down after bond yield surge; loonie moves lower The Canadian Press Published February 21, 2018 - 6:07pm Last Updated February 21, 2018 - 6:10pm ... [read more]
Bank of Canada returns the bank rate to 1.0%
September 6, 2017 | Posted by: Patrick Mulhern
Bank of Canada Raises Benchmark Rate to 1% by Bloomberg 06 Sep 2017 by Theophilos Argitis The Bank of Canada forged ahead with another interest rate hike in a nod to the country’s ... [read more]
US Fed Bank raised their rate by .25%
December 14, 2016 | Posted by: Patrick Mulhern
... [read more]
Bank of Canada - no change with no change in sight!
May 25, 2016 | Posted by: Patrick Mulhern
... [read more]
US Fed rate unchanged and not expected to move anytime soon
April 28, 2016 | Posted by: Patrick Mulhern
... [read more]
Bank of Canada holds rate steady (no surprise)
March 9, 2016 | Posted by: Patrick Mulhern
... [read more]
TD Economists predict that the Bank of Canada will hold rates util mid 2017
November 30, 2015 | Posted by: Patrick Mulhern
... [read more]
Mortgage Rates inch higher from record lows - cbc news
November 26, 2015 | Posted by: Patrick Mulhern
Mortgage rates inch higher from record summer lows Slight upward movements in bond market are filtering into fixed-rate loans By Pete Evans, CBC News Posted: Nov 25, 2015 2:18 P ... [read more]
US Fed Reserve held rates
October 28, 2015 | Posted by: Patrick Mulhern
Fed keeps rates unchanged, sets up possible December hike Lindsay Dunsmuir and Jason Lange WASHINGTON — Reuters Published Wednesday, Oct. 28, 2015 7:19AM ED ... [read more]
Chinga cuts their interest rate for the 6th time this year
October 23, 2015 | Posted by: Patrick Mulhern
China reduces their interest rate for the 6th time this year. Signal that their economy is slowing. Pat ... [read more]
Bank of Canada held rates at .5% with no increase in sight
September 9, 2015 | Posted by: Patrick Mulhern
Bank of Canada holds key rate at 0.5% as economy recovers from oil’s collapse OTTAWA — Bank of Canada left its key interest rate on hold Wednesday, saying it ... [read more]
BoC cuts by .25% . TD first to cut prime but only .10% to 2.75%
July 15, 2015 | Posted by: Patrick Mulhern
Bank of Canada slashes key rate as economy contracts, exports stall BARRIE McKENNA Published Wednesday, Jul. 15, 2015 10:01AM EDT The Bank of Canada ... [read more]
Bank of Canada held rates- no rate increases expected untl 2016
April 16, 2015 | Posted by: Patrick Mulhern
Poloz reiterates bright outlook as Bank of Canada holds key rate BARRIE MCKENNA OTTAWA — Published Wednesday, Apr. 15 2015, 10:01 AM EDT Bank of Canada Go ... [read more]
Bank of Canada holds rate steady after last rate drop
March 4, 2015 | Posted by: Patrick Mulhern
Bank of Canada stands pat on key rate, cites impact of January cut Barrie McKenna OTTAWA — Published Wednesday, Mar. 04 2015, 10:03 AM EST The Bank of Canada has opted ... [read more]
Experts predict another drop in the Bank of Canada Rate
February 25, 2015 | Posted by: Patrick Mulhern
Central banks should move beyond inflation targets, Poloz says BARRIE McKENNA OTTAWA — The Globe and Mail Published Tuesday, Feb. 24 2015, 2:11 PM EST Stephen Poloz says ... [read more]
Banks hold out on prime
January 23, 2015 | Posted by: Patrick Mulhern
Why the Bank of Canada rate cut may not bring down mortgage costs Robert McLister Special to The Globe and Mail Published Thursday, Jan. 22 2015, 1:02 PM EST It could be a boon for mortga ... [read more]
Bank of Canada decreases rates, yes decreases!
January 21, 2015 | Posted by: Patrick Mulhern
Bank of Canada shocks market with rate cut BARRIE MCKENNA The Globe and Mail Published Wednesday, Jan. 21 2015, 10:01 AM EST The Bank of Canada announced a surprise quar ... [read more]
Banks decrease their posted mortgage rates
November 21, 2014 | Posted by: Patrick Mulhern
Interest rate alignment drops mortgage rates slightly By Tracy Sherlock, Vancouver Sun November 20, 2014 Single- ... [read more]
Bank of Canada rate remains the same with no change in sight
June 4, 2014 | Posted by: Patrick Mulhern
Bank of Canada 'slaps' down Canadian dollar Michael Babad The Globe and Mail Published Wednesday, Jun. 04 2014, 5:28 AM EDT As The Globe and Mail’s Barrie McKenna ... [read more]
Variable Rate offer at 1.99%
May 14, 2014 | Posted by: Patrick Mulhern
Variable Rate at 1.99% I am sure you have all heard that Investors Group is offering a mortgage to their clients at prime-1.01% (currently 1.99%). Here are the terms of t ... [read more]
Bank of Canada Announced - No Change, again.
April 16, 2014 | Posted by: Patrick Mulhern
Poloz frets over export recovery, keeps rate-hike timing steady BARRIE McKENNA OTTAWA — The Globe and Mail Published Wednesday, Apr. 16 2014, 10:07 AM EDT ... [read more]
Bank of Canada - No change
January 22, 2014 | Posted by: Patrick Mulhern
Bank of Canada warns low inflation to persist well into 2016 BARRIE McKENNA OTTAWA — The Globe and Mail Published Wednesday, Jan. 22 2014, 10:04 ... [read more]
.png "Mulhern Mortgages")