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The Bank of Canada Beats a Hasty Retreat
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The Bank of Canada Beats a Hasty Retreat
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October 28, 2024
Last updated on October 28, 2024
Categories
  • Monday Morning Mortgage Rate Updates

The Bank of Canada Beats a Hasty Retreat

Today's post offers my take on the BoC's 0.50% rate cut and explains why I have changed the advice I am offering to fixed-rate borrowers.
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October 21, 2024
Last updated on October 21, 2024
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  • Monday Morning Mortgage Rate Updates

Why a 0.50% Rate Cut by the Bank of Canada is a No Brainer

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.
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October 15, 2024
Last updated on October 15, 2024
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  • Monday Morning Mortgage Rate Updates

Monday Morning Interest Rate Update

Here are links to three of my most popular recent posts.
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October 7, 2024
Last updated on October 7, 2024
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  • Monday Morning Mortgage Rate Updates

Bond Yields Take a U-Turn. Are Canadian Fixed Mortgage Rates Next?

Last week provided a reminder of why bond yields and mortgage rates are so difficult to forecast.
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September 30, 2024
Last updated on September 30, 2024
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  • Monday Morning Mortgage Rate Updates
  • Mortgage Rule Changes

A Mortgage Stress-Test Change at Last

Last week brought a long overdue mortgage-rule change that will help renewing mortgage borrowers access better rates.
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September 23, 2024
Last updated on September 23, 2024
Categories
  • Monday Morning Mortgage Rate Updates

A Smorgasbord of Good News for Canadian Mortgage Borrowers

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.
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September 16, 2024
Last updated on September 16, 2024
Categories
  • Monday Morning Mortgage Rate Updates

How Low Will the US Fed Go This Wednesday?

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.
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September 9, 2024
Last updated on September 9, 2024
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  • Monday Morning Mortgage Rate Updates

Thoughts on the Bank of Canada’s Most Recent Rate Cut and Commentary

Today's post provides five quick thoughts on the Bank of Canada's latest rate cut and accompanying commentary.
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