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Sunday, July 31st, 2016

A Side Effect of Rate Warnings – Consult with Adil Virani, Vancouver Mortgage Broker

“The longer it (low interest rates) goes on, the more people can start to think this is normal and it’s not normal; it’s very, very far from normal.”— Julie Dickson, OSFI Superintendent, Sept. 23, 2013 via MortgageBrokerNews.ca When people hear an authority—like the head of Canada’s banking regulator—make these statements, it compels many to lock in […]

Bank of Canada not seen hiking rates until Q2 2013: Reuters poll

By Jon Cook TORONTO (Reuters) – Sluggish domestic growth and uncertainty about the global economy will likely keep the Bank of Canada from raising rates until the second quarter of 2013, according to a Reuters survey. The Reuters poll of 42 economists and strategists released on Wednesday showed the median forecast for the next interest rate […]


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