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A 180 Degree Change in Rate Views
2011-08-10 | 10:42:19
That’s what prices of closely-followed overnight index swaps (OIS) were implying at the close of business on Monday. OIS trade on market expectations for Bank of Canadarate moves.That amounts to a 180 degree swing in market psychology. Just a...read moreOttawa to tighten mortgage rules
2011-01-16 | 21:21:44
Ottawa is clamping down on the mortgage market with a package of measures to deal with Canadians’ record levels of household debt.The Finance Department is expected to announce that Ottawa will stop backing mortgages with amortization periods...read moreMore homebuyers turn to mortgage brokers
2010-10-28 | 11:01:47
The percentage of Canadians using mortgage brokers to buy their homes has increased significantly, according to a report released today.The Deloitte report, Winning Strategies in the Brokered Mortgage Marketplace, said that in the 1990s mortgage...read moreMark Carney's rate-hike quandary: To pause or not to pause
2010-10-18 | 10:33:15
Mark Carney's rate-hike quandary: To pause or not to pause Jeremy TorobinOttawa— From Monday's Globe and Mail Published Sunday, Oct. 17, 2010 6:57PM EDTLast updated Monday, Oct. 18, 2010 12:02PM EDT114 commentsEmail Print...read moreReaction to Interest Rate Hike
2010-06-01 | 13:29:19
Tavia GrantGlobe and Mail Update Published on Tuesday, Jun. 01, 2010 9:46AM EDT Last updated on Tuesday, Jun. 01, 2010 2:28PM EDTThe Bank of Canada boosted its overnight lending rate on Tuesday for the first time since 2007. The move could well spur...read moreDays of rock-bottom interest rates are numbered
2010-03-21 | 09:05:23
Jeremy TorobinOttawa — From Saturday's Globe and Mail Published on Friday, Mar. 19, 2010 10:21PM EDTThe clock is ticking on Canada's record-low borrowing costs, as inflation continues to move at a faster rate than the central bank had expected...read morenext »