April 1, 2024 Last updated on April 1, 2024Categories Monday Morning Mortgage Rate UpdatesCanadian Mortgage-Related News Update – Separating Wheat from ChaffStatistics Canada released our latest GDP data, our banking regulator announced a new set of guidelines for federally regulated lenders, and Prime Minister Trudeau proposed a new Renters Bill of Rights.
March 25, 2024 Last updated on July 15, 2024Categories Monday Morning Mortgage Rate UpdatesFive Important Updates on Canadian Mortgage RatesLast week was a busy one for news affecting Canadian mortgage rates.
March 11, 2024 Last updated on March 11, 2024Categories Monday Morning Mortgage Rate UpdatesThe Longer the First Rate Cut Takes, the Lower Our Variable Mortgage Rates Will GoThe longer the BoC waits to enact its first rate cut, the lower its policy rate will then have to go to course correct.
March 4, 2024 Last updated on March 4, 2024Categories Monday Morning Mortgage Rate UpdatesThe Bank of Canada’s First Rate Cut Should Not Be Far OffThis week's post explains why I'm not buying soft-landing forecasts, and why I believe the Bank of Canada's first rate cut is not far off.
February 26, 2024 Last updated on February 26, 2024Categories Monday Morning Mortgage Rate UpdatesWhy Canadian Fixed and Variable Mortgage Rates May Be Heading in Different DirectionsToday's post explains why I believe that Canadian fixed and variable mortgage rates may soon be moving in different directions.
February 20, 2024 Last updated on February 20, 2024Categories Monday Morning Mortgage Rate UpdatesCanadian Mortgage Rate Updates – Top Five Recent PostsHere are links to five recent posts that outline key factors that are impacting Canadian mortgage rates.
February 12, 2024 Last updated on February 12, 2024Categories Monday Morning Mortgage Rate UpdatesIs Canadian Employment Really as Strong as It Looked Last Month?The latest employment data confirmed that our labour market is softening despite the stronger-than-expected headline result.
February 5, 2024 Last updated on February 15, 2024Categories Monday Morning Mortgage Rate UpdatesWhy A Recession Is Still the Most Likely OutcomeToday’s post explains why a recession is still more likely than a soft landing and predicts how it will impact Canadian mortgage rates.