Introduction The decision by a country’s central bank to adjust interest rates is always of profound significance, affecting everything from consumer spending to business investments and even international markets. On March 15, 2017, the US Federal Reserve’s Open Market Committee (the Fed) took a pivotal step in this direction. In this article, we’ll explore the […]

The Bank of Canada has, once again, decided to maintain its policy rate at 0.5%, but the good news my be short-lived The Bank cites “significant uncertainties”, particularly in the United States, and “persistent economic slack” as the key reasons for holding the rate. But many see this as simply a placeholder until its The […]

Introduction The Canada Mortgage and Housing Corporation (CMHC) has announced an increase in its homeowner mortgage loan insurance premiums, set to take effect on March 17, 2017. Mortgage loan insurance plays a pivotal role in the Canadian housing market, ensuring that homebuyers, especially those with a smaller down payment, can secure their dream homes with […]