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Bank of Canada’s Mortgage Buying Is A Quarter The Size of New Mortgage Credit

Canada’s central bank is using billions to flood the mortgage market with cheap money. It hasn’t been very effective, considering the scale of the purchase. Bank of Canada (BoC) data shows a big mortgage bond buying spree since the beginning of the pandemic. The dollar value of the bond buying was known, but we’re only […]

The post Bank of Canada’s Mortgage Buying Is A Quarter The Size of New Mortgage Credit appeared first on Better Dwelling.

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