Mortgage knowledgebase
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The Bank of Canada Holds Steady, But More Cuts Should Still Be on the Way
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The Bank of Canada (BoC) held its policy rate at 2.75% last week, which it considers to be the mid-point of its neutral range (the level where it is neither ...

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Why the Bank of Canada Should Cut Its Policy Rate Again This Week
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Bond-market investors do not expect the Bank of Canada (BoC) to cut its policy rate when it meets this Wednesday. They are pricing in 60% odds that the Bank ...

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How Trump’s Tariff Tirade Is Impacting Canadian Mortgage Rates
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Last Wednesday US President Trump announced new tariffs on imports from nearly every country on the planet. Even Heard Island, located off the coast of ...

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Should Canadians Choose a Fixed or Variable Mortgage Rate During a Trade War?
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Last week Statistics Canada released our latest GDP data. The results were better than expected, for the second month in a row, mostly because buyers were ...

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The US Federal Reserve Is as Uncertain as Everybody Else
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Last week the US Federal Reserve left its policy rate unchanged, as expected. The theme in the Fed’s accompanying communications was “uncertainty”. Fed ...

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Thoughts on the Bank of Canada’s Latest Rate Cut
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The Bank of Canada (BoC) cut its policy rate by another 0.25% last week, as expected. Variable-rate mortgage borrowers will see their rates drop by the ...

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Here Comes the Next Bank of Canada Rate Cut
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Last week, Statistics Canada confirmed that our employment growth slowed in February. Our economy generated only 1,100 new jobs. That result was way below ...

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Why Canada’s Strong GDP Growth Hasn’t Impacted Our Mortgage Rates
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Last week Statistics Canada provided a final look at how our economy was evolving in the pre-Trump era. It confirmed that our GDP increased by 2.6% on an ...

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Canadian Inflation Perks Up, But More Rate Cuts Should Still Be on the Way
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The Bank of Canada (BoC) won’t be feeling much Valentine’s Day love for our most recent inflation data, released by Statistics Canada last week. Our ...

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US Inflation Heats Up Ahead of Trump’s Tariff-Related Price Increases
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US inflation increased again in January, for the fourth consecutive month. That continued rise in US prices occurred without any help from US President ...

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Canadian Mortgage-Rate Advice: Trade War Edition
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Trump announced he was slapping 25% tariffs on Canadian imports. Chaos has a way of slowing down time. The Sword of Damocles did not fall on Trump’s first ...

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The BoC’s Latest Rate Cut Is Overshadowed By Trump’s Trade War
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The Bank of Canada (BoC) reduced its policy rate by another 0.25% last Wednesday. Variable-rate mortgage rates decreased by the same amount shortly ...

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