Mortgage Rates & Mortgage Broker News in Canada |
| The Latest in Mortgage News: BoC Deputy Governor Says Rate Hikes Could Come Later Than Expected Posted: 18 Nov 2021 06:16 PM PST Financial markets may be pricing in the first interest rate hikes as early as March, but they shouldn’t be too confident about that timing. That was the message from Bank of Canada Deputy Governor Lawrence Schembri during a question and answer session following a speech on the labour market this week. “There’s a lot of uncertainty about the timing of the closing of the output gap, so one should be careful not to assume it’s necessarily going to be the second […] |
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