Jumbo rate cut from Bank of Canada from Dr. Sherry Cooper Chief Economist Dominion Lending Centres
Posted by: Donna White
https://dominionlending.ca/economic-insights/jumbo-rate-cut-by-the-bank-of-canada
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Posted by: Donna White
https://dominionlending.ca/economic-insights/jumbo-rate-cut-by-the-bank-of-canada
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https://www.msn.com/en-ca/money/topstories/five-things-to-watch-from-the-bank-of-canada-interest-rate-decision/ar-AA1sJmh0?ocid=socialshare&pc=ACTS&cvid=a65165081aa1475d8613cf19b3adc267&ei=12
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https://www.msn.com/en-ca/money/topstories/freeland-allowing-more-30-year-mortgages-higher-values-for-insured-mortgages/ar-AA1qF6jv?ocid=socialshare&pc=ACTS&cvid=ad93857b58014035a82b1235d02ae928&ei=24
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Today’s good inflation news and weakening economic data suggest that the Bank of Canada will cut its overnight policy rate by another 25 bps on September 4. Additional monetary easing is also likely in October and December, continuing through much of next year, triggering a rebound in housing activity. Read about it here https://dominionlending.us7.list-manage.com/track/click?u=e22472ccf910e7bde7d3d0632&id=69cb8709bc&e=cb7f9db17c
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