Today's post offers my take on the Bank of Canada's most recent rate cut decision, and explains why I think our variable mortgage rates have room to decrease further.
Bond yields plunged last week, our fixed mortgage rates should drop soon, and there is now broad consensus that the BoC will cut by 0.50% this Wednesday.
Today’s post offers my take on last week’s key mortgage-related news and explains why I think our fixed and variable mortgage rates are headed in different directions.