June 12, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesThe Reinvigorated Real-Estate Sector Compelled the Bank of Canada to HikeIn today’s post I offer my take on the Bank of Canada’s surprise rate hike last week.
June 5, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesWill the Bank of Canada Hike This Week?A lot of market watchers suddenly seem to think the BoC is going to hike its policy rate this Wednesday. Today's post offers my take.
May 29, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesMonday Mortgage Interest Rate UpdateI was away on vacation this past weekend. Here are a few links to some of my most popular recent posts.
May 23, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesCanadian Inflation Re-accelerates and Mortgage Rates RiseI thought the bond market's rate cut bets were too aggressive, and today's post explains why I believe that new rate-hike warnings are a similar over-reaction.
May 15, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesWhy I’m Still Not Buying the Bond Market’s Rate Cut BetsIn today's post I analyze the latest US inflation data and explain why I think the bets on future Fed and BoC rate cuts are still too optimistic.
May 8, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesWhat the US Fed’s Pause Will Mean for Canadian Mortgage RatesThe US Federal Reserve now appears to be on pause, and in today's post I outline the implications for Canadian mortgage rates.
May 1, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesShould Canadians Reconsider a Variable-Rate Mortgage?In today's post I offer my take on whether Canadians should be reconsidering the variable-rate mortgage now that our economic momentum is slowing.
April 24, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesIs the Bank of Canada Painting Itself into a Corner?In today's post I explain why the Bank of Canada's current inflation stance will limit its options rate if rate hikes have more impact than expected.