October 7, 2024 Last updated on October 7, 2024Categories Monday Morning Mortgage Rate UpdatesBond Yields Take a U-Turn. Are Canadian Fixed Mortgage Rates Next?Last week provided a reminder of why bond yields and mortgage rates are so difficult to forecast.
September 30, 2024 Last updated on September 30, 2024Categories Monday Morning Mortgage Rate Updates Mortgage Rule ChangesA Mortgage Stress-Test Change at LastLast week brought a long overdue mortgage-rule change that will help renewing mortgage borrowers access better rates.
September 23, 2024 Last updated on September 23, 2024Categories Monday Morning Mortgage Rate UpdatesA Smorgasbord of Good News for Canadian Mortgage BorrowersWhat a week! Canadian inflation returned to 2%, the US Fed slashed its policy rate by 0.50%, and our federal government announced sweeping mortgage rule changes.
September 16, 2024 Last updated on September 16, 2024Categories Monday Morning Mortgage Rate UpdatesHow Low Will the US Fed Go This Wednesday?Today’s post offers my take on whether the US Fed will cut its policy rate by 0.25% or 0.50% when it meets this Wednesday.
September 9, 2024 Last updated on September 9, 2024Categories Monday Morning Mortgage Rate UpdatesThoughts on the Bank of Canada’s Most Recent Rate Cut and CommentaryToday's post provides five quick thoughts on the Bank of Canada's latest rate cut and accompanying commentary.
September 3, 2024 Last updated on September 3, 2024Categories Monday Morning Mortgage Rate UpdatesWhy the Bank of Canada Should Cut by 0.50% This WeekThe Bank of Canada probably won’t cut by 0.50% this Wednesday, but I think they will wish they had when all is said and done.
August 26, 2024 Last updated on August 26, 2024Categories Monday Morning Mortgage Rate UpdatesCanadian Inflation Falls and the US Fed PivotsLast week included key developments on both sides of the 49th parallel that will impact fixed and variable Canadian mortgage rates going forward.
August 19, 2024 Last updated on August 19, 2024Categories Monday Morning Mortgage Rate UpdatesHow the Latest US Economic Data Have Impacted Fed Rate Cut ProspectsThe latest US economic data have US bond-market investors paring back their bets on a 0.50% rate cut by the US Federal Reserve at its next meeting.