Posts from the ‘Monday Morning Mortgage Rate Updates’ Category

Today's post looks at the impact that ongoing NAFTA uncertainty has had on Canadian mortgage rates, and explores its potential impact going forward.

Anyone keeping an eye on Canadian mortgage rates will want to consider these five key questions in the months ahead.

Last week’s banner headline jobs number should have sent the five-year Government of Canada bond yield soaring, but it actually closed slightly lower on Friday. This week's post explains why.

Today's post summarizes five news items from last week that should be of interest to anyone keeping an eye on Canadian mortgage rates.

In today's post I explain how the U.S. economy's current growth surge may be raising the odds of a Bank of Canada rate hike a little farther down the road.

Last Friday we learned that Canadian inflation increased by 2.5% in June. The consensus predicted that higher rates are on the way ... but are they really?

The Bank of Canada raised its overnight rate again last Wednesday despite significant uncertainty about our economy's near-term prospects. Today's post offers my take.

It is widely expected that the Bank of Canada (BoC) will raise its overnight rate by another 0.25% when it meets this week, and if it does, lenders will pass that increase on to variable-rate mortgage borrowers in short order. The Bank signaled its plans when it made its most recent policy announcement on May 30, and it has appeared largely unmoved by the U.S.- initiated trade war that began almost immediately afterward or by the steady string of weaker-than-expected economic data that we have seen since. With the Bank’s next rate hike now a seemingly foregone conclusion after BoC Governor Poloz’s speech last week, the most important question remaining to be answered is whether additional rate hikes are looming on the near horizon. Variable-rate borrowers who are […]