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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, November 17, 2017

Interest rate rise in December? Here's what CIBC thinks

A growing consensus of analysts believe that the Bank of Canada has finished increasing interest rates for this year but early 2018 could bring another hike.

CIBC Capital Markets said in a note Thursday that there are “reasonable odds” on a January rate rise but it thinks this is unlikely for several key reasons.

Firstly, it will be early March before we know how well Canada’s economy performed in the final quarter of 2017 when GDP data is released. It will also be then before the NAFTA deal is clear.

For that reason the firm’s economists expect the next interest rate to be April 2018.

Assuming a 1.25% rate in the three months to June 2018, CIBC Capital Markets then forecasts a steady pace of increases; to 1.5% by the end of December 2018, and to 1.75% by the end of June 2019.

MBN

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