October 21, 2024
In today's post I explain why the Bank of Canada should not hesitate to cut its policy rate by 0.50% when it meets this Wednesday.
Posts from the ‘mortgagerates’ Tag
October 15, 2024
October 7, 2024
Last week provided a reminder of why bond yields and mortgage rates are so difficult to forecast.
September 30, 2024
Last week brought a long overdue mortgage-rule change that will help renewing mortgage borrowers access better rates.
September 23, 2024
What a week! Canadian inflation returned to 2%, the US Fed slashed its policy rate by 0.50%, and our federal government announced sweeping mortgage rule changes.
September 16, 2024
Today’s post offers my take on whether the US Fed will cut its policy rate by 0.25% or 0.50% when it meets this Wednesday.
September 9, 2024
Today's post provides five quick thoughts on the Bank of Canada's latest rate cut and accompanying commentary.
September 3, 2024
The Bank of Canada probably won’t cut by 0.50% this Wednesday, but I think they will wish they had when all is said and done.