Here are my thoughts on five of the Bank of Canada's key messages from last week that are noteworthy for anyone keeping an eye on Canadian mortgage rates.
Every forecast concedes that the path of the virus will determine the fate of all else, before then assuming that it will be brought to heel. But what if it isn’t?
Today's post challenges the notions that the pandemic will end some time in 2021 and that mortgage rates will move higher soon in anticipation of that outcome.