Last Friday brought some surprising holiday cheer for anyone keeping an eye on Canadian mortgage rates. We learned that overall job growth in both Canada ...

Last Friday Statistics Canada confirmed that our GDP increased by only 1% quarter-over-quarter (QoQ) in Q3, down from 2.2% in Q2. That unspectacular result ...

What a week for Canadian mortgage news. In the span of only five days, we saw Canadian inflation return to the Bank of Canada’s (BoC) 2% target, the US ...

Last week the Office of the Superintendent of Financial Institutions (OSFI), our banking regulator, announced that it will no longer require any renewing ...

Last week provided a reminder of why bond yields and mortgage rates are so difficult to forecast. Government of Canada (GoC) bond yields had been on a ...

The Bank of Canada (BoC) needs to sharply reduce its policy rate, and fast. It currently stands at 4.25%, a level that restricts demand and acts as a drag ...

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 ...