Posts tagged ‘davethemortgagebroker’
The Case for Another 0.50% Bank of Canada Rate Hike
Monday Morning Interest Rate Update for December 5, 2022
Financial markets are pricing in another 0.25% increase by the Bank of Canada this Wednesday, but I think a 0.50% hike might actually make more sense.
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.
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.
How Much Higher Will the Bank of Canada Go?
Monday Morning Interest Rate Update for June 6, 2022
The BoC hiked by another 0.50% last week, and its policy statement was more hawkish than expected. In today’s post I offer my take on how high the Bank will go.
The Fed’s Imminent Rate Hike May Cause a Surprising Market Reaction
Monday Morning Interest Rate Update for May 2, 2022
The US Fed is going to raise its policy rate this week, and in today’s post I explain why the bond market may not react as you might initially expect.
Fixed vs Variable: Which One Is Now the Better Bet?
Monday Morning Interest Rate Update for April 25, 2022
Mortgage rates have been on a tear lately and today’s post offers my updated take on the age old fixed vs. variable question.
Five Thoughts on the Bank of Canada’s 0.50% Rate Hike
Monday Morning Interest Rate Update for April 18, 2022
Today’s post offers five key points from the Bank of Canada’s latest communications surrounding its 0.50% policy-rate hike.
How the 2022 Federal Budget Will Impact Our Real-Estate Markets
Monday Morning Interest Rate Update for April 11, 2022
In today’s post I outline the new housing-related measures that were announced in the 2022 federal budget and offer my take on their likely impact.
Is the Bank of Canada about to Hike by 0.50%?
Monday Morning Interest Rate Update for April 4, 2022
The consensus expects the BoC to hike by 0.50% at its next meeting. Today’s post offers my take, and also explains how fixed payment variable-rate mortgages work.
Are Higher Fixed Mortgage Rates Here to Stay?
Monday Morning Interest Rate Update for March 28, 2022
Today’s post compares the risk of borrowing at five-year fixed rates after their recent dramatic rise to the risk that five-year variable rates will surge even higher.
Why Mortgage-Rate Rises Are About to Pack More Punch
Monday Morning Interest Rate Update for March 21, 2022
Today’s post explains why the most recent round of fixed-rate mortgage hikes will impact the market in new and significant ways.
The War in Ukraine Is a Potent Wildcard for Mortgage Rates
Monday Morning Interest Rate Update for March 14, 2022
Russia’s war on Ukraine has the potential to significantly impact the global economy, and relatedly, our mortgage rates.
Five Thoughts on the Bank of Canada’s Rate Hike
Monday Morning Interest Rate Update for March 7, 2022
The Bank of Canada hiked last week and the key questions now are: How fast will its policy-rate rise and how high will it ultimately go?
