Posts tagged ‘mortgage rate forecast’
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 Bank of Canada Blinks
Monday Morning Interest Rate Update for April 26, 2021
The Bank of Canada (BoC) and the bond market were in a stand off over where inflation and interest rates are headed. Until last week, when the BoC blinked.
An Important Week Ahead for Canadian Mortgage Rates (and Real Estate)
Monday Morning Interest Rate Update for April 19, 2021
This week the federal government will release its budget, the BoC will issue latest policy statement, and Stats Can will provide our latest inflation data. Whew!
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 or Variable Mortgage Rate – Which One Should You Choose?
Monday Morning Interest Rate Update for March 8, 2021
The rather sudden widening of the gap between fixed vs. variable mortgage rates makes this a good time to once again compare the two options.
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.
Lockdowns Trigger a Job Loss Spike (and Bond Yields Rise Anyway)
Monday Morning Interest Rate Update for February 8, 2021
Last month saw a spike in job losses, but Government of Canada bond yields rose anyway. Today’s post explains why.
The Path for Mortgage Rates Will Depend on Who Wins the Race Between the Virus and the Vaccines
Monday Morning Interest Rate Update for February 1, 2021
Canadian mortgage rates are at rock-bottom levels The only debate is over how long they will stay there, and the race between the virus and the vaccines will tell the tale.
The Bank of Canada Finds Vaccine-Fueled Hope
Monday Morning Interest Rate Update for January 25, 2021
Here are my thoughts on five of the Bank of Canada’s key messages from last week that are noteworthy for anyone keeping an eye on Canadian mortgage rates.
Will Job Losses Hasten the Bank of Canada’s Next Rate Cut?
Monday Morning Interest Rate Update for January 11, 2021
Our employment recovery stalled out last month, and in this week’s post I offer my take on how that will impact our mortgage rates.
Canadian Mortgage-Rate Forecast for 2021
Monday Morning Interest Rate Update for January 4, 2021
This week’s post offers my mortgage-rate forecast for 2021. (Spoiler alert: I think the consensus has it wrong.)
Happy Holidays
Monday Morning Interest Rate Update for December 21, 2020
I’ll be off until the new year. In the meantime, here are links to my recent blog posts that address five key mortgage questions.
Why Another Bank of Canada Rate Cut May Be on Its Way
Monday Morning Interest Rate Update for December 14, 2020
In today’s post I explain why the odds of another Bank of Canada rate cut have increased of late.
