Vanguard Realty

Impact of tighter rules, interest rates greater than anticipated

2/1/2019 | Posted in Canadian Housing Market by Vanguard Realty
SHARE

The Bank of Canada has admitted that the economic impact of strict mortgage regulations, local housing restrictions, and the upward trend in interest rates was more serious than ... More

Bank of Canada, Canada Real Estate, Interest Rates, Real Estate Market, Stress Test

More Canadians say they are at risk of insolvency

1/22/2019 | Posted in Financial Health by Vanguard Realty
SHARE

An increasing number of Canadians say they are concerned about their debts and are edging towards insolvency. ... More

Household Debt, Interest Rates, NonMortgage Debt, Personal Finance

Lower mortgage rates won't do much for Toronto homebuyers

1/22/2019 | Posted in Mortgages and Real Estate by Vanguard Realty
SHARE

Those in the market for a Toronto home shouldn’t get too excited about the prospect of lower mortgage rates, says one economist. ... More

Condo Prices Toronto, Condo Sales Toronto, Home Sales Toronto, House Prices Toronto, Interest Rates, Real Estate Investments, Real Estate Investors, Toronto Condo Market, Toronto Real Estate, Toronto Rental Market, Toronto Residential

Poloz buys borrowers more time but punishes savers

1/16/2019 | Posted in Interest Rates by Vanguard Realty
SHARE

What the Bank of Canada's decision to hold its key rate means for borrowers and savers. ... More

Bank of Canada, Bank of Canada Benchmark Rate, Household Debt, Interest Rates, Mortgage Consumers, NonMortgage Debt, Savings

Bank of Canada announces interest rate decision

1/9/2019 | Posted in Mortgage Interest Rates by Vanguard Realty
SHARE

The Bank of Canada left its trend-setting interest rate unchanged at 1.75% on Wednesday as the sharp decline in oil prices temporarily dims its economic outlook for the coming ... More

Bank of Canada, Bank of Canada Benchmark Rate, Interest Rates

More people are going broke in Canada as interest rates rise

1/9/2019 | Posted in Financial Health by Vanguard Realty
SHARE

It's a worrying sign for an economy that has relied so heavily on consumer spending and the housing market to drive growth. ... More

Bankruptcy, Consumer Confidence, Consumer Spending, Finance, Household Debt, Interest Rates, NonMortgage Debt, Personal Finance

Economists renew prediction for lower interest rates for Canada in 2019

1/5/2019 | Posted in Canadian Economy and Interest Rates by Vanguard Realty
SHARE

Ahead of the Bank of Canada’s first policy meeting of the year, scheduled for next week, Capital Economics is back at it again. ... More

Bank of Canada, Bank of Canada Benchmark Rate, Canada, Canadian Housing Market, Economic Growth, Interest Rates

High debt levels, rising interest rates among challenges for 2019

12/19/2018 | Posted in Canadian Economy and Housing Market by Vanguard Realty
SHARE

Canada’s economy will slow down in 2019 with consumer spending impacted by weaker employment, cooling house prices, high levels of debt, and rising interest rates. ... More

Canada, Consumer Spending, Economic Growth, Household Debt, Interest Rates

CMHC issues warning

12/17/2018 | Posted in Canadian Economy and Housing Market by Vanguard Realty
SHARE

The prospect of interest rate hikes is particularly daunting for residents of Toronto and Vancouver—two cities with debt levels well above the national average. ... More

Canada Mortgage and Housing Corporation, CMHC, Household Debt, Interest Rates, Mortgage Consumers, Mortgages & Real Estate, NonMortgage Debt, Toronto, Unsustainable Price Growth, Vancouver, Variable Rate Mortgages

Bank of Canada makes key interest rate announcement

12/5/2018 | Posted in Canadian Economy and Interest Rates by Vanguard Realty
SHARE

The Bank of Canada is leaving its key interest rate unchanged. ... More

Bank of Canada, Bank of Canada Benchmark Rate, Household Debt, Interest Rates, Variable Rate Mortgages

Rate rises may be reshaped by oil production cuts says CIBC

12/4/2018 | Posted in Canadian Economy and Interest Rates by Vanguard Realty
SHARE

The Bank of Canada will announce its December interest rates decision Wednesday and few are expecting a Grinch-like pre-Christmas shock. ... More

Bank of Canada, Bank of Canada Benchmark Rate, Economic Growth, Fixed Rate Mortgages, Interest Rates, Mortgage Rates Canada, Variable Rate Mortgages

Landing zone for rising interest rates 'sufficiently uncertain': Poloz

11/7/2018 | Posted in Mortgage Interest Rates by Vanguard Realty
SHARE

Bank of Canada governor Stephen Poloz says the eventual destination range for his key interest rate target — estimated by his team at between 2.5 and 3.5 ... More

Bank of Canada, Bank of Canada Benchmark Rate, Economic Growth, Household Debt, Interest Rates

Canadians should get used to idea of 3% interest rates

10/31/2018 | Posted in Mortgages and Real Estate by Vanguard Realty
SHARE

Bank of Canada governor Stephen Poloz wants Canadians to get used to the idea of three per cent interest rates as the new normal, now that the era of rock-bottom ... More

Bank of Canada, Bank of Canada Benchmark Rate, Household Debt, Interest Rates, Mortgage Rates Canada, Mortgages & Real Estate, NonMortgage Debt, Variable Rate Mortgages

Bank Of Canada Interest Rate Hikes Will Cost Canadian Households $2,500 A Year

10/30/2018 | Posted in Canadian Economy and Housing Market by Vanguard Realty
SHARE

Consumer spending is expected to slow as Canadians spend more on the interest on their debt. ... More

Bank of Canada, Bank of Canada Benchmark Rate, Consumer Spending, Household Debt, Interest Rates, Mortgage Consumers, Mortgage Rates Canada, Mortgages & Real Estate, NonMortgage Debt, Variable Rate Mortgages

Bank of Canada raises interest rate to 1.75%

10/24/2018 | Posted in Mortgages and Real Estate by Vanguard Realty
SHARE

CIBC, TD, Royal Bank and BMO all hike their prime rates too ... More

Bank of Canada, Bank of Canada Benchmark Rate, Home Buyers, Household Debt, Interest Rates, Mortgage Rates Canada, NonMortgage Debt, Variable Rate Mortgages

Pace of interest rate hikes seen picking up with trade deal in hand

10/2/2018 | Posted in Mortgage Interest Rates by Vanguard Realty
SHARE

The new North American trade deal struck on Sunday may open the door for the Bank of Canada to pick up the pace of interest rates hikes, according to economists at some of the ... More

Bank of Canada, Bank of Canada Benchmark Rate, Household Debt, Interest Rates, Mortgage Rates Canada, NonMortgage Debt, USMCA, Variable Rate Mortgages

Canadian borrowers will feel this week's U.S. interest rate hike

9/24/2018 | Posted in Mortgage Interest Rates by Vanguard Realty
SHARE

The world's biggest central bank is expected to raise rates this week - and then keep raising them ... More

Bank of Canada Benchmark Rate, Canada Real Estate, Home Buyers, Household Debt, Interest Rates, Mortgage Rates Canada, NonMortgage Debt, Variable Rate Mortgages

Debt continues surging

9/18/2018 | Posted in Financial Health by Vanguard Realty
SHARE

Data showing that interest rates are rising faster than income provide a wake-up call to Canadian consumers who are taking on unsustainable amounts of debt. ... More

Canada, Household Debt, Interest Rates, NonMortgage Debt

CIBC hikes interest rate

5/1/2018 | Posted in Home Buyers by Vanguard Realty
SHARE

The Canadian Imperial Bank of Commerce says it will raise its five-year fixed-rate mortgage rate Tuesday by 15 basis points. ... More

Big Six, First Time Home Buyers, Home Buyers, Interest Rates, Stress Test

Mortgage interest costs see biggest growth since 2009

4/27/2018 | Posted in Mortgages and Real Estate by Vanguard Realty
SHARE

Latest data from Statistics Canada showed that mortgage interest costs increased by 2.8% in March, representing the biggest rise since April 2009. ... More

Bank of Canada Benchmark Rate, Interest Rates, Mortgage Consumers, Mortgage Market, Mortgage Rates, Mortgages & Real Estate, Statistics Canada

Bank of Canada makes interest rate announcement

4/18/2018 | Posted in Mortgage Interest Rates by Vanguard Realty
SHARE

The Bank of Canada is maintaining its trend-setting interest rate as its careful assessment of the timing of future hikes continues amid a backdrop of moderating growth. ... More

Bank of Canada, Bank of Canada Benchmark Rate, Canada, Household Debt, Interest Rates, Mortgage Consumers, NonMortgage Debt, Variable Rate Mortgages

Higher rates putting greater pressure on indebted Canadians

4/17/2018 | Posted in Financial Health by Vanguard Realty
SHARE

Upward trend in rates would negatively impact Canadians' ability to service their debts. ... More

Canada, Household Debt, Interest Rates, Mortgage Consumers, Mortgage Rates Canada, Mortgage Refinancing, NonMortgage Debt, Variable Rate Mortgages

Interest rates to hit 1.75% by summer 2019

8/16/2017 | Posted in Mortgage Interest Rates by Vanguard Realty
SHARE

The latest forecast from CIBC Capital Markets is for Canadian interest rates to increase again in December this year. ... More

Bank of Canada Benchmark Rate, Canada, Interest Rates, Mortgage Consumers, Mortgage Industry, Mortgage Rates, Mortgage Rates Canada, Mortgage Trends, Variable Rate Mortgages

Household debt could hit unprecedented levels in 4 years

6/23/2017 | Posted in Financial Health by Vanguard Realty
SHARE

Canadian household debt is rising and is set to keep rising despite expected increases in interest rates; and that worries the Parliamentary Budget Officer. ... More

Household Debt, Interest Rates, Personal Finance

To Prospective Clients

At Vanguard Realty, we look forward to demonstrating our passion for our industry and superior level of excellence in selling, leasing and marketing your properties. Fill out the form below and we'll get back to you promptly.

Security Question: 12 + 8 =

Blog

To Prospective Clients