The Bank of Canada (BoC) raised its policy rate by 0.75% last Wednesday, and that means our variable-rate mortgages and home-equity ...
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The Federal Reserve is expected to continue raising its policy rate when it meets this week. The bond futures market is pricing in a 0.75% ...
The US Federal Reserve raised its policy rate by another 0.75% last week, and, as I predicted in last week’s post, it also surprised ...
Monetary policy provides a powerful tool for our central bankers to use during tough times. Lowering short-term policy rates helps to ...
I hope that you all enjoyed a happy Thanksgiving weekend. There were several mortgage-related developments last week that were worth ...