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.
January 29, 2024 Last updated on February 1, 2024Categories Monday Morning Mortgage Rate UpdatesFive Key Takeaways From the Bank of Canada’s Latest UpdateToday’s post provides my five key takeaways from the Bank of Canada’s policy-rate meeting last week.
January 15, 2024 Last updated on January 15, 2024Categories Monday Morning Mortgage Rate UpdatesThe Bank of Canada’s Inflation PickleToday’s post explains why the composition of our current inflation pressure puts the Bank of Canada in a dilly of a pickle.
December 4, 2023 Last updated on December 5, 2023Categories Monday Morning Mortgage Rate UpdatesThe Canadian Economy Is Topping Out. Mortgage Rates Are Too.Today's post explains why the last week's GDP and employment data bolstered the view that rates have peaked, and outlines why variable mortgage rates are worth a fresh look.
July 17, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesThe Bank of Canada Tightens AgainHere are my responses to the five key questions that Canadian mortgage borrowers are asking in the wake of the BoC’s latest move.
July 4, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesCanadian Mortgage Rate Update: A Busy Week for New Economic DataToday's post breaks down several new data releases from last week that were noteworthy for anyone keeping an eye on Canadian mortgage rates.
June 26, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesUpdate: Should You Choose a Fixed- or Variable-Rate Mortgage?Today's post provides a comparison of the best current fixed vs. variable options, and offers some general advice for anyone now facing that choice.