Posts from the ‘Monday Morning Interest Rate Updates’ Category
Monday Morning Interest Rate Update for October 4, 2021
Today’s post explains how central bankers are walking the fine line between stimulating their economic recoveries and managing inflationary pressures.
Monday Morning Interest Rate Update for September 20, 2021
Today’s post explains why I don’t think our current inflation spike portends higher mortgage rates.
Monday Morning Interest Rate Update for September 13, 2021
The Bank of Canada (BoC) held its policy rate steady last Wednesday and, as expected, refrained from materially altering its forward guidance in deference to our current federal election. Because the Bank effectively stood pat last week, in this week’s post I will offer my assessments of the mortgage-specific proposals being put forth by our […]
Monday Morning Interest Rate Update for September 7, 2021
The Bank of Canada (BoC) will be in a tough spot when it meets this week. Normally it would try to hold steady in the middle of a federal election so that its words and actions aren’t seen to be favouring one party over another. But normal left town when the pandemic arrived and hasn’t […]
Monday Morning Interest Rate Update for August 9, 2021
Last week we received the latest Canadian and US employment reports, for July, and both offered useful insights for anyone keeping an eye on mortgage rates.
Monday Morning Interest Rate Update for August 3, 2021
In this week’s post I share five highlights from the US Federal Reserve’s most recent meeting that shed light on its rate-hike timetable.
Monday Morning Interest Rate Update for July 5, 2021
In today’s post I explain why the US employment data might well have more impact on Canadian mortgage rates than our own over the near term.
Monday Morning Interest Rate Update for June 28, 2021
The five-year GoC bond yield that our five-year fixed mortgage rates are priced on has risen by 20 basis points over the last two weeks. Where will it go from here?