Posts from the ‘Monday Morning Interest Rate Updates’ Category
The War in Ukraine Is a Potent Wildcard for Mortgage Rates
Monday Morning Interest Rate Update for March 14, 2022
Russia’s war on Ukraine has the potential to significantly impact the global economy, and relatedly, our mortgage rates.
Five Thoughts on the Bank of Canada’s Rate Hike
Monday Morning Interest Rate Update for March 7, 2022
The Bank of Canada hiked last week and the key questions now are: How fast will its policy-rate rise and how high will it ultimately go?
The Bank of Canada Is About to Start Hiking. Now What?
Monday Morning Interest Rate Update for February 28, 2022
I expect the BoC to hike its policy rate this Wednesday, and in today’s post I offer my take on whether variable-rate borrowers should respond by locking in.
Top Five Recent Posts About Mortgage Rates and Inflation
Monday Morning Interest Rate Update for February 22, 2022
Here are links to five key recent posts about Canadian mortgage rates and inflation.
When Will US Inflation Peak?
Monday Morning Interest Rate Update for February 14, 2022
US inflation surged higher last week and took our fixed mortgage rates along for the ride. In today’s post I explain why US inflation fear may soon peak out.
Why CDN Bond Yields Surged Despite Big Job Losses
Monday Morning Interest Rate Update for February 7, 2022
Our economy shed 200,000 jobs in January. Strangely, GoC bond yields surged higher on the same day that news was released, and today’s post explains why.
The Bank of Canada Will Be Live at Its Next Meeting
Monday Morning Interest Rate Update for January 31, 2022
Last week the Bank of Canada confirmed that it will start to raise its policy rate in the near future. The key questions for variable-rate mortgage borrowers are: How fast and by how much?
The Latest Inflation Data Are Not as Bad as You Might Think
Monday Morning Interest Rate Update for January 24, 2022
The bond market now assigns 80% odds of a BoC rate hike this week. I continue to take the other side of that bet, and the latest inflation data bolster my view.
Is the Bank of Canada About to Start Raising?
Monday Morning Interest Rate Update for January 17, 2022
There is widespread speculation that the BoC will start to raise its policy rate at its upcoming meeting on January 26. I don’t share that view.
Canadian Mortgage Rate Forecast for 2022
Monday Morning Interest Rate Update for January 10, 2022
In today’s post I explain why five-year variable rates will likely save money versus their fixed-rate equivalents in 2022 (and beyond).
A Busy Year-End Wrap Up
Monday Morning Interest Rate Update for December 20, 2021
Normally the news quiets down as we head into the holidays, but last week was packed with important updates for anyone keeping an eye on mortgage rates.
Five BoC Rate Hikes Next Year? Don’t Think So
Monday Morning Interest Rate Update for December 13, 2021
The Bank of Canada held rates steady last week and also pushed back against the bond market’s bet on a more rapid rate-hike timetable.
Five Key Updates for Mortgage Rates Last Week
Monday Morning Interest Rate Update for December 6, 2021
Last week had five important updates that have implications for our mortgage rates, spanning from Omicron to the latest employment and GDP data.
Bond Yields Plunge in Response to New Outbreak Threat
Monday Morning Interest Rate Update for November 29, 2021
Bond yields plunged on Friday after news of the Omicron coronavirus variant broke. Today’s post explains.
Inflation Rises Again, But Not the Component That Matters Most
Monday Morning Interest Rate Update for November 22, 2021
Our Consumer Price Index (CPI) rose to its highest level in 19 years last month, but CPI the component that matters most of all still lags.
