Posts tagged ‘canada mortgage rates’
Five Takeaways from the Bank of Canada’s Latest Policy Statement
Monday Morning Interest Rate Update for December 9, 2019
The Bank of Canada didn’t raise rates last week and it sounded surprisingly optimistic about our economy’s prospects. Today’s post offers my take.
Our Latest GDP Data Aren’t Likely to Alter the Bank of Canada’s Outlook
Monday Morning Interest Rate Update for December 2, 2019
Last week’s GDP data came in lower than the Bank of Canada expected but I don’t think that will cause the Bank to cut its policy rate when it meets this week.
The Bank of Canada Can’t Ignore the Lofty Loonie for Much Longer
Monday Morning Interest Rate Update for November 18, 2019
The Bank of Canada’s reluctance to cut its policy rate has caused the Loonie to appreciate against other currencies, creating a headwind that has hurt our export sales. The cost of its continued inaction is growing.
Should Canadian Variable-Rate Borrowers Lock in Now?
Monday Morning Interest Rate Update for November 11, 2019
Today’s post answers an increasingly popular question: Should variable-rate mortgage borrowers lock in a fixed rate now?
The Bank of Canada Didn’t Cut Last Week, But It Likely Will Soon
Monday Morning Interest Rate Update for November 4, 2019
Today’s post offers my take on how the Bank of Canada’s latest Monetary Policy Report and accompanying policy statement will impact Canadian mortgage rates.
If the Bank of Canada Delays Interest-Rate Cuts, It Won’t Be for This Reason
Monday Morning Interest Rate Update for October 15, 2019
The idea that the Bank of Canada will delay rate cuts for fear that it will increase borrowing and accelerate house-price growth is flawed for two reasons. Today’s post explains.
Five Changes to Help Canada’s Housing Affordability Crisis
Monday Morning Interest Rate Update for September 30, 2019
In today’s post I turn my attention to a key issue for voters in our upcoming federal election: housing affordability.
