Rising mortgage interest rates hurt everyone. Louise and Julien are no exception and fear that they will not be able to maintain the family residence. The couple purchased their home in the summer of 2021 for $440,000. They were able to make a good down payment and their mortgage is now $401,000. Yes, but here …
Your property at risk from rising interest rates Read More »
A construction contractor considering suspending projects due to rising interest rates understands the concern of buyers who are stuck paying the bill. • Read also: Construction is slowing down and that bodes badly • Read also: Rising interest rates: a source of stress for new homeowners “The more I increase my costs, the more difficult …
Interest Rates: A “Perfect Storm” in Real Estate, Believe a Construction Entrepreneur Read More »
Every Saturday, one of our journalists answers, in the company of experts, one of your questions about economy, finance, markets, etc. Posted at 8:00 a.m. Other than savers, who benefits from high interest rates? C. Rivet To adequately answer this question, Press He called Nathalie Elgrally, a senior economist at the Montreal Economic Institute and …
Demystifying the economy | Who benefits from high interest rates? Read More »
(Ottawa) As warnings of a possible recession mount, the Bank of Canada is expected to announce another major rate hike next Wednesday. Posted at 6:14 am Nojoud Al Mallées the canadian press Royal Bank of Canada Chief Economist Nathan Janzen expects the Bank of Canada to choose between raising its key interest rate by half …
inflation | The Bank of Canada is expected to raise rates again on Wednesday Read More »
(Photo: 123RF) MARKET REVIEW. The New York Stock Exchange closed the week at half-staff, given the tension in bond rates, the rise in the dollar and the price of oil. Canada’s main stock index fell on Friday, part of a broader pullback that also hit US markets and saw heavy losses across the technology and …
Stock market: Wall Street closes the week at half-staff due to tension in interest rates Read More »
The US central bank, the Fed, still hopes to be able to curb inflation without triggering a recession. It should carry out a fourth strong hike in its reference rates on Wednesday, but finding the right balance will be a high-flying exercise. • Read also: Wall Street closes lower, disappointed by results and poor indicators …
Towards a sharp fourth hike in Fed interest rates this week Read More »
The Dow Jones lost 2.79% to 30,517.06 points, the tech-influenced NASDAQ index fell 4.68% to 10,809.22 points, while the broader S&P 500 index fell 3.87% to 3,749. .91 points. The S&P 500, considered the most representative index on Wall Street, has entered a “bear market” (bear marketin English), which means that it has lost more …
Wall Street Crashes, Inflation and Rising Rates Scare Off Investors Read More »
Ottawa’s decision to uphold a controversial CRTC ruling is a missed opportunity for some, but “good news” for others. The Trudeau government ultimately failed to come to the rescue of independent providers by ordering a drop in wholesale Internet rates. But by asking to prioritize competition, innovation and affordability over mere market forces, he gave …
Wholesale Internet Rates | Many independent actors “are at risk of dying” Read More »
