Mortgage knowledgebase
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Why Softer US Inflation Doesn’t Change My View on Mortgage Rates
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Last week we received the latest US inflation data, for December, and the results came in at or a little below consensus forecasts. If you ...

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Will the Bank of Canada Raise Again This Week?
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Most forecasters expect the Bank of Canada (BoC) to hike its policy rate by another 0.25% when it meets this Wednesday. The Bank will also ...

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Why We Shouldn’t Over-React to the Bank of Canada’s Rate-Hike Pause
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The Bank of Canada (BoC) hiked by another 0.25% last Wednesday. Its policy rate now stands at 4.50% after the most rapid series of ...

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Was the US Federal Reserve’s Most Recent Hike Really That Dovish?
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The US Federal Reserve raised its policy rate by another 0.25% up to a target range of 4.50% to 4.75%. Anyone keeping an eye on Canadian ...

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Canadian Hiring Surge Undermines Rate-Cut Bets
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Last week we learned the Canadian economy added an estimated 150,000 new jobs in January, ten times higher than the consensus estimate of ...

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Top Five Recent Posts About Mortgage Rates and Inflation
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I hope that you enjoyed the Family Day long weekend. I used the holiday yesterday for its stated purpose, so there won’t ...

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Inflation Falls, But Bond Yields Rise Anyway
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Last week Statistics Canada confirmed that our Consumer Price Index (CPI) fell from 6.3% in December to 5.9% in January on a ...

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Finally Some Good News for Canadian Variable-Rate Mortgage Borrowers
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Let’s start with this week’s most welcome news. There is a zero percent chance that the Bank of Canada (BoC) will raise its policy rate ...

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Five Key Updates for Canadian Mortgage Rates
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Last week was a busy one for anyone keeping an eye on Canadian mortgage rates. We heard hawkish statements from the Bank of Canada (BoC) ...

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Where’s My Rate Drop? | Dave The Mortgage Broker
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The inflation debate has suddenly taken a backseat to concerns about systemic financial risk in both the US and Europe. Within a short ...

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The Fed Hiked and Financial Markets Shuddered
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Last week was an eventful one for anyone keeping an eye on Canadian mortgage rates. The US Federal Reserve announced another jumbo-sized ...

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The Bank of Canada Hikes by Less Than Expected
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The Bank of Canada (BoC) raised its policy rate by 0.50% last week. This was the Bank’s sixth hike thus far in 2022, and its policy rate ...

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