Browsing Tag:Start

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Expectations for an initial rate hike rose in April as inflation concerns mount and supply disruptions persist.Almost half of Canadian companies (45%) expect inflation to reach 3% next year, according to the Bank of Canada's business outlook survey published on Monday. Another 42% of companies expect inflation of 2-3%, while only 10% expect inflation between 1% and 2%.Inflation...
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Prices for fall 2021 and beyondIndustry experts predict some sharp fluctuations in mortgage rates between now and the end of the year. Fannie Mae predicts the 30-year fixed-rate mortgage will average 3 percent by the end of 2021, which is close to Freddie Mac's forecast of 3.1 percent. The Mortgage Bankers Association predicts an average interest rate...
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Readers of our Swap Rate Charts will have noticed some big changes in the last week, especially the surprisingly big ones Q1-2021 GDP result was published.This week, one-year swap rates rose +8 basis points to their highest level since April 2020.This week, the two-year swap rates rose +16 basis points to their highest level since March 2020.Given that rising...
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