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.
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.