October 3, 2023 Last updated on October 3, 2023Categories Monday Morning Mortgage Rate UpdatesThoughts on Diverging US/CDN Economic Momentum, the Mortgage Stress Test, and an Unfair Policy Trapping Many Mortgage BorrowersToday's post touches on the latest US & CDN GDP data before taking aim at two mortgage rules that our banking regulator should be re-evaluating.
September 25, 2023 Last updated on September 25, 2023Categories Monday Morning Mortgage Rate UpdatesThoughts on Inflation, Bond Yields, Rate-Hike Prospects, and Where Canadian Mortgage Rates Are HeadedToday's post offers my take on the flurry of mortgage-related news from last week.
September 18, 2023 Last updated on September 18, 2023Categories Monday Morning Mortgage Rate UpdatesUS Inflation Rises Ahead of the Federal Reserve’s Meeting This WeekUS inflation moved higher in August, and that will keep the pressure on the US Federal Reserve when it meets this week.
September 11, 2023 Last updated on September 11, 2023Categories Monday Morning Mortgage Rate UpdatesHas the Bank of Canada’s Policy Rate Peaked?The Bank of Canada didn't hike last week, but it might need to do so again before this cycle is over. Today's post explains.
September 5, 2023 Last updated on September 5, 2023Categories Monday Morning Mortgage Rate UpdatesWhy Another Bank of Canada Rate Hike Is Still PossibleMost economists expect the BoC to hold its policy rate steady this Wednesday, but the coming decision isn't a slam dunk.
August 21, 2023 Last updated on August 21, 2023Categories Monday Morning Mortgage Rate UpdatesCanadian Inflation Rises. Will Mortgage Rates Follow?Last week Statistics Canada confirmed that our inflation increased in July. Today’s post explains why it will keep rising over the near term.
August 14, 2023 Last updated on August 14, 2023Categories Monday Morning Mortgage Rate UpdatesUS Inflation Rises, and Canadian Inflation Is About to FollowUS inflation ticked higher last week and in today’s post I explain why Canadian inflation is about to do the same.
August 8, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesWhy Today’s Job Losses Won’t Change the Bank of Canada’s MindIn this week's post I push back against the notion that last month's job losses will alter the Bank of Canada's policy-rate trajectory.
May 29, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesMonday Mortgage Interest Rate UpdateI was away on vacation this past weekend. Here are a few links to some of my most popular recent posts.
May 8, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesWhat the US Fed’s Pause Will Mean for Canadian Mortgage RatesThe US Federal Reserve now appears to be on pause, and in today's post I outline the implications for Canadian mortgage rates.
May 1, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesShould Canadians Reconsider a Variable-Rate Mortgage?In today's post I offer my take on whether Canadians should be reconsidering the variable-rate mortgage now that our economic momentum is slowing.
February 21, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesTop Five Recent Posts About Mortgage Rates and InflationHere are links to five of my recent posts about Canadian mortgage rates and inflation.