Comments on: If Canada Skips The Rate Hike It’s Due To Ukraine, Not The Economy: National Bank https://betterdwelling.com/if-canada-skips-the-rate-hike-its-due-to-ukraine-not-the-economy-national-bank/ Canada’s Fastest Growing Real Estate News Source Sun, 30 Jan 2022 13:22:29 +0000 hourly 1 By: Gen Z https://betterdwelling.com/if-canada-skips-the-rate-hike-its-due-to-ukraine-not-the-economy-national-bank/#comment-79833 Sun, 30 Jan 2022 13:22:29 +0000 https://betterdwelling.com/?p=19473#comment-79833 Hike interest rates already. COVID should have reset the economy long ago.
It makes no sense that Canada has so much land, yet young people are living like cage dwellers in Hong Kong while paying Manhattan prices.
Then you have the widowed living in an entire home and refusing to downsize just to get more cash to retire in Thailand or SEA and cause push inflation to the locals there.

]]> By: Kate https://betterdwelling.com/if-canada-skips-the-rate-hike-its-due-to-ukraine-not-the-economy-national-bank/#comment-79677 Wed, 26 Jan 2022 16:32:03 +0000 https://betterdwelling.com/?p=19473#comment-79677 No hikes, just inflation and it have been confirm today by BoC by not changing the rate.

]]> By: Ike https://betterdwelling.com/if-canada-skips-the-rate-hike-its-due-to-ukraine-not-the-economy-national-bank/#comment-79648 Wed, 26 Jan 2022 02:38:38 +0000 https://betterdwelling.com/?p=19473#comment-79648 Great move to reduce the buying power of house-seekers in an already unaffordable market

]]> By: mara https://betterdwelling.com/if-canada-skips-the-rate-hike-its-due-to-ukraine-not-the-economy-national-bank/#comment-79636 Tue, 25 Jan 2022 17:20:51 +0000 https://betterdwelling.com/?p=19473#comment-79636 All developed countries have the same issue: high inflation, low mortgage rates.
Here is one of my readings. Source: Le Figaro France
Interest rates in France these days: 20 years mortgage and 15 years mortgage. Range: 0,6 % to 1, 04%.

On peut aujourd’hui s’endetter sur 20 ans, en France, entre 0,7% et 1,04% selon la qualité du dossier présenté à la banque. Sur 15 ans, il est même possible d’obtenir un taux compris entre 0,6 % et 0,91%.

]]> By: Doomcouver https://betterdwelling.com/if-canada-skips-the-rate-hike-its-due-to-ukraine-not-the-economy-national-bank/#comment-79611 Mon, 24 Jan 2022 22:17:18 +0000 https://betterdwelling.com/?p=19473#comment-79611 In reply to Rick.

The BoC will make any excuse to delay the inevitable asset deflation death-spiral.

]]> By: Scott https://betterdwelling.com/if-canada-skips-the-rate-hike-its-due-to-ukraine-not-the-economy-national-bank/#comment-79610 Mon, 24 Jan 2022 21:29:38 +0000 https://betterdwelling.com/?p=19473#comment-79610 Too bad he already used his “get re-elected for free” card… I thought climate change was helping keep the rates low…

]]> By: Rick https://betterdwelling.com/if-canada-skips-the-rate-hike-its-due-to-ukraine-not-the-economy-national-bank/#comment-79609 Mon, 24 Jan 2022 20:37:45 +0000 https://betterdwelling.com/?p=19473#comment-79609 In reply to Omar.

Because of Ukraine
LMAO

]]> By: Omar https://betterdwelling.com/if-canada-skips-the-rate-hike-its-due-to-ukraine-not-the-economy-national-bank/#comment-79604 Mon, 24 Jan 2022 19:02:22 +0000 https://betterdwelling.com/?p=19473#comment-79604 Any excuse to not raise rates are going to be considered. It would have been the food shortage if it wasn’t the Ukraine.

This government has no idea how to spend within its means, because it only wins by promising a small portion of the population more debt-funded handouts.

]]>