August 21, 2023 Last updated on August 21, 2023Categories Monday Morning Mortgage Rate UpdatesCanadian Inflation Rises. Will Mortgage Rates Follow?Last week Statistics Canada confirmed that our inflation increased in July. Today’s post explains why it will keep rising over the near term.
August 14, 2023 Last updated on August 14, 2023Categories Monday Morning Mortgage Rate UpdatesUS Inflation Rises, and Canadian Inflation Is About to FollowUS inflation ticked higher last week and in today’s post I explain why Canadian inflation is about to do the same.
August 8, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesWhy Today’s Job Losses Won’t Change the Bank of Canada’s MindIn this week's post I push back against the notion that last month's job losses will alter the Bank of Canada's policy-rate trajectory.
May 29, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesMonday Mortgage Interest Rate UpdateI was away on vacation this past weekend. Here are a few links to some of my most popular recent posts.
May 23, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesCanadian Inflation Re-accelerates and Mortgage Rates RiseI thought the bond market's rate cut bets were too aggressive, and today's post explains why I believe that new rate-hike warnings are a similar over-reaction.
May 15, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesWhy I’m Still Not Buying the Bond Market’s Rate Cut BetsIn today's post I analyze the latest US inflation data and explain why I think the bets on future Fed and BoC rate cuts are still too optimistic.
May 8, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesWhat the US Fed’s Pause Will Mean for Canadian Mortgage RatesThe US Federal Reserve now appears to be on pause, and in today's post I outline the implications for Canadian mortgage rates.
May 1, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesShould Canadians Reconsider a Variable-Rate Mortgage?In today's post I offer my take on whether Canadians should be reconsidering the variable-rate mortgage now that our economic momentum is slowing.