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.
August 26, 2024
Last week included key developments on both sides of the 49th parallel that will impact fixed and variable Canadian mortgage rates going forward.
August 19, 2024
The latest US economic data have US bond-market investors paring back their bets on a 0.50% rate cut by the US Federal Reserve at its next meeting.
August 12, 2024
Today’s post explains why average wage growth is set to fall sharply over the next two months, and outlines how that will likely impact Canadian mortgage rates.
August 6, 2024
Bond yields plunged last week as investors repositioned themselves for a US led global economic slowdown, and Canadian fixed-mortgage rates are headed lower as a result.
July 29, 2024
Today’s post provides my five key take aways from the Bank of Canada’s policy-rate meeting last week.
July 22, 2024
Today’s post explains why I think the Bank of Canada will cut this week, and several more times in short order.
July 15, 2024
Today's post highlights the latest US inflation data and explains why it bodes well for Canadian mortgage rates.