The Bank of Canada (BoC) reduced its policy rate by 0.50% last Wednesday, from 4.25% to 3.75%. Variable mortgage rates dropped by the same amount shortly ...
Canadian mortgage borrowers have benefitted from some helpful tailwinds of late. The Bank of Canada (BoC) aggressively cut its policy rate, lowering it ...
Last week was packed with news worth noting for Canadians keeping an eye on mortgage rates. Former US President Donald Trump won the US presidential ...
Will fixed mortgage rates keep falling? The consensus thinks they will. I’m not convinced. To explain why, let’s start with a quick recap. The Bank of ...
Last week Statistics Canada confirmed that our Consumer Price Index (CPI) increased to 2.0% in October, above the consensus forecast of 1.9%. The Bank of ...
The US Federal Reserve meets this week, and the market unanimously expects that it will reduce its policy rate for the first time since the start of the ...
Last week the Bank of Canada (BoC) dropped its policy rate from 4.50% to 4.25%, as expected. Our variable mortgage rates fell by the same amount shortly ...
The Bank of Canada (BoC) meets this Wednesday and there is broad consensus that it will cut its policy rate by another 0.25%, lowering it from 4.50% to ...
Last week saw encouraging developments on both sides of the 49th parallel for anyone hoping that Canadian mortgage rates will continue to drop. We learned ...
The latest US economic data have US bond-market investors paring back their bets on a 0.50% rate cut by the US Federal Reserve at its next meeting on ...
Last week Statistics Canada confirmed that our economy continued to shed jobs in July. We lost 2,800 jobs on a net basis last month, following a net loss ...
Bond yields plunged last week as investors repositioned themselves for a US led global economic slowdown. The US economy has been relying on temporary ...