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Alberta
Garth Lyon Senior Mortgage Professional

Garth Lyon

Senior Mortgage Professional


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103, 901-8 Avenue, Canmore, Alberta

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Tempered Rate Hike Forecasts for 2019

12/11/2018

THINK OUTSIDE THE BOX: After 5 rate hikes within the last 15 months the Bank of Canada is expected to hold firm for the time being with no further increases expected until Spring 2019.

Floating-rate mortgage holders who had feared the Bank of Canada’s recent full-steam-ahead view towards continued rate hikes can take a breather—at least for now.

The central bank adopted a more dovish stance at yesterday’s rate hold announcement, which confirmed a growing chorus of analysts who now expect the bank to take a slower pace on future rate hikes. Click here to read article.

Steve Huebl Canadianmortgagetrends.com December 6, 2018

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