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January Predictions: Will the Bank of Canada Reduce Its Lending Rate?

January Predictions: Will the Bank of Canada Reduce Its Lending Rate?

by quiresoft | Jan 28, 2025 | Lending Rate

Introduction Overview of the Current Economic Situation in Canada Canada’s economy has faced challenges in recent months. Inflation rates have fluctuated, affecting consumer confidence. Job growth is steady, but wage increases lag behind inflation. The housing...
2025 Housing Market Forecast: Is It a Good Time to Buy or Sell?

2025 Housing Market Forecast: Is It a Good Time to Buy or Sell?

by quiresoft | Jan 27, 2025 | Housing Market Forecast

Introduction Overview of Current Housing Market Trends As we approach 2025, the housing market is experiencing notable shifts. Prices have seen fluctuations, with some areas witnessing significant appreciation. Others, however, face stagnation or declines. Interest...
Variable vs. Fixed: Is 2025 the Year to Choose a Variable Rate?

Variable vs. Fixed: Is 2025 the Year to Choose a Variable Rate?

by quiresoft | Jan 27, 2025 | Variable rate

Introduction to Variable and Fixed Rates Definition of Variable and Fixed Interest Rates Variable and fixed interest rates are two types of interest rates that borrowers encounter. A fixed interest rate remains the same throughout the life of a loan. This stability...
Are Canada Mortgage Rates on a Downward Trend? What Homebuyers Need to Know

Are Canada Mortgage Rates on a Downward Trend? What Homebuyers Need to Know

by quiresoft | Jan 24, 2025 | Mortgage Rates

Introduction to Canada Mortgage Rates Overview of the Canadian Mortgage Market The Canadian mortgage market is crucial for homebuyers. It connects lenders with those seeking homes. Various institutions, such as banks and credit unions, provide mortgage options. Each...
The Ripple Effect: How Trump’s Tariffs May Influence Mortgage Rates in 2025

The Ripple Effect: How Trump’s Tariffs May Influence Mortgage Rates in 2025

by quiresoft | Jan 21, 2025 | Mortgage Rates

Introduction Trump’s tariffs, implemented during his presidency, aimed to boost American manufacturing. These tariffs targeted various imports, including steel and aluminium. The intent was to make domestic products more competitive. By raising costs on foreign...
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