Posts tagged ‘davethemortgagebroker’
Disappointing Employment Data Portend Less Inflation (and Lower Mortgage Rates)
Monday Morning Interest Rate Update for May 10, 2021
Last week’s Canadian and US employment data cast doubt on the market consensus narrative that inflation is about to take off.
Why the Bank of Canada Won’t Hike Before the US Fed
Monday Morning Interest Rate Update for May 3, 2021
The US Federal Reserve still isn’t planning to raise its policy rate for a long time and today’s post explains why that limits the Bank of Canada’s options.
The Stress-Test Rate Used for Uninsured Mortgages Is About to Rise
Monday Morning Interest Rate Update for April 12, 2021
Last week we learned that our banking regulator (OSFI) will increase the stress-test rate for uninsured mortgages on June 1. This post offers my take.
What Can Be Done About Rising House Prices?
Monday Morning Interest Rate Update for April 5, 2021
As house prices continue to soar, many observers are becoming increasingly worried and are imploring policy makers to step in to cool prices. Here are my thoughts.
A Recap of Recent Posts
Monday Morning Interest Rate Update for March 29, 2021
Last week was a slow one for mortgage-rate news, so today I offer a recap of three recent posts.
Central Bank vs. the Bond Market: Round 2
Monday Morning Interest Rate Update for March 22, 2021
Last week’s post explained that the bond market and the BoC are currently in a fight about future inflation. In this week’s post the US Fed joins the fray.
The Fight Between the Bond Market and the Bank of Canada
Monday Morning Interest Rate Update for March 15, 2021
The bond market expected the Bank of Canada to adopt more hawkish language last week, but the Bank had other plans.
Fixed Mortgage Rates Rise on Inflation Fears – But Are These Concerns Warranted?
Monday Morning Interest Rate Update for March 1, 2021
In today’s post I explain why I don’t think higher inflation (and higher fixed mortgage rates) are here to stay.
Canadian Fixed Mortgage Rates Are About to Rise
Monday Morning Interest Rate Update for February 22, 2021
In today’s post I explain why fixed mortgage rates are heading higher and offer advice to borrowers on how to navigate the current environment.
Have Canadian Mortgage Rates Bottomed?
Monday Morning Interest Rate Update for November 16, 2020
The recent run-up in the GoC bond yields that Canadian fixed mortgage rates are priced on raises an important question: Have mortgage rates bottomed?
When Will Canadian Mortgage Rates Rise?
Monday Morning Interest Rate Update for September 21, 2020
The Bank of Canada says that rates are going to stay low for a “long time”. But how long is a “long time”? Today’s post offers my take.
Fixed or Variable? Mortgage Rate Forecast: COVID-19 Edition
Monday Morning Interest Rate Update for August 10, 2020
It’s been a wild rate for Canadian mortgage rates of late and in today’s post we take a fresh look at the fixed vs. variable question.
The Bank of Canada’s Surprising Admission That Ultra-Low Mortgage Rates Are Here to Stay
Monday Morning Interest Rate Update for July 20, 2020
Last week the Bank of Canada took the unusual step of declaring that low rates are here to stay. Today’s post offers my take.
Why Our Record Employment Gains Aren’t Impacting Mortgage Rates
Monday Morning Interest Rate Update for July 13, 2020
Today’s post explains why our recent record employment growth hasn’t impacted our mortgage rates and likely won’t for some time yet.
The Must-Have Mortgage Toolkit for Every Home Buyer
Monday Morning Interest Rate Update for July 6, 2020
Today’s post offers links to posts and calculators that will benefit anyone who is actively looking to purchase a home.
