September 11, 2023 Last updated on September 11, 2023Categories Monday Morning Mortgage Rate UpdatesHas the Bank of Canada’s Policy Rate Peaked?The Bank of Canada didn't hike last week, but it might need to do so again before this cycle is over. Today's post explains.
September 5, 2023 Last updated on September 5, 2023Categories Monday Morning Mortgage Rate UpdatesWhy Another Bank of Canada Rate Hike Is Still PossibleMost economists expect the BoC to hold its policy rate steady this Wednesday, but the coming decision isn't a slam dunk.
August 8, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesWhy Today’s Job Losses Won’t Change the Bank of Canada’s MindIn this week's post I push back against the notion that last month's job losses will alter the Bank of Canada's policy-rate trajectory.
May 29, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesMonday Mortgage Interest Rate UpdateI was away on vacation this past weekend. Here are a few links to some of my most popular recent posts.
May 1, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesShould Canadians Reconsider a Variable-Rate Mortgage?In today's post I offer my take on whether Canadians should be reconsidering the variable-rate mortgage now that our economic momentum is slowing.
April 24, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesIs the Bank of Canada Painting Itself into a Corner?In today's post I explain why the Bank of Canada's current inflation stance will limit its options rate if rate hikes have more impact than expected.
March 13, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesFive Key Updates for Canadian Mortgage RatesLast week the BoC and the Fed both made hawkish statements and the latest CDN and US employment data beat expectations. So why are bond yields plummeting?
January 30, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesWhy We Shouldn’t Over-React to the Bank of Canada’s Rate-Hike PauseToday's post explains why anyone tracking Canadian mortgage rates should temper their reaction to Bank of Canada's rate-hike pause.