Posts tagged ‘Mortgage Rates’
The Latest Inflation Data Are Not as Bad as You Might Think
Monday Morning Interest Rate Update for January 24, 2022
The bond market now assigns 80% odds of a BoC rate hike this week. I continue to take the other side of that bet, and the latest inflation data bolster my view.
Is the Bank of Canada About to Start Raising?
Monday Morning Interest Rate Update for January 17, 2022
There is widespread speculation that the BoC will start to raise its policy rate at its upcoming meeting on January 26. I don’t share that view.
Canadian Mortgage Rate Forecast for 2022
Monday Morning Interest Rate Update for January 10, 2022
In today’s post I explain why five-year variable rates will likely save money versus their fixed-rate equivalents in 2022 (and beyond).
A Busy Year-End Wrap Up
Monday Morning Interest Rate Update for December 20, 2021
Normally the news quiets down as we head into the holidays, but last week was packed with important updates for anyone keeping an eye on mortgage rates.
Five BoC Rate Hikes Next Year? Don’t Think So
Monday Morning Interest Rate Update for December 13, 2021
The Bank of Canada held rates steady last week and also pushed back against the bond market’s bet on a more rapid rate-hike timetable.
Five Key Updates for Mortgage Rates Last Week
Monday Morning Interest Rate Update for December 6, 2021
Last week had five important updates that have implications for our mortgage rates, spanning from Omicron to the latest employment and GDP data.
Bond Yields Plunge in Response to New Outbreak Threat
Monday Morning Interest Rate Update for November 29, 2021
Bond yields plunged on Friday after news of the Omicron coronavirus variant broke. Today’s post explains.
Inflation Rises Again, But Not the Component That Matters Most
Monday Morning Interest Rate Update for November 22, 2021
Our Consumer Price Index (CPI) rose to its highest level in 19 years last month, but CPI the component that matters most of all still lags.
Is It Time for Variable-Rate Borrowers to Lock In?
Monday Morning Interest Rate Update for November 15, 2021
The steady drumbeat of inflation warnings have variable-rate borrowers wondering whether they should lock into a fixed rate. Today’s post offers my take.
Thoughts On Fed Tapering, Job Reports and Rate-Hike Hype
Monday Morning Interest Rate Update for November 8, 2021
Today’s post covers the Fed’s latest policy statement, offers my take on the Oct employment data, and explains why I think the rate-hike hype is all a bit much.
Will the Bank of Canada’s Hawkish Turn Quell Inflation Fears?
Monday Morning Interest Rate Update for November 1, 2021
A self-reinforcing cycle of higher expected inflation leading to higher actual inflation is the primary risk that central bankers now face.
Are Variable-Rate Mortgages Too Risky?
Monday Morning Interest Rate Update for October 25, 2021
Variable mortgage rates can seem like a scary option in these uncertain times, but are they really that risky? My answer might surprise you.
Why Tapering Will Delay Rate-Hike Timetables
Monday Morning Interest Rate Update for October 18, 2021
In today’s post I explain why I believe QE tapering will likely delay rate hikes, rather than portend them.
Canadian Employment Surges and Bond Yields Spike Again
Monday Morning Interest Rate Update for October 12, 2021
The Canadian economy added an impressive number of jobs last month, and our bond yields surged higher on the news. In today’s post I offer my take.
Why Managing Inflation Today Is Such a Sticky Wicket
Monday Morning Interest Rate Update for October 4, 2021
Today’s post explains how central bankers are walking the fine line between stimulating their economic recoveries and managing inflationary pressures.
