Last week new BoC Governor Tiff Macklem made his first public comments and he sounded notably less optimistic than his predecessor. Today's post explains.
In today's post I explain why record low mortgage rates now seem inevitable and offer my take on how borrowers can take advantage of the current conditions.
In his final speech, BoC Governor Poloz argued that fears about coming economic hardship are overblown. Here is my take on his comments, viewed in part through a mortgage lens.
Here are five highlights from the Bank of Canada's latest policy statement and Monetary Policy Report with my take on the implications for our fixed and variable mortgage rates.
The Bank of Canada and the U.S. Federal Reserve continued to slash their policy rates last week. My next fixed vs. variable simulation will be postponed until these five key questions are answered.