Posts tagged ‘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 […]
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.
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!
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 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.
Happy Family Day
Monday Morning Interest Rate Update for February 16, 2021
Here links to five of my recent posts covering key mortgage-related topics.
