Calgary Interest Rate Market Update

Hey Guys! I wanted to summarize a couple of helpful bits of information related to interest rates that ultimately influence Calgary Real Estate ... U.S. and Canadian inflation data surprised the market.Change

Eavesdropping On The Bank of Canada

Hey Guys! This is juicy. The Bank of Canada released notes related to their decision to raise the key lending rate by 0.25%. Up until now, we've only ever had the formal press

Bank of Canada—Meeting Preview

Hey Guys! The Bank of Canada is set to make a rate announcement on 25 January 2023—their first of 8 rate announcements this calendar year. There is anticipation of another 0.25% rate

Popped Champaign!

(originally published Nov 15th 2022) Hey Guys! I've written to you before about how influential the U.S. is to Canada's economy. The old adage is, "when the U.S. sneezes, Canada catches a

Updated Home Affordability Numbers

Hey Guys! I thought some of you might be interested in seeing some affordability numbers in today's housing market. Let's look at how much income is required to purchase two properties, as

Bank of Canada 50 Basis Point Rate Hike

So many words below!! TL;DR ... The Bank of Canada increased the key policy rate by 0.50% this morning moving the rate higher to 3.75%.The commercial bank Prime interest rate will

Is Canada Importing U.S. Interest Rates?

Hey Guys! This is a monetary policy update from the U.S. which influences the Bank of Canada (BoC) and ultimately Canadian monetary policy (interest rates). I know we are all facing higher

Inflation And Interest Rate Update

Hey Guys! Here is some information I hope you find helpful: 1. Canada's updated inflation numbers. 2. Mortgage rate update. 3. Statistics package. This will be helpful if you're planning a Mortgage renewal, refinancing, selling

Tapering And Rate Hikes

Hey Folks! Let's talk about the following: Fixed rates move higher, buy why?Tapering of asset purchases and what this might mean. Interest rate hikes by central bankers - rock and a hard place. As

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