Posts tagged ‘mortgage rate forecast’
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.
Five Mortgage Thoughts of the Day
Monday Morning Interest Rate Update for December 7, 2020
This week’s post offers my thoughts on five topics from last week that will impact to Canadian mortgages and rates going forward.
What Will Happen to Canadian Mortgage Rates When the Pandemic Ends?
Monday Morning Interest Rate Update for November 30, 2020
Today’s post challenges the notions that the pandemic will end some time in 2021 and that mortgage rates will move higher soon in anticipation of that outcome.
Why Spiking Inflation Won’t Impact Canadian Mortgage Rates
Monday Morning Interest Rate Update for November 23, 2020
Canadian inflation came in much higher than expected last month but I don’t think that will impact our mortgage rates, and in today’s post I explain why.
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?
Will October Mark the End of Canada’s Employment Recovery?
Monday Morning Interest Rate Update for November 9, 2020
Last Friday Statistics Canada released its latest employment report and estimated that our economy added another 84,000 jobs in October. This result came in a little higher than the consensus forecast of 75,000 but well below the robust increases we saw in September (+378,000) and August (+246,000). The more jobs we recover, the slower the […]
Fixed- or Variable-Rate Mortgage? Right Now It’s No Contest
Monday Morning Interest Rate Update for November 2, 2020
In today’s post I explain why the Bank of Canada’s most recent comments should end the fixed vs. variable debate until face masks are a distant memory.
