canada interest rates Archives

Understanding Housing Affordability in 2024

Posted on January 23, 2024January 31, 2024 by Gerard Buckley

Housing affordability is a hot topic in 2024, and there’s a lot of talk about how interest rates affect it. Too many people are drinking the “lower interest rate Kool-Aid” as the route to housing affordability. While many people think lowering interest rates is the key, we at Buckley Mortgage Broker Team believe they won’t […]

Surprise Rate Increase by Bank of Canada? Not so Much

Posted on June 16, 2023June 17, 2023 by Gerard Buckley

Interest Rate Update As much as the media and market commentators call Wednesday’s June 7th interest rate hike of .25% to a Bank Rate of 4.75% a surprise, we have been calling for a 25-50b basis point increase in interest rates for the later part of this year. (See our articles Jan 24, Mar 7 […]

Interest Rates in Canada Unlikely to Come Down

Posted on March 7, 2023March 7, 2023 by Gerard Buckley

SUPRISE, SURPRISE; Media and Financial Markets are getting ahead of themselves! We are sure it will be no SURPRISE that after the last interest rate hike in January, the financial markets — and especially the media — have gotten ahead of themselves going so far as to say we would see a rate decrease in […]

Tag: canada interest rates

Understanding Housing Affordability in 2024

Surprise Rate Increase by Bank of Canada? Not so Much

Interest Rates in Canada Unlikely to Come Down

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