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.
May 27, 2024 Last updated on June 2, 2024Categories Monday Morning Mortgage Rate UpdatesSofter Inflation Should Usher in the First Bank of Canada Rate CutOur latest inflation data open the door wide for a Bank of Canada rate cut at its next meeting on June 5.
May 13, 2024 Last updated on May 13, 2024Categories Monday Morning Mortgage Rate UpdatesWas Our Latest Employment Data Just Sound and Fury?Today’s post explains why I think last month’s employment headline won’t cause the Bank of Canada to alter its rate-cut timetable.
May 6, 2024 Last updated on July 15, 2024Categories Monday Morning Mortgage Rate UpdatesWelcome Relief for Canadian Fixed-Rate Mortgage BorrowersToday’s post explains why last week’s policy announcement by the US Fed was good news for Canadian fixed mortgage rates.
April 29, 2024 Last updated on April 30, 2024Categories Monday Morning Mortgage Rate UpdatesCanadian Variable Mortgage Rates Should Fall Soon, But Fixed Mortgage Rates Are Headed the Other WayToday’s post explains why our fixed and variable mortgage rates will likely be heading in opposite directions in the near future.
April 22, 2024 Last updated on April 22, 2024Categories Monday Morning Mortgage Rate UpdatesWhy A Bad Budget May Actually Leave Us Better OffIn today’s post I offer a contrarian view on the why our federal government’s much maligned budget will actually help minimize near-term economic turbulence.