September 30, 2024
Last week brought a long overdue mortgage-rule change that will help renewing mortgage borrowers access better rates.
Posts from the ‘davethemortgagebroker’ Tag
September 23, 2024
What 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.
September 16, 2024
Today’s post offers my take on whether the US Fed will cut its policy rate by 0.25% or 0.50% when it meets this Wednesday.
September 9, 2024
Today's post provides five quick thoughts on the Bank of Canada's latest rate cut and accompanying commentary.
September 3, 2024
The Bank of Canada probably won’t cut by 0.50% this Wednesday, but I think they will wish they had when all is said and done.
August 26, 2024
Last week included key developments on both sides of the 49th parallel that will impact fixed and variable Canadian mortgage rates going forward.
August 19, 2024
The latest US economic data have US bond-market investors paring back their bets on a 0.50% rate cut by the US Federal Reserve at its next meeting.
August 12, 2024
Today’s post explains why average wage growth is set to fall sharply over the next two months, and outlines how that will likely impact Canadian mortgage rates.