Posts from the ‘Monday Morning Interest Rate Updates’ Category
Canadian Mortgage Primer: All About Trigger Rates
Monday Morning Interest Rate Update for November 28, 2022
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.
Canadian Inflation Stopped Cooling Last Month
Monday Morning Interest Rate Update for November 21, 2022
Canadian inflation levelled off last month. While we all hope it will resume a downward path soon, there are signs that it may take longer than expected.
Champagne Corks Pop in Response to Latest US Inflation Data
Monday Morning Interest Rate Update for November 14, 2022
The latest US inflation data set off a breathtaking rally in financial markets last week. Today’s post explains why I think that was an over-reaction.
The Fed Hiked and Financial Markets Shuddered
Monday Morning Interest Rate Update for November 7, 2022
In today’s post I cover the Fed’s latest rate hike and the blockbuster Canadian jobs report, and I explain why inflation will likely prove stickier than expected.
The Bank of Canada Hikes by Less Than Expected
Monday Morning Interest Rate Update for October 31, 2022
This post offers my key takeaways from the Bank’s latest policy statement, press conference, and accompanying Monetary Policy Report.
Why the Bank of Canada Is About to Hike by Another 0.75%
Monday Morning Interest Rate Update for October 24, 2022
This post explains why I expect the Bank of Canada to hike by another 0.75% this Wednesday, and it outlines the implications for Canadian mortgage rates.
What the US Inflation Surprise Means for Canadian Mortgage Rates
Monday Morning Interest Rate Update for October 17, 2022
Today’s post offers my take on the latest US inflation data and outlines the implications for Canadian fixed and variable mortgage rates.
Five Mortgage-Rate Thoughts from Last Week
Monday Morning Interest Rate Update for October 11, 2022
There were several mortgage-related developments last week that were worth noting. Here are my top five from that list.
Why Central Bankers Must Now Let the Fires Burn
Monday Morning Interest Rate Update for October 3, 2022
In today’s post I explain why our central bankers are now telling anyone who will listen that this time, they need to let the fires burn.
The Fed Raises and Warns It Isn’t Done Yet
Monday Morning Interest Rate Update for September 26, 2022
Today’s post provides highlights from the Fed’s latest communications and considers the implications for Canadian mortgage rates.
Expect Some Tough Love from the US Federal Reserve This Week
Monday Morning Interest Rate Update for September 19, 2022
In today’s post I explain why I believe the US Federal Reserve will surprise markets with more-hawkish-than-expected policy-rate language this week.
Five Mortgage-Related Thoughts on the Bank of Canada’s Latest Rate Hike
Monday Morning Interest Rate Update for September 12, 2022
Here are five thoughts on the Bank of Canada’s latest rate hike and policy statement.
The Bank of Canada’s Rate-Hike Impacts Are Intensifying
Monday Morning Interest Rate Update for September 6, 2022
In today’s post I explain how a confluence of three factors will magnify the incremental impact of each incremental BoC hike.
Why the Bank of Canada and the Bond Market Are Both Half Right (and Half Wrong)
Monday Morning Interest Rate Update for August 29, 2022
Today’s post explains why I have decided to alter my near-term rate forecast.
How the Latest Employment Data Will Impact Our Mortgage Rates
Monday Morning Interest Rate Update for August 8, 2022
Here is my take on how US and Canadian employment momentum (or the lack thereof) will impact Canadian mortgage rates.
