December 11, 2023 Last updated on December 11, 2023Categories Monday Morning Mortgage Rate UpdatesFive Key Take-Aways from the Bank of Canada’s Latest Policy-Rate DecisionIn today’s post I offer highlights from the BoC’s latest rate decision and explain why rate cuts may arrive sooner, and be deeper, than expected.
November 13, 2023 Last updated on November 13, 2023Categories Monday Morning Mortgage Rate UpdatesCanadian Fixed Mortgage Rates Fell (But by Less Than Expected)Today's post highlights the tug of war between bond markets and our central bankers and explains how it is impacting our mortgage rates.
November 6, 2023 Last updated on November 12, 2023Categories Monday Morning Mortgage Rate UpdatesCanadian Fixed Mortgage Rates (Finally) FallingToday post covers the Fed hawkish hold, the latest US and Canadian economic data releases, and some refreshingly candid comments from the Bank of Canada.
October 30, 2023 Last updated on October 30, 2023Categories Monday Morning Mortgage Rate UpdatesMortgage-Rate Update: What to Make of the Bank of Canada’s Hawkish HoldHere are my five key takeaways from the Bank of Canada's latest rate decision and related communications.
September 11, 2023 Last updated on September 11, 2023Categories Monday Morning Mortgage Rate UpdatesHas the Bank of Canada’s Policy Rate Peaked?The Bank of Canada didn't hike last week, but it might need to do so again before this cycle is over. Today's post explains.
September 5, 2023 Last updated on September 5, 2023Categories Monday Morning Mortgage Rate UpdatesWhy Another Bank of Canada Rate Hike Is Still PossibleMost economists expect the BoC to hold its policy rate steady this Wednesday, but the coming decision isn't a slam dunk.
August 8, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesWhy Today’s Job Losses Won’t Change the Bank of Canada’s MindIn this week's post I push back against the notion that last month's job losses will alter the Bank of Canada's policy-rate trajectory.
May 29, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesMonday Mortgage Interest Rate UpdateI was away on vacation this past weekend. Here are a few links to some of my most popular recent posts.