Posts from the ‘Monday Morning Interest Rate Updates’ Category
How Will Reduced Business Confidence Impact the Bank of Canada’s Outlook?
Monday Morning Interest Rate Update for April 22, 2019
This week’s Bank of Canada meeting includes an especially interesting subtext.
Are Canadian Bond Yields About to Push Our Fixed Mortgage Rates Higher?
Monday Morning Interest Rate Update for April 15, 2019
The recent lurching in Government of Canada bond yields may push our fixed mortgage rates higher over the short term.
Bank of Canada Governor Poloz Dampens Rate-Cut Speculation
Monday Morning Interest Rate Update for April 8, 2019
Last week Bank of Canada (BoC) Governor Poloz threw cold water on growing speculation that the BoC’s next rate move will be a cut, but I was unconvinced.
Canadian Mortgage Rates Pushed Lower by Slowing U.S. Momentum
Monday Morning Interest Rate Update for April 1, 2019
Today’s post explains how recent U.S. developments are helping to put downward pressure on Canadian bond yields, and by association, our mortgage rates.
The New Bank of Justin and Bill
Monday Morning Interest Rate Update for March 25, 2019
Our federal government just released its 2019 budget, and it included several initiatives that were designed to improve housing affordability for Canadians. Today’s post offers my take.
Fixed- Versus Variable-Rate Mortgages: Is the Reward Worth the Risk?
Monday Morning Interest Rate Update for March 18, 2019
The Bank of Canada has become much more dovish of late, and given that, now seems like a good time to revisit the age-old fixed versus variable rate question.
The Case for Lower Canadian Mortgage Rates
Monday Morning Interest Rate Update for March 11, 2019
Today’s post highlights from both of the Bank of Canada’s communications last week and offers my take on the two key questions that matter most to fixed- and variable-rate mortgage borrowers: When will the Bank move its policy rate next? Will its next move be up or down?
Will the Bank of Canada Put Rate-Hike Speculation to Rest?
Monday Morning Interest Rate Update for March 4, 2019
If the Bank of Canada is “decidedly data dependant” as it claims, then it should end speculation about near-term rate hikes when it meets this Wednesday.
Bank of Canada Governor Poloz May Want Higher Rates, But He Needs Stable Inflation
Monday Morning Interest Rate Update for February 25, 2019
There are factors beyond BoC Governor Poloz’s control that are preventing him from raising the policy rate to a neutral-rate level. Today’s post explains.
Why the Bond Market Yawned at Canada’s Banner January Employment Headline
Monday Morning Interest Rate Update for February 11, 2019
In today’s post I explain why the bond market essentially yawned at last week’s banner Canadian employment headline (for January)
How Canadian Mortgage Rates Are Likely to be Impacted By the U.S. Fed’s Dovish Shift
Monday Morning Interest Rate Update for February 4, 2019
The U.S. Federal Reserve just took a sharp monetary-policy turn and its move has implications for both our fixed and variable Canadian mortgage rates.
Update On the Bank of Canada’s Worry List
Monday Morning Interest Rate Update for January 28, 2019
Today’s post provides an update on the three key areas that the Bank of Canada is monitoring to determine when additional rate hike will be appropriate.
All Quiet on the Canadian Mortgage-Rate Front (for Now)
Monday Morning Interest Rate Update for January 21, 2019
Last week was a relatively quiet one on the interest-rate front. Government of Canada bond yields, which our fixed mortgage rates are priced on, edged a little higher, but five-year fixed rates continued to fall among laggard lenders who had not already lowered to match RBC’s recent cut. Last Friday we received our latest inflation […]
The Glaring Omission in the Bank of Canada’s Latest Forecast
Monday Morning Interest Rate Update for January 14, 2019
The Bank of Canada expects our economy to slow over the first half of 2019 before resuming its prior growth rate, but I noted a glaring omission in its forecast.
Canadian Mortgage Rate Forecast (2019): Look Out Below
Monday Morning Interest Rate Update for January 7, 2019
Today’s post offers my forecast for Canadian mortgage rates in 2019. (Spoiler alert: I expect that rates are headed lower, but be careful what you wish for.)
