Mortgage Logic

prediction

Bank Rate Watch: What Will the Bank of Canada decide?

The Bank of Canada is concerned about the strong Canadian dollar affecting the pricing of goods and services to export customers.  The U.S. economy remains sluggish and foreclosures of residential properties there remain very high.  Economist generally believe that a consumer led expansion will be the only true way out of recession in the U.S.  …

Bank Rate Watch: What Will the Bank of Canada decide? Read More »

Tal Talks Recovery, Dismisses Housing Bubble at CAAMP Session

Benjamin Tal kept an optimistic tone during his talk at the annual CAAMP conference, saying the recession is over, business bankruptcies are down, and key interest rates in Canada could remain low well into next year depending on when U.S. rates rise. “In Canada, there was no need to print money for stimulus during the …

Tal Talks Recovery, Dismisses Housing Bubble at CAAMP Session Read More »