November 18, 2024 Last updated on November 18, 2024Categories Monday Morning Mortgage Rate UpdatesA Warning About Canadian Fixed Mortgage RatesToday's post explains why our fixed mortgage rates aren't likely to fall farther when universally anticipated Bank of Canada rate cuts materialize.
November 4, 2024 Last updated on November 4, 2024Categories Monday Morning Mortgage Rate UpdatesHave Canadian Fixed Mortgage Rates Bottomed?Today's post explains why I think our fixed mortgage rates may be about to bottom out, and why five-year fixed rates are worth a fresh look.
October 28, 2024 Last updated on October 28, 2024Categories Monday Morning Mortgage Rate UpdatesThe Bank of Canada Beats a Hasty RetreatToday's post offers my take on the BoC's 0.50% rate cut and explains why I have changed the advice I am offering to fixed-rate borrowers.
October 21, 2024 Last updated on October 21, 2024Categories Monday Morning Mortgage Rate UpdatesWhy a 0.50% Rate Cut by the Bank of Canada is a No BrainerIn today's post I explain why the Bank of Canada should not hesitate to cut its policy rate by 0.50% when it meets this Wednesday.
October 15, 2024 Last updated on October 15, 2024Categories Monday Morning Mortgage Rate UpdatesMonday Morning Interest Rate UpdateHere are links to three of my most popular recent posts.
October 7, 2024 Last updated on October 7, 2024Categories Monday Morning Mortgage Rate UpdatesBond Yields Take a U-Turn. Are Canadian Fixed Mortgage Rates Next?Last week provided a reminder of why bond yields and mortgage rates are so difficult to forecast.
September 30, 2024 Last updated on September 30, 2024Categories Monday Morning Mortgage Rate Updates Mortgage Rule ChangesA Mortgage Stress-Test Change at LastLast week brought a long overdue mortgage-rule change that will help renewing mortgage borrowers access better rates.
September 23, 2024 Last updated on September 23, 2024Categories Monday Morning Mortgage Rate UpdatesA Smorgasbord of Good News for Canadian Mortgage BorrowersWhat a week! Canadian inflation returned to 2%, the US Fed slashed its policy rate by 0.50%, and our federal government announced sweeping mortgage rule changes.