In keeping with tradition, my first post in 2024 will offer some thoughts on the year ahead - but before I jump in, let’s take a quick look at how my 2023 prognostications turned out.
Today's post highlights the surprisingly dovish commentary from the US Federal Reserve last week, and explains why it will soon leader to lower Canadian fixed mortgage rates.
Today's post explains why the last week's GDP and employment data bolstered the view that rates have peaked, and outlines why variable mortgage rates are worth a fresh look.