August 19, 2019
Global bond yields continued to plummet last week and Denmark launched the first negative interest rate mortgage. In today's post I explain how this will likely impact the Bank of Canada's thinking.
Blog
Welcome to Canada's Premier Mortgage Blog
August 12, 2019
The Bank of Canada has reasons to cut its policy rate at its next meeting that go well beyond what the U.S. Federal Reserve is doing.
August 6, 2019
The U.S. Federal Reserve dropped its policy rate by 0.25% last week but financial markets reacted as if the Fed had raised instead. Today's post explains why.
July 29, 2019
Today a staggering amount of bonds trade at negative yields. This prompts the question: Will mortgages ever be offered at negative interest rates?
July 22, 2019
In today’s post I offer a quick review of how the MQR works and highlight some fundamental and persistent design flaws in this critically important benchmark.
July 15, 2019
Last week the Bank of Canada offered a somewhat surprising assessment of our recent run of stronger than expected data. In today's post I explain why.
July 8, 2019
The Loonie provides our economy with a powerful shock absorber, but it also limits the Bank of Canada's monetary-policy flexibility.
June 24, 2019
The U.S. Fed is expected to start cutting its policy rate next month. How will the Bank of Canada respond now that Canadian inflation has risen above its 2% target?