Michael Antczak | Real Estate Sales Representative Serving Vaughan, Kleinburg | RE/MAX Premier Inc., Brokerage | Real Estate Mike for All Your Real Estate Needs

Variable Rate Mortgages News and Articles | My Blog

Bank of Canada's Poloz boosts expectations for hike in first quarter

12/15/2017 | Posted in Mortgage Interest Rates by Michael Antczak

stephen-poloz-bank-of-canada-45.jpg - Real Estate News

The Bank of Canada is increasingly confident the economy will need less stimulus over time, Governor Stephen Poloz said on Thursday in an end-of-year speech that boosted the ... More


Bank of Canada announces rate

12/6/2017 | Posted in Mortgage Interest Rates by Michael Antczak

bank-of-canada-84.jpg - Real Estate News

The Bank of Canada stuck with its trend-setting interest rate, but it offered fresh, yet cautious, warnings to Canadians that increases are likely on the way.

... More


BoC Rate Increase got Consumers Worried

9/29/2017 | Posted in Mortgages and Real Estate by Michael Antczak

cheque-debt-bills-signature-96.jpg - Real Estate News

The latest poll by Forum Research Inc., which was conducted right after the Bank of Canada’s decision to increase its benchmark overnight rate to 1% earlier this month, ... More


Consumers Rush to Lock in Mortgage Rates ahead of Bank of Canada Rate Hikes

9/12/2017 | Posted in Mortgage News by Michael Antczak

contract-real-estate-mortgage-102.jpg - Real Estate News

The number of Canadians who applied for a fixed-rate mortgage in August saw a substantial spike, with 59.31% of users on the LowestRates.ca website opting for a fixed-rate ... More


Bank of Canada Rate Increase - Consumer Impact

9/12/2017 | Posted in Financial Health by Michael Antczak

mortgage-rates---interest-rates-48.jpg - Real Estate News

Canadian consumers can expect to feel some financial effects following the Bank of Canada's decision to raise the key interest rate.

... More


Banks quickly follow BoC with rate hikes

9/7/2017 | Posted in Mortgage Interest Rates by Michael Antczak

finance-market-growth-127.jpg - Real Estate News

Canada’s big banks were quick to announce increases to their prime lending rates to 3.2% Wednesday.

... More


Bank of Canada Raises Benchmark Rate to 1%

9/6/2017 | Posted in Mortgage Interest Rates by Michael Antczak

stephen-poloz-bank-of-canada-45.jpg - Real Estate News

The Bank of Canada forged ahead with another interest rate hike in a nod to the country’s surging economy, while signaling its appetite for further tightening may be ... More


Odds of a rate hike just went up as Canada's growth wows economists

9/1/2017 | Posted in Mortgage Interest Rates by Michael Antczak

business-meeting-notes-105.jpg - Real Estate News

The economy is growing at the fastest pace in 15 years and that has some analysts changing their calls for a Bank of Canada hike from October to next week.

... More


Interest rates to hit 1.75% by summer 2019

8/16/2017 | Posted in Mortgage Interest Rates by Michael Antczak

finance-market-growth-127.jpg - Real Estate News

The latest forecast from CIBC Capital Markets is for Canadian interest rates to increase again in December this year.

... More


Canada's economy accelerates, rate hike expectations grow

7/28/2017 | Posted in Mortgage Interest Rates by Michael Antczak

finance-market-growth-127.jpg - Real Estate News

Canada’s economy accelerated far more than expected in May amid growth in the energy and manufacturing sectors, pointing to solid momentum in the second quarter ... More


Now that the Bank of Canada has scratched the interest rate itch, get ready for more

7/24/2017 | Posted in Mortgage Interest Rates by Michael Antczak

stephen-poloz-bank-of-canada-45.jpg - Real Estate News

Many of the world's central bankers, including in Canada, had been stubbornly tied to low-for-longer interest-rate regimes following the recession. That time has ... More


Three big banks raise prime lending rates following rate hike from Bank of Canada

7/12/2017 | Posted in Mortgage Interest Rates by Michael Antczak

bank-of-canada-84.jpg - Real Estate News

Three of Canada's biggest banks are boosting their prime lending rates by 25 basis points, following an interest rate hike from the central bank.

... More


The Bank of Canada hikes rate for first time in seven years

7/12/2017 | Posted in Mortgage Interest Rates by Michael Antczak

Bank-of-Canada-4.jpg - Real Estate News

The Central Bank raised its new target for the overnight rate to ¾% today, citing a confident financial outlook and above-potential ... More


Proposed mortgage rules aim to reduce financial risk in Canada's hot housing markets

7/7/2017 | Posted in Mortgage News by Michael Antczak

mortgage-cloud-44.jpg - Real Estate News

New rules proposed by the federal government to curb financial risks associated with the country's hot housing markets could make it more difficult to secure a ... More


GDP Grows a Sixth Month, Adding to Canada Rate-Hike Pressure

6/30/2017 | Posted in Mortgage Interest Rates by Michael Antczak

condos-highrises-101.jpg - Real Estate News

Canada’s economy grew for a sixth consecutive month with gains in a majority of industries, underlining the central bank’s view a durable recovery from an oil shock ... More


Canada July Rate Hike Odds Jump After Poloz Restates Bias

6/28/2017 | Posted in Mortgage Interest Rates by Michael Antczak

finance-market-growth-127.jpg - Real Estate News

The Canadian dollar rallied to a four-month high and investors ramped up bets for a rate increase as early as next month after Bank of Canada Governor Stephen Poloz reiterated ... More


Homeowners worried over rate hike advised to lock in mortgages - experts

6/22/2017 | Posted in Mortgages and Real Estate by Michael Antczak

mortgage-cloud-44.jpg - Real Estate News

Homeowners with variable rate mortgages losing sleep over the increased chatter about a potential interest rate hike by the Bank of Canada should consider locking their rates ... More


U.S. Fed closing the door on low-rate mortgages in Canada

6/15/2017 | Posted in Mortgage Interest Rates by Michael Antczak

us--canada-121.jpg - Real Estate News

The U.S. Federal Reserve raised its trend-setting interest rate on Wednesday for the third time in six months to the highest level since the global financial crisis hit in the ... More


Canada's central bank acts to defuse housing market threat

6/15/2017 | Posted in Mortgage News by Michael Antczak

Bank-of-Canada-4.jpg - Real Estate News

Canada's central bank, which had long said interest rates are too blunt a tool to tackle the country's housing market, may have finally decided to act and at least ... More


Bank of Canada says next move likely an interest rate hike

6/12/2017 | Posted in Mortgage Interest Rates by Michael Antczak

bank-of-canada-84.jpg - Real Estate News

The Bank of Canada offered its strongest signal yet that it’s ready to raise interest rates as the economy gathers steam, in surprise comments that sent the Canadian ... More


Forecasting the next rate increase

6/12/2017 | Posted in Mortgage Interest Rates by Michael Antczak

business-meeting-notes-105.jpg - Real Estate News

The latest jobs performance could put pressure on the Bank of Canada to increase interest rates, according to one veteran.

... More


Bank of Canada maintains overnight rate target at 1/2 per cent

5/24/2017 | Posted in Mortgage Interest Rates by Michael Antczak

Bank-of-Canada-4.jpg - Real Estate News

The Bank of Canada is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.

... More


Mortgage rates continue to defy expectations as Trump runup fizzles

4/28/2017 | Posted in Mortgage Interest Rates by Michael Antczak

mortgage-cloud-44.jpg - Real Estate News

Here’s the least surprising news you’ll hear all day: Interest rates are not doing what most experts predicted.

... More


Bank of Canada maintains overnight rate target at 1/2 per cent

4/12/2017 | Posted in Mortgage Interest Rates by Michael Antczak

bank-of-canada-84.jpg - Real Estate News

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the ... More


US Federal Reserve hikes key interest rate to twice that of Canada's

3/15/2017 | Posted in Mortgage Interest Rates by Michael Antczak

us--canada-121.jpg - Real Estate News

The Federal Reserve has raised its benchmark interest rate for the second time in three months and signalled that any further hikes this year will be gradual. Higher rates ... More


Mortgage rates to remain low for the first half of 2017

2/24/2017 | Posted in Mortgage Interest Rates by Michael Antczak

marketing-analysys-104.jpg - Real Estate News

In the wake of its report on the unsustainability of the Canadian housing market, Fitch Ratings predicted that mortgage rates will remain at record-low levels for the first six ... More


Variable-rate mortgages becoming more important to the market

2/10/2017 | Posted in Mortgages and Real Estate by Michael Antczak

mortgage-cloud-44.jpg - Real Estate News

The gap between the number of borrowers going for fixed and variable rates has become larger recently, pointing to the increasingly important role that variable-rate mortgages ... More


FOR SELLERS
Are you thinking of selling your property
and would like to know how much it can sell for?
Click here to get your property appraised for FREE!
FOR BUYERS
Thinking of buying a home or investment property?
Sign-up for FREE to get immediate access to listings
in your desired area as soon as they hit the market!
PROPERTY SEARCH IN GTA
Are you thinking of buying your first property,
downsizing, or looking to upgrade to bigger and better?
Click here to search through thousands of listings!