February 1, 2021
Canadian mortgage rates are at rock-bottom levels The only debate is over how long they will stay there, and the race between the virus and the vaccines will tell the tale.
Posts from the ‘Bank of Canada’ Tag
January 25, 2021
Here are my thoughts on five of the Bank of Canada's key messages from last week that are noteworthy for anyone keeping an eye on Canadian mortgage rates.
January 18, 2021
Every forecast concedes that the path of the virus will determine the fate of all else, before then assuming that it will be brought to heel. But what if it isn’t?
January 4, 2021
This week's post offers my mortgage-rate forecast for 2021. (Spoiler alert: I think the consensus has it wrong.)
November 23, 2020
Canadian inflation came in much higher than expected last month but I don't think that will impact our mortgage rates, and in today's post I explain why.
November 16, 2020
The recent run-up in the GoC bond yields that Canadian fixed mortgage rates are priced on raises an important question: Have mortgage rates bottomed?
November 2, 2020
In today’s post I explain why the Bank of Canada’s most recent comments should end the fixed vs. variable debate until face masks are a distant memory.
October 26, 2020
In today's post I explain why the Bank of Canada's first moves to combat higher inflation will impact fixed mortgage rates well ahead of variable mortgage rates.