xhamster porno

I Would Like to be Contacted

First name:
Last name:

Validation code:
   * All fields are mandatory

Contact Information

2180 Steeles Avenue West,
Suite 204, Concord,
ON, L4K 2Z5

Phone:     905-761-7001
Toll Free: 1855-761-7001
Fax:          905-761-7005

Email: mortgageadvisor@rogers.com

7 January 2019

Should we expect a rate increase this week?

On Wednesday, the central bank will announce its interest rate decision, and many predict no changes this time.

However, there will also be a Monetary Policy Report release, and the mortgage and housing industries (as well as borrowers) will pay a lot of attention to its tone.

According to CIBC economist Avery Shenfeld, the rate decision is easy. It’s what to say about the future that is more difficult.

In his opinion, we haven’t seen solid reasons for a rate hike even before the latest oil prices drop.

Shenfeld says although the Bank’s outlook will include forecasts of no changes concerning oil prices, it will still predict a gradual rise, which could allow a rate increase.

He expects the central bank’s tone to be in a wait-and-see manner, but in case the oil prices recover and the inventories don’t grow sharply, the next rate hike may be seen even in April.


Add comment

Security code


17 Janaury 2019

Canadian Big Banks are reducing their fixed interest rates RBC cut its best five-year fixed rate by 0.15% from 3.89% to 3.74%, becoming the first one...Read more >>

16 January 2019

Half of Canadians with HELOCs don’t know how they work During the previous 15 years, home equity lines of credit (HELOCs) have become one of the main...Read more >>

15 January 2019

Average home price fell by 4.9% annually in December The average cost of a Canadian property fell by almost 5% on a year-over-year basis and reached ...Read more >>
Licence# 10349

7676 Woobine Avenue Suite 300 Markham, ON L3R 2N2
2180 Steeles Avenue West, Suite 204, Concord Ontario L4K 2Z5
© 2010 Michael Tulchenetskiy & Denys Derzhavets Mortgage Brokers. All Rights Reserved