Canadian Consumer Price Inflation But No Increase In Interest Rates!

First Time Buyers - 90% Understand Their Mortgage

First Time Buyers understand the implications of their mortgage. According to a recent CMHC survey, First Time Buyers are keen to educate themselves about mortgage before setting out to buy their first homeand 90% of them feel they understand.

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Canadian consumer price inflation edged up to 3.2% in September but don't expect the Bank of Canada to go on an inflation fighting rampage and increase interest rates in response. With all of the risks out there in the global economy Mark Carney will play it safe with low interest rates until he is sure the Canadian and world economies are solidly on track again.