Will a Fed Rate Cut Lead to Lower Mortgage Rates in 2025? A Potential Boost for Homebuyers With the Federal Reserve widely expected to cut its benchmark interest rate in September 2025, many Americans are wondering whether this will translate into lower mortgage rates, easing the burden of homeownership in a high-rate environment. While a … Read more
CIBC Sees Earnings Growth Despite Rising Mortgage Delinquencies in Toronto and Vancouver A Strong Quarter Clouded by Housing Market Stress Canadian Imperial Bank of Commerce (CIBC) reported a robust increase in third-quarter earnings for 2025, driven by strong performance in its capital markets and personal banking segments. However, rising mortgage delinquencies in the Greater Toronto … Read more
Canada’s Labour Productivity Drops 1% in Q2 2025, Steepest Decline Since 2022 A Sharp Setback for Economic Growth Canada’s economy took a hit as labour productivity fell 1.0% in the second quarter of 2025, marking the largest quarterly decline since Q4 2022 (-1.1%), according to Statistics Canada. This drop, reported on September 3, 2025, underscores … Read more
U.S. customers considerably decreased spending at retailers in Might 2025, with retail gross sales rising solely 0.1% month-over-month, a pointy slowdown from the 0.7% improve in April, in line with the Commerce Division. Core retail gross sales, excluding fuel and autos, fell 0.2%, signaling rising shopper warning amid fears of escalating commerce wars. The College … Read more