April 24, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesIs the Bank of Canada Painting Itself into a Corner?In today's post I explain why the Bank of Canada's current inflation stance will limit its options rate if rate hikes have more impact than expected.
April 3, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesWill Strong GDP Growth Bring Higher Mortgage Rates?Today's post explains why in today’s upside-down world, good news for our economy is bad news for our mortgage rates.
March 27, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesMore Near-Term Rate Hikes Are off the Table (But So Are Rate Cuts)Today's post explains why more Bank of Canada rate hikes are likely now off the table (and why near-term rate cuts likely are as well).
March 13, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesFive Key Updates for Canadian Mortgage RatesLast week the BoC and the Fed both made hawkish statements and the latest CDN and US employment data beat expectations. So why are bond yields plummeting?
February 21, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesTop Five Recent Posts About Mortgage Rates and InflationHere are links to five of my recent posts about Canadian mortgage rates and inflation.
February 6, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesWas the US Federal Reserve’s Most Recent Hike Really That Dovish?Today's post explains why I don't think the Fed's latest rate hike was as dovish as the consensus perceived it to be.
January 30, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesWhy We Shouldn’t Over-React to the Bank of Canada’s Rate-Hike PauseToday's post explains why anyone tracking Canadian mortgage rates should temper their reaction to Bank of Canada's rate-hike pause.
January 23, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesWill the Bank of Canada Raise Again This Week?Most forecasters expect the Bank of Canada to hike its policy rate by another 0.25% when it meets this Wednesday. Here is my take.