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My Mortgage Blog — Latest Posts
What the Bank of Canada’s latest outlook means for interest rates
The Bank of Canada held its benchmark interest rate at 2.75% this week, marking its third straight hold in the current rate-cutting cycle. While the decision itself was widely expected, the...
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Home sales continue recovery in June, but price growth still subdued
Canada’s housing market posted another month of gains in June, with home sales rising 2.8% month-over-month, building on the 3.6% increase seen in May. The gains were driven largely...
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Job growth surprises in June. Will it delay another BoC rate cut?
Canada’s labour market showed unexpected strength in June, adding 83,000 jobs—marking the first monthly employment increase since January. The national unemployment rate edged down to 6.9%, reversing...
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Home sales post first monthly gain since November, but market still cooling year
Canada’s housing market posted a modest rebound in May, with home sales rising 3.6% from April, marking the first national monthly increase in more than six months, the Canadian Real Estate...
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