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Interest Rate Outlook in Around Town

Interest Rate Outlook in Around Town

by Kenzie Andrews | Feb 20, 2025 | Bank of Canada, Blog, Interest Rates

The Bank of Montreal (BMO) has revised its outlook for interest rates in response to the economic impact of proposed tariffs. BMO anticipates the Bank of Canada (BOC) will implement six consecutive quarter-point interest rate cuts, bringing the policy rate down...
Home Prices and Lower Interest Rates in Around Town

Home Prices and Lower Interest Rates in Around Town

by Kenzie Andrews | Aug 15, 2024 | Bank of Canada, Blog, Housing Market, Interest Rates

The Bank of Canada is now less concerned about home prices spiking as it lowers the benchmark interest rate to 4.5%. The next interest rate decision is set for September 4. Industry analysts expect September’s interest decision to be...

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