Posts tagged ‘mortgage rate forecast’
Thoughts on Last Week’s US Federal Reserve Meeting
Monday Morning Interest Rate Update for August 3, 2021
In this week’s post I share five highlights from the US Federal Reserve’s most recent meeting that shed light on its rate-hike timetable.
Mortgage-Rate Primer – Five Key Recent Posts
Monday Morning Interest Rate Update for July 26, 2021
Here is a recap of recent posts in case you missed them the first time around.
My Take on the Bank of Canada’s Latest Forecasts
Monday Morning Interest Rate Update for July 19, 2021
The BoC’s comments last week about the future path of inflation were noteworthy for anyone keeping an eye on mortgage rates. Today’s post offers my take.
Canadian Employment Surges, But Bond Yields Don’t
Monday Morning Interest Rate Update for July 12, 2021
In today’s post I explain why-bond market investors met last week’s banner employment headline with a shrug.
Why the US Employment Data Are Key for Canadian Mortgage Rates
Monday Morning Interest Rate Update for July 5, 2021
In today’s post I explain why the US employment data might well have more impact on Canadian mortgage rates than our own over the near term.
Five-Year Fixed Mortgage Rates Are Back at a Crossroads
Monday Morning Interest Rate Update for June 28, 2021
The five-year GoC bond yield that our five-year fixed mortgage rates are priced on has risen by 20 basis points over the last two weeks. Where will it go from here?
How Will Canadian Mortgage Rates Be Impacted by the Fed’s New Rate-Hike Timetable?
Monday Morning Interest Rate Update for June 21, 2021
The US Federal Reserve moved up its rate-hike timetable last week. US & CDN bond yields spiked in response and in today’s post I offer my take on the implications for our mortgage rates.
Five Observations About the Bank of Canada’s Latest Policy Statement
Monday Morning Interest Rate Update for June 14, 2021
The Bank of Canada didn’t make any major changes to its outlook last week, but its latest policy statement did contain a few noteworthy items.
The US and Canadian Employment Data Disappoint (Again)
Monday Morning Interest Rate Update for June 7, 2021
The latest US and CDN employment reports fell short of expectations once again. Today’s post offers my take on the implications for Canadian mortgage rates.
Fixed or Variable? Let the Current Inflation Debate Be Your Guide
Monday Morning Interest Rate Update for May 31, 2021
In today’s post I outline both sides of the current inflation debate, and explain how it informs my current take on the fixed vs. variable trade-off.
The Stress-Test Rate Increases to 5.25% on June 1
Monday Morning Interest Rate Update for May 25, 2021
Here are links to some of my most popular recent posts.
US Inflation Spikes to Its Highest Level in More Than a Decade
Monday Morning Interest Rate Update for May 17, 2021
The inflation bogeyman has arrived. Last week we learned that the US Consumer Price Index (CPI) spiked to 4.2% in April, coming in well above the consensus forecast of 3.6% and marking its highest reading since September 2008. US core inflation, which strips out the more volatile CPI inputs like food and energy, surged to […]
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!
