I thought the bond market's rate cut bets were too aggressive, and today's post explains why I believe that new rate-hike warnings are a similar over-reaction.
Canadian inflation levelled off last month. While we all hope it will resume a downward path soon, there are signs that it may take longer than expected.
Canadian inflation came in much higher than expected last month but I don't think that will impact our mortgage rates, and in today's post I explain why.
In today's post I explain why the Bank of Canada's first moves to combat higher inflation will impact fixed mortgage rates well ahead of variable mortgage rates.