Tag: mortgage rates
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![How will the Stock Market Perform in 2024?]()
How will the Stock Market Perform in 2024?
We are nearing the time of year when investors attempt to look ahead to safe guard or grow their holdings, so the question on everyone’s mind is how will the stock market perform in 2024. Are we in for another bullish run or is it time for an abrupt correction? How will either affect your…
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![Adjusting to New Norms: Interest Rates and Affordability Reshape the Canadian Housing Market]()
Adjusting to New Norms: Interest Rates and Affordability Reshape the Canadian Housing Market
The Canadian housing market is facing a multifaceted set of challenges that have seen a significant impact on pricing, sales activity, and overall market health. A report from Century 21 Canada highlighted that the country experienced a slight drop in prices due to the Bank of Canada’s interest rate hikes, aimed at fighting inflation. Big…
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![The European Central Bank is back to positive rates!]()
The European Central Bank is back to positive rates!
As we continue the month of central banks, we have seen Australia and Canada raise interest rates, and now Europe joins the party. The European Central Bank (ECB) announced a 75 basis point interest rate hike, taking its benchmark deposit rate to 0.75%. This 75 basis point hike was already priced in as the markets…
