Monetary Update: The Path Forward For Mortgage Rates
Last week the Bank of Canada made monetary policy announcement that outlines the likely path to Mortgage (fixed & variable) interest rates. Let's break this down into several sections for
Category
Interest Rate & Economic Reports
COVID Waves And Mortgage Rates
The movement of Mortgage rates in Canada are based on a long list of macro-economic policy decisions, locally and abroad. In today's world, many of these policy decisions work
Inflation Outlook: Sleepless Nights
What Do You Think Keeps The Bank of Canada Up At Night? Inflation? Or Deflation? Neither ...It's Stagflation! Let's Talk About It: Inflationary pressure. Deflationary pressure. Stagflation. What
Mortgage Rate Outlook: The Risk
Persistent inflation is a big risk to the Mortgage interest rate outlook in Canada. Check out my previous post that covers how inflation can also play out to be
How Does Inflation Affect Mortgage Interest Rates?
I think you've heard the narrative "inflation is rising" if you've browsed any business news over the past month. You've more than likely heard about the inflated prices of
Market Opportunities
Let's talk about some market opportunities due to the recent fixed interest rate hikes and forward guidance by the Bank of Canada. Before we dive into the opportunities, let's
Is The Bottom Of Fixed Mortgage Interest Rates Behind Us?
Government of Canada bond yields have been rising which is a leading indicator that fixed rate Mortgages are set to respond in kind (and they are). Is the fixed
My Jaw Dropped When This Became Clear …How Is Money Created?
This post isn't about good, bad or right, wrong or should, should not. Or to do with any political opinion or allocation of Government money. This post is
Inflation Outlook
The Bank of Canada (BoC) released their Monetary Policy Report (MPR) for October. Here is a breakdown of their inflation outlook, with commentary related to Calgary's Mortgage and Real