May 31, 2021
In today's post I outline both sides of the current inflation debate, and explain how it informs my current take on the fixed vs. variable trade-off.
Posts from the ‘mortgage rate forecast’ Tag
May 25, 2021
Here are links to some of my most popular recent posts.
May 17, 2021
The inflation bogeyman has arrived. Last week we learned that the US Consumer Price Index (CPI) spiked to 4.2% in April, coming in well above the consensus forecast of 3.6% and marking its highest reading since September 2008. US core inflation, which strips out the more volatile CPI inputs like food and energy, surged to 3.0% in April. That result also far surpassed the consensus forecast of 2.3% and was the highest result since January 1996. I am an independent full-time mortgage broker and industry insider who helps Canadians from coast to coast. If you are purchasing, refinancing or renewing your mortgage, contact me or apply for a Mortgage Check-up to obtain the best available rates and terms.
May 3, 2021
The US Federal Reserve still isn't planning to raise its policy rate for a long time and today's post explains why that limits the Bank of Canada's options.
April 26, 2021
The Bank of Canada (BoC) and the bond market were in a stand off over where inflation and interest rates are headed. Until last week, when the BoC blinked.
April 19, 2021
This week the federal government will release its budget, the BoC will issue latest policy statement, and Stats Can will provide our latest inflation data. Whew!
March 22, 2021
Last week's post explained that the bond market and the BoC are currently in a fight about future inflation. In this week's post the US Fed joins the fray.
March 15, 2021
The bond market expected the Bank of Canada to adopt more hawkish language last week, but the Bank had other plans.