July 22, 2024 Last updated on July 22, 2024Categories Monday Morning Mortgage Rate UpdatesInflation and Inflation Expectations Have Reset Lower. Are Mortgage Rates Next?Today’s post explains why I think the Bank of Canada will cut this week, and several more times in short order.
July 15, 2024 Last updated on July 15, 2024Categories Monday Morning Mortgage Rate UpdatesEasing US Inflation is Good News for Canadian Mortgage BorrowersToday's post highlights the latest US inflation data and explains why it bodes well for Canadian mortgage rates.
July 8, 2024 Last updated on July 8, 2024Categories Monday Morning Mortgage Rate UpdatesHow Will Weak Employment Data Impact Canadian Mortgage Rates?Today’s post provide highlights from last week’s disappointing employment report and provides my updated take on the outlook for Canadian mortgage rates.
July 2, 2024 Last updated on July 2, 2024Categories Monday Morning Mortgage Rate UpdatesWill Last Month’s Inflation Uptick Alter the Bank of Canada’s Plans?Blurb: Canadian inflation came in hotter than expected in May, and today’s post offers my take on the implications for Canadian mortgage rates.
June 24, 2024 Last updated on June 24, 2024Categories Monday Morning Mortgage Rate UpdatesIs US Economic Momentum Really That Strong?Today's post explains why the narrative about the US economy being on a much stronger trajectory than the Canadian economy is changing.
June 17, 2024 Last updated on June 17, 2024Categories Monday Morning Mortgage Rate UpdatesHow the US Fed’s Latest Decision Will Impact Canadian Mortgage RatesToday’s post provides highlights from the Fed’s latest and outlines the implications for Canadian fixed and variable mortgage rates.
June 10, 2024 Last updated on June 10, 2024Categories Monday Morning Mortgage Rate UpdatesHow Low Will the Bank of Canada Go?Today's post provides highlights from the Bank of Canada's policy-rate meeting last week, and explains why I think more cuts will be forthcoming.
June 3, 2024 Last updated on June 9, 2024Categories Monday Morning Mortgage Rate UpdatesFixed vs Variable Mortgage Rates: Which Option Will Save You Money?In this week’s post I tackle the age-old fixed vs variable question with three different rate simulations.