Canadians Brace For Higher Mortgage Rates After Bank of Canada Hike

       

Canada’s economy continues to outperform, despite rising interest rates. In response, the Bank of Canada (BoC) hiked its overnight rate by 0.25 points to 4.75%—the highest rate in over 10 years. To further throttle excess demand, the central bank is also reducing credit liquidity, as it attempts to prevent already elevated inflation from returning to […]

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