Mortgage knowledgebase
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What the US Fed’s Pause Will Mean for Canadian Mortgage Rates
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Last week the US Federal Reserve joined the Bank of Canada (BoC) when it shifted to the talk-tough-and-do-nothing phase of its ...

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Should Canadians Reconsider a Variable-Rate Mortgage?
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Last week Statistics Canada confirmed that our GDP increased by 0.1% in February on a month-over-month basis (MoM). The result was a little ...

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Is the Bank of Canada Painting Itself into a Corner?
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Last week Statistics Canada confirmed that our Consumer Price Index (CPI) dropped to 4.3% in March on a year-over-year basis, down from ...

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The Bank of Canada Pushes Back on Bond-Market Expectations
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The Bank of Canada (BoC) held its policy rate steady last week, and that was welcome news for variable-rate borrowers who have watched ...

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Three Recent Posts to Get You Ready for the next Bank of Canada Meeting
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I hope that you enjoyed the break. I took the long weekend off, so there won’t be a new post this week. All eyes will be ...

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Will Strong GDP Growth Bring Higher Mortgage Rates?
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In today’s upside-down world, good news for our economy is bad news for our mortgage rates because it increases the likelihood that the ...

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More Near-Term Rate Hikes Are off the Table (But So Are Rate Cuts)
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When central bankers cranked up their policy rates to combat runaway inflation, they knew that it would create economic pain. You can’t ...

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The Case for Another 0.50% Bank of Canada Rate Hike
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The Bank of Canada (BoC) is expected to raise its policy rate when it meets this Wednesday. The only real question still up for debate is ...

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Has the Bank of Canada’s Policy Rate Finally Peaked?
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The Bank of Canada (BoC) increased its policy rate by another 0.50% last Wednesday, and that means it has now risen from 0.25% on March 1, ...

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2022: The End of the Free Money Era
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What a long, strange trip 2022 has been. At the start of the year, who would have believed that we would now be happy to ...

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Five Posts to Kick Off the New Year
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I hope you had time to relax and recharge over the holiday season. I will be back to my regular Monday Morning Updates ...

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Mortgage-Rate Forecast and Predictions for 2023
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Welcome back! As per tradition, my first post of 2023 will offer some predictions and forecasts for the year ahead but first, some ...

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