Posts from the ‘Monday Morning Mortgage Rate Updates’ Category

Why the Latest U.S. Employment Data Should Put an End to Speculation About Imminent U.S. Rate Increases - Monday Morning Interest Rate Update (June 6, 2016)

Why the Bank of Canada Punted With Its Latest Policy Statement

All Eyes on the Bank of Canada This Week - Tuesday Morning Interest Rate Update (May 24, 2016)

How China’s Future Might Affect Our Economy and Mortgage Rates - Monday Morning Interest Rate Update (May 16, 2016)

How The Loonie’s Value Affects Your Mortgage Rates - Monday Morning Interest Rate Update (May 9, 2016)

What the U.S Federal Reserve’s Continued Caution Means For Canadian Mortgage Rates - Monday Morning Interest Rate Update (May 2, 2016)

Last week was a slow one for economic news but we did receive our latest inflation data, for March. Statistics Canada confirmed that overall inflation, as measured by our Consumer Price Index (CPI), rose by 1.3% last month, which was a little less than our 1.4% rate in February but slightly above the 1.2% rate that the consensus had been expecting. The most noteworthy detail in our latest CPI data showed that gasoline prices fell by 13.6% versus where they were last year. We saw price rises in six of the eight major categories that Stats Can tracks, and core inflation, which strips out more volatile CPI inputs like food and energy, rose by 2.1% in March (up from 1.9% in February). When the Bank of Canada (BoC) […]