Posts from the ‘Monday Morning Interest Rate Updates’ Category
Will the U.S. Fed Sooth Nerves or Stay the Course?
Monday Morning Interest Rate Update for December 17, 2018
The U.S. Federal Reserve is widely expected to hike its policy rate by another 0.25% when it meets this Wednesday. The question that is being actively debated is whether it will also adopt more dovish language in its forward guidance (and the answer could impact Canadian mortgage rates).
Canadian Mortgage Rates Aren’t Headed Higher After All
Monday Morning Interest Rate Update for December 10, 2018
Just like that, all of the dire warnings about rapidly rising Canadian mortgage rates disappeared faster than cookies and carrots on Christmas Eve.
Will the Bank of Canada Pivot This Week? (Hint: It Should)
Monday Morning Interest Rate Update for December 3, 2018
Six weeks ago the BoC warned that higher rates were imminent. Much has changed since then. Will the Bank pivot when it meets this Wednesday? (Hint: It should)
Will Last Month’s Inflation Rise Lead to Higher Canadian Mortgage Rates?
Monday Morning Interest Rate Update for November 26, 2018
This week’s post offers my take on whether Canadian mortgage rates will be impacted by the recent rise in our inflationary pressures.
Fixed vs. Variable: Is the Five-Year Fixed-Rate Mortgage Now a No Brainer?
Monday Morning Interest Rate Update for November 19, 2018
This week the contrarian in me challenges the notion that choosing a fixed mortgage rate over its variable equivalent is a no brainer in the current environment.
Is the Bank of Canada Bullish on Pot?
Monday Morning Interest Rate Update for November 12, 2018
The Bank of Canada expects that it will have to raise its policy rate to keep inflation near its 2% target, but our recent economic data imply otherwise.
Canadian Wage Growth Decelerates Again
Monday Morning Interest Rate Update for November 5, 2018
The Bank of Canada wants to keep raising its policy rate but says that it will be data dependent. Our latest wage data may test the veracity of that claim in short order.
How Much Higher Will Canadian Mortgage Rates Go?
Monday Morning Interest Rate Update for October 29, 2018
Last week the Bank of Canada raised its policy rate by 0.25%, as expected. What really caught the market’s attention was the Bank’s decision to drop the word “gradual” from its accompanying policy statement.
The One Word That Will Determine Where Canadian Mortgage Rates Are Headed
Monday Morning Interest Rate Update for October 22, 2018
When the Bank of Canada meets this week, bond-market investors will be looking for one key word in the Bank’s accompanying policy statement.
U.S. Inflation Slows, But for How Long?
Monday Morning Interest Rate Update for October 15, 2018
If you’re keeping an eye on Canadian mortgage rates, you would be wise to keep your other eye focused on what is happening with inflation south of the border.
How Will the New USMCA Trade Agreement Impact Canadian Mortgage Rates?
Monday Morning Interest Rate Update for October 9, 2018
Mortgage rates rose again last week and the main catalyst was the resolution of the NAFTA renegotiations. Today’s post examines the new USMCA’s longer-term impact.
How Will the Latest U.S. Rate Hike Impact Canadian Mortgage Rates?
Monday Morning Interest Rate Update for October 1, 2018
Today’s post offers my take on how the U.S. Federal Reserve’s latest rate hike is likely to impact Canadian mortgage rates over the near and medium terms.
Should Existing Canadian Variable-Rate Borrowers Lock in Now?
Monday Morning Interest Rate Update for September 24, 2018
It appears almost certain that the Bank of Canada will hike rates again on Oct 24. Should variable-rate mortgage borrowers now be locking in to a fixed rate?
A Look Back at The U.S. Housing Crisis Ten Years Later
Monday Morning Interest Rate Update for September 17, 2018
This week I take a look back at a post I wrote in 2010 that explains how the U.S. lent its way to a housing crisis and how Canada avoided the same fate.
The Bank of Canada Holds Rates Steady, But for How Long?
Monday Morning Interest Rate Update for September 10, 2018
When the Bank of Canada (BoC) met last week, it left its overnight rate unchanged at 1.5% as was widely expected. The real question for anyone keeping an eye on Canadian mortgage rates was whether the Bank would hint at its plans for its next meeting on October 24.
