The BoC’s comments last week about the future path of inflation were noteworthy for anyone keeping an eye on mortgage rates. Today's post offers my take.
The five-year GoC bond yield that our five-year fixed mortgage rates are priced on has risen by 20 basis points over the last two weeks. Where will it go from here?
The US Federal Reserve moved up its rate-hike timetable last week. US & CDN bond yields spiked in response and in today’s post I offer my take on the implications for our mortgage rates.
The latest US and CDN employment reports fell short of expectations once again. Today's post offers my take on the implications for Canadian mortgage rates.