Today’s post offers my take on last week’s key mortgage-related news and explains why I think our fixed and variable mortgage rates are headed in different directions.
In keeping with tradition, my first post in 2024 will offer some thoughts on the year ahead - but before I jump in, let’s take a quick look at how my 2023 prognostications turned out.
Today post covers the Fed hawkish hold, the latest US and Canadian economic data releases, and some refreshingly candid comments from the Bank of Canada.