Canadian interest rates may start dropping again in April: RBC

Canadian interest rates may start dropping again in April: RBC

The Bank of Canada announced this week that it would leave its mortgage market-influencing key interest rate unchanged again. This development ? or lack thereof ? did not come as a surprise to economists who pay close attention to the central bank?s moves. It was,...
Signs point to lower Canadian mortgage rates this year

Signs point to lower Canadian mortgage rates this year

Experts see signs that mortgage interest rates in Canada may continue dropping this year. In a note sent to clients this morning, BMO Senior Economist Robert Kavcic points to the fact that five-year government bond yields have been declining, a key indicator for where...

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