February 28, 2022
I expect the BoC to hike its policy rate this Wednesday, and in today's post I offer my take on whether variable-rate borrowers should respond by locking in.
Posts from the ‘davethemortgagebroker’ Tag
February 22, 2022
Here are links to five key recent posts about Canadian mortgage rates and inflation.
February 14, 2022
US inflation surged higher last week and took our fixed mortgage rates along for the ride. In today's post I explain why US inflation fear may soon peak out.
February 7, 2022
Our economy shed 200,000 jobs in January. Strangely, GoC bond yields surged higher on the same day that news was released, and today’s post explains why.
January 31, 2022
Last week the Bank of Canada confirmed that it will start to raise its policy rate in the near future. The key questions for variable-rate mortgage borrowers are: How fast and by how much?
January 24, 2022
The bond market now assigns 80% odds of a BoC rate hike this week. I continue to take the other side of that bet, and the latest inflation data bolster my view.
January 17, 2022
There is widespread speculation that the BoC will start to raise its policy rate at its upcoming meeting on January 26. I don't share that view.
December 20, 2021
Normally the news quiets down as we head into the holidays, but last week was packed with important updates for anyone keeping an eye on mortgage rates.