April 22, 2019
This week's Bank of Canada meeting includes an especially interesting subtext.
Posts from the ‘Monday Morning Mortgage Rate Updates’ Category
April 15, 2019
The recent lurching in Government of Canada bond yields may push our fixed mortgage rates higher over the short term.
April 8, 2019
Last week Bank of Canada (BoC) Governor Poloz threw cold water on growing speculation that the BoC’s next rate move will be a cut, but I was unconvinced.
April 1, 2019
Today's post explains how recent U.S. developments are helping to put downward pressure on Canadian bond yields, and by association, our mortgage rates.
March 25, 2019
Our federal government just released its 2019 budget, and it included several initiatives that were designed to improve housing affordability for Canadians. Today's post offers my take.
March 18, 2019
The Bank of Canada has become much more dovish of late, and given that, now seems like a good time to revisit the age-old fixed versus variable rate question.
March 11, 2019
Today’s post highlights from both of the Bank of Canada's communications last week and offers my take on the two key questions that matter most to fixed- and variable-rate mortgage borrowers: When will the Bank move its policy rate next? Will its next move be up or down?
March 4, 2019
If the Bank of Canada is “decidedly data dependant” as it claims, then it should end speculation about near-term rate hikes when it meets this Wednesday.