The market now believes that the likelihood of a rate hike on July 12^th is 22%, down from 35% before the inflation numbers were released last week. In these newsletters we try to predict what the Bank of Canada (BoC) will do and how it will affect your mortgage. Over the past 14 years we have been incredibly successful at guiding Canadians with our sound, unbiased advice. We base our advice on the economic indicators we feel are most relevant to the Bank of Canada’s upcoming actions and on what the Bank of Canada tells us in their press releases and meetings.

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