December 9, 2024
Bond yields plunged last week, our fixed mortgage rates should drop soon, and there is now broad consensus that the BoC will cut by 0.50% this Wednesday.
Posts from the ‘Monday Morning Mortgage Rate Updates’ Category
December 2, 2024
Today's post provides highlights from our latest GDP data, and offers my take on the implications for Canadian fixed and variable mortgage rates.
November 25, 2024
In this week’s post I explain why I think bond-market investors over-reacted to our slightly higher-than-expected inflation print for October.
November 18, 2024
Today's post explains why our fixed mortgage rates aren't likely to fall farther when universally anticipated Bank of Canada rate cuts materialize.
November 11, 2024
Today’s post offers my take on last week’s key mortgage-related news and explains why I think our fixed and variable mortgage rates are headed in different directions.
November 4, 2024
Today's post explains why I think our fixed mortgage rates may be about to bottom out, and why five-year fixed rates are worth a fresh look.
October 28, 2024
Today's post offers my take on the BoC's 0.50% rate cut and explains why I have changed the advice I am offering to fixed-rate borrowers.
October 21, 2024
In today's post I explain why the Bank of Canada should not hesitate to cut its policy rate by 0.50% when it meets this Wednesday.