The Bank of Canada has increased interest rates another fraction. Apparently the economy is doing well and everything is just fine. The real estate market is completely overheated but let’s not focus on that. Instead, let’s all thank prime minister with the best hair and celebrate.
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Sources Used in This Video:
https://goo.gl/UpprQe
The path for Canadian interest rates this year goes right through Donald Trump | Financial Post
http://business.financialpost.com/news/economy/bank-of-canada-raises-interest-rate-to-1-25-highest-in-almost-a-decade
Big Six have now all raised mortgage rates as Bank of Canada decision looms | Financial Post
http://business.financialpost.com/real-estate/mortgages/big-six-have-now-all-raised-mortgage-rates-as-bank-of-canada-decision-looms
Best Mortgage Interest Rates - Find Today's Lowest Variable & Fixed Rates
https://www.ratehub.ca/best-mortgage-rates
3, 4, 5, 7 & 10 Year Closed Term Mortgages | Scotiabank
http://www.scotiabank.com/ca/en/0,,216,00.html
BUSINESS REPORT – The Bank of Canada’s interest rate hike has made it all the more difficult for home buyers - BC | Globalnews.ca
https://globalnews.ca/news/3970187/business-report-the-bank-of-canadas-interest-rate-hike-has-made-it-all-the-more-difficult-for-home-buyers/
Rising mortgage rates unlikely to slow down hot Toronto housing market | Toronto Star
https://www.thestar.com/business/2018/01/17/rising-mortgage-rates-unlikely-to-slow-down-hot-toronto-housing-market.html
Staggering share of Canadians fear bankruptcy if interest rates rise much more - National | Globalnews.ca
https://globalnews.ca/news/3962467/credit-card-debt-savings-canadians/
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Bank of Canada
https://www.bankofcanada.ca/
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