December 5, 2022 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesThe Case for Another 0.50% Bank of Canada Rate HikeFinancial markets are pricing in another 0.25% increase by the Bank of Canada this Wednesday, but I think a 0.50% hike might actually make more sense.
October 31, 2022 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesThe Bank of Canada Hikes by Less Than ExpectedThis post offers my key takeaways from the Bank’s latest policy statement, press conference, and accompanying Monetary Policy Report.
October 24, 2022 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesWhy the Bank of Canada Is About to Hike by Another 0.75%This post explains why I expect the Bank of Canada to hike by another 0.75% this Wednesday, and it outlines the implications for Canadian mortgage rates.
October 11, 2022 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesFive Mortgage-Rate Thoughts from Last WeekThere were several mortgage-related developments last week that were worth noting. Here are my top five from that list.
October 3, 2022 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesWhy Central Bankers Must Now Let the Fires BurnIn today's post I explain why our central bankers are now telling anyone who will listen that this time, they need to let the fires burn.
September 12, 2022 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesFive Mortgage-Related Thoughts on the Bank of Canada’s Latest Rate HikeHere are five thoughts on the Bank of Canada’s latest rate hike and policy statement.
September 6, 2022 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesThe Bank of Canada’s Rate-Hike Impacts Are IntensifyingIn today's post I explain how a confluence of three factors will magnify the incremental impact of each incremental BoC hike.
August 29, 2022 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesWhy the Bank of Canada and the Bond Market Are Both Half Right (and Half Wrong)Today's post explains why I have decided to alter my near-term rate forecast.