Today's post explains why last week's banner Canadian employment headline is causing investors to pare back their bets on Bank of Canada rate cuts in 2023.
In today's post I explain why softer than expected US inflation data doesn't change my view that mortgage rates will take longer to drop than many now expect.
Today’s post explains how trigger rates work, dispels fears that they will lead to a US-styled meltdown, and outlines options for borrowers who are hitting them.