Prospective Calgary homeowners welcome rate drop, but it’s still a seller’s market
A much-anticipated interest rate cut by the Bank of Canada could actually drive increases in Calgary housing prices, according to some experts.
#globalnews #Consumer #Economy #BoCinterestrate #Calgaryhothomes
https://globalnews.ca/news/10548359/prospective-calgary-homeowners-welcome-rate-drop-but-its-still-a-sellers-market/

Prospective Calgary homeowners welcome rate drop, but it’s still a seller’s market
A much-anticipated interest rate cut by the Bank of Canada could actually drive increases in Calgary housing prices, according to some experts.
#globalnews #Consumer #Economy #BoCinterestrate #Calgaryhothomes
https://globalnews.ca/news/10548359/prospective-calgary-homeowners-welcome-rate-drop-but-its-still-a-sellers-market/

Manufacturing PMI, which we follow from the US, expanded to 50.3 in January, while it was expected to remain unchanged at 47.9. Services PMI, which was expected to decline in January, performed better than the previous month and expectations with 52.9 and continues to remain in the expansion zone. In Canada, no change was expected in the BoC rate decision and the rate was left unchanged at 5.00% in line with market expectations. #USPMI #BoCInterestRate #USData #ServicePMI #BoCDecision

Variable mortgages cost Canadians tens of thousands amid high rates. Is the risk worth it?
The 10 rate hikes in the past year-and-a-half have left many Canadians feeling squeeze, but variable rate mortgage holders have perhaps felt the biggest pinch.
#globalnews #Canada #Money #BankofCanada #BoCinterestrate
https://globalnews.ca/news/9976480/variable-rate-fixed-rate-mortgages-canada-interest/

Variable mortgages cost Canadians tens of thousands amid high rates. Is the risk worth it?
The 10 rate hikes in the past year-and-a-half have left many Canadians feeling squeeze, but variable rate mortgage holders have perhaps felt the biggest pinch.
#globalnews #Canada #Money #BankofCanada #BoCinterestrate
https://globalnews.ca/news/9976480/variable-rate-fixed-rate-mortgages-canada-interest/

Variable mortgages cost Canadians tens of thousands amid high rates. Is the risk worth it?
The 10 rate hikes in the past year-and-a-half have left many Canadians feeling squeeze, but variable rate mortgage holders have perhaps felt the biggest pinch.
#globalnews #Canada #Money #BankofCanada #BoCinterestrate
https://globalnews.ca/news/9976480/variable-rate-fixed-rate-mortgages-canada-interest/

Global News BC: ‘Cost of living, food, gasoline’: Bank of Canada’s interest rate change a worry for some https://globalnews.ca/news/9753136/bank-of-canada-interest-rate-hike-cost-of-living-worry/ #globalnews #britishcolumbia #news #BankofCanadainterestrateannouncement #BankofCanadainterestrate #Interestratemortagerate #Interestratemortgage #BankofCanadarate #Interestraterise #BoCinterestrate #BankofCanada #interestrate #Economy #Canada #Money