The Bank of Canada (BoC) held its policy rate steady last week, as most of us expected it would, but not without a warning that it would hike again if ...
Last week was a busy one for mortgage-related news and rates. Our banking regulator provided its latest review of its residential mortgage underwriting ...
Last week, Statistics Canada confirmed that our economy added 63,800 new jobs in September, more than three times the consensus forecast of 20,000. Average ...
We received the latest GDP data for both Canada and the US last week, and today’s post will start with my take on how it will likely impact our mortgage ...
There was a lot of mortgage-related news last week. On Tuesday we received the latest inflation data from Statistics Canada. It confirmed that prices ...
Last week we learned that the US Consumer Price Index (CPI) increased to 3.7% year-over-year in August, up from 3.2% in July. It rose 0.6% on a ...
The Bank of Canada (BoC) held its policy rate steady last week. That means our variable mortgage and home-equity line-of-credit rates will remain at their ...
Last week we learned that our Gross Domestic Product (GDP) contracted by 0.2% in the second quarter on an annualized basis, well below both the consensus ...
Fixed mortgage rates rose again last week, and the Bank of Canada (BoC) is expected to hike its policy rate by another 0.25% when it meets this Wednesday. ...
Last week Statistics Canada confirmed that our economy shed approximately 6,000 jobs in July, a far cry from the 20,000 increase that the consensus was ...
The US headline Consumer Price Index (CPI) ticked higher last month, rising from 3.0% in June to 3.2% in July on an annualized basis. That result was a ...
Last week Statistics Canada confirmed that our headline Consumer Price Index (CPI) increased from 2.8% to 3.3% in July (annualized). An inflation uptick ...