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What's next for borrowers if the Bank of Canada continues hiking rates?

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25 January 2023

Top news What's next for borrowers if the Bank of Canada continues hiking rates? Borrowing costs could be set to creep upwards again for many Canadians at the beginning of 2023 How Citadel Mortgages is ramping up for growth in 2023 Expansion of its lender product, a strong tech focus, and agent incentives are top priorities for the year ahead For a limited time only, help yourself to an extra 15 BPS on 3 Year terms! We're offering 90 BPS compensation for all 3 Year mortgage applications submitted between now and February 3, 2023. Get in touch with your BDM for more information, or click here to subscribe for future updates Community Trust RBC CEO on the odds of a Canada recession He outlines the various pressures on the Canadian economy Bank of Canada sets sights on final rate increase A pause looks set to follow How was the GTA housing market's performance in 2022? New report highlights market's struggles Where are mortgage rates heading over the next year? Economists share their hopes and fears for Canadian rates How positive are Canadians about real estate valuations? New poll reveals Canadians' sentiments towards real estate International news Cladding issues – progress comes with a caveat Borrowers must prove cladding issues are being corrected Suburban property market values are falling Downswing widespread, CoreLogic report reveals Fed rate hikes: How high will they go? Industry veteran sees smaller increments this year as inflation eases Home prices tumble nationwide – reaction pours in Buyers retract from market in droves

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