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GTA, Ontario, Canada
A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Friday, September 22, 2017

CIBC holds firm on interest rate prediction

One of Canada’s largest mortgage lenders says that the Bank of Canada is in no hurry to make another increase in interest rates.

CIBC said Thursday that it is holding firm on its prediction that Governor Stephen Poloz will not make another increase until spring 2018 despite some strong economic indicators.

The bank’s Capital Markets division says that the BoC needs the Fed to make its next interest rate move first to avoid further appreciation of the Canadian dollar, which the report says is unsustainable at current levels.

CIBC Capital Markets forecasts a 1% rate to remain until June 2018 when it will rise to 1.25% with a further 25 basis points rise to 1.50% in December 2018 and then to 1.75% in June 2019.

MBN

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