October 30, 2023 Last updated on October 30, 2023Categories Monday Morning Mortgage Rate UpdatesMortgage-Rate Update: What to Make of the Bank of Canada’s Hawkish HoldHere are my five key takeaways from the Bank of Canada's latest rate decision and related communications.
October 23, 2023 Last updated on October 23, 2023Categories Monday Morning Mortgage Rate UpdatesWhy Fixed vs. Variable is Getting More Interesting + Five Key Mortgage UpdatesLast week was a busy one for mortgage-related news and rates.
October 10, 2023 Last updated on October 10, 2023Categories Monday Morning Mortgage Rate UpdatesWhy Higher Fixed Mortgage Rates Make Additional Policy-Rate Hikes Less LikelyToday's post explains that while the latest economic data have increased the odds of another BoC rate hike, the bond market's reaction to that data might end up eliminating the need for one.
October 3, 2023 Last updated on October 3, 2023Categories Monday Morning Mortgage Rate UpdatesThoughts on Diverging US/CDN Economic Momentum, the Mortgage Stress Test, and an Unfair Policy Trapping Many Mortgage BorrowersToday's post touches on the latest US & CDN GDP data before taking aim at two mortgage rules that our banking regulator should be re-evaluating.
September 25, 2023 Last updated on September 25, 2023Categories Monday Morning Mortgage Rate UpdatesThoughts on Inflation, Bond Yields, Rate-Hike Prospects, and Where Canadian Mortgage Rates Are HeadedToday's post offers my take on the flurry of mortgage-related news from last week.
September 18, 2023 Last updated on September 18, 2023Categories Monday Morning Mortgage Rate UpdatesUS Inflation Rises Ahead of the Federal Reserve’s Meeting This WeekUS inflation moved higher in August, and that will keep the pressure on the US Federal Reserve when it meets this week.
September 11, 2023 Last updated on September 11, 2023Categories Monday Morning Mortgage Rate UpdatesHas the Bank of Canada’s Policy Rate Peaked?The Bank of Canada didn't hike last week, but it might need to do so again before this cycle is over. Today's post explains.
September 5, 2023 Last updated on September 5, 2023Categories Monday Morning Mortgage Rate UpdatesWhy Another Bank of Canada Rate Hike Is Still PossibleMost economists expect the BoC to hold its policy rate steady this Wednesday, but the coming decision isn't a slam dunk.