Mortgage knowledgebase
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Five Key Mortgage-Rate Related Thoughts
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All Canadian mortgage rates moved higher last week. Fixed mortgage rates continued to follow the dramatic run-up in Government of Canada ...

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The Reinvigorated Real-Estate Sector Compelled the Bank of Canada to Hike
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Last week the Bank of Canada (BoC) surprised financial markets by raising its policy rate by another 0.25%. That means Canadian homeowners ...

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Will the Bank of Canada Hike This Week?
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Will the Bank of Canada (BoC) hike its policy rate when it meets this Wednesday? A lot of market watchers suddenly seem to think so. Three ...

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Monday Mortgage Interest Rate Update
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No new post this week (I was away on vacation this past weekend). I’ll be back next Monday with an update on Canadian ...

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Canadian Inflation Re-Accelerates and Mortgage Rates Rise
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The Canadian Consumer Price Index (CPI) increased by 4.4% on a year-over-year basis in April, up from 4.3% in March. That result surprised ...

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Why I’m Still Not Buying the Bond Market’s Rate Cut Bets
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The US Consumer Price Index (CPI) increased by 4.9% on a year-over-year (YoY) basis in April, and by 0.4% on a month-over-month (MoM) ...

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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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