The Bank of Canada (BoC) held its policy rate steady last Wednesday. Our mortgage lenders did the same with the prime rates our variable mortgage rates are ...
The Bank of Canada (BoC) is almost certain to hold its policy rate steady when it meets this week. The Bank may also soften its language around the need for ...
Last week Statistics Canada confirmed that our Consumer Price Index (CPI) fell from 3.8% in September to 3.1% in October on a year-over-year (YOY) basis, ...
Last week we learned that US inflation slowed by more than expected in October. The US Consumer Price Index (CPI) fell from 3.7% to 3.2% last month on a ...
Bond yields, and the fixed mortgage rates that are priced on them, have been on a roller coaster lately. After surging higher over the summer months, ...
In today’s post I’ll start by touching on the Fed’s decision to hold steady last week. Then I’ll take a quick look at some key US and Canadian economic ...
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 ...