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    Bank of Canada Prepared to Raise Interest Rates “Forcefully”

    The goal of the BoC is to ensure that they can control the high inflation in the country, and this is currently their top priority.

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    Why Variable-Rate Offerings Are Still a Strong Choice

    With further rate hikes on the way, many Canadians have concerned whether the benefits of variable mortgage will be diminished.

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    Economic Factors Affecting Rate Forecasts

    The persistent inflation is changing rate forecasts weekly and forecasting interest rates in such circumstances does not provide conclusive results

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    Rental Prices Are Increasing

    The average monthly rent calculated was $2,044 for one-bedroom, and the average two-bedroom costing $2,778.

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    Inflation Is Increasing, Will Interest Rates Increase as Well?

    During the pandemic, the dominant theme of economic recovery has been inflation and we are expecting interest rates to increase this month

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