The Outline

 

Rate Update: Bank of Canada Increases Overnight Rate to 1.50%

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The Bank of Canada today increased its target for the overnight rate to 1 ½ per cent. The Bank Rate is correspondingly 1 ¾ per cent and the deposit rate is 1 ¼ per cent. The Bank expects the global economy to grow by about 3 ¾ per cent…

Gallery: 2018 Condo Market Outlook Event

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Thank you to everyone that joined us for our 4th annual Condo Market Outlook Event.  Please enjoy the pictures, and also be sure to check out the video recap in an upcoming post.

Group Life Insurance - Only Part of The Solution

Ownership of individual life insurance at its lowest level in 30 years: The Life Insurance and Market Research Association (LIMRA) 2013 study shines a light on a developing problem for Canadian households: Individual ownership of…

March 2018 - TREB Stats and Commentary

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In an effort to assist our realtors and clients gain further insight into the Toronto real estate market data, we have accumulated a database of TREB results on a monthly basis for the past 10 years (sales, avg price, new listings &…

2018 CMHC Prospective Home Buyers Survey

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In preparation for its 2018 Home Buyers Survey, CMHC surveyed 2,507 prospective home buyers on-line. Respondents were all prime household decision-makers who intend to purchase a new home within the next two years, including approximately 1,500…

Is the floor about to fall out of the Toronto housing market? Things may not be what they seem.

Written by: Outline Financial / Jan 30, 2018 For at least the last half decade, some economists and real estate analysts have predicted a crash in Toronto’s housing market. Minor, recent dips aside, it’s yet to happen. Now, those same…

Bank of Canada Increases Overnight Rate to 1.25%

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Jan 17, 2018 - The Bank of Canada today increased its target for the overnight rate to 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per cent. Recent data have been strong, inflation is close to…

Major Policy Change - another day, another mortgage change...and this one's BIG!

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While the details are still trickling in, the Office of the Superintendent of Financial Institutions (OSFI) has once again used its powers to tighten mortgage qualification rules.  These changes could be effective as early as today…