Rates - MortgageLogic.news (Page 10)

January Inflation Boosts Summer Rate Cut Hopes

Robert McLister Feb 20, 2024 0 Comments

🗞️Also in this edition: • OSFI on its 2024 Mortgage Tightening Plans • The Value Zone • Mortgage Bytes We won't swing from the chandeliers just yet, but the fact is, Canada's mortgage market just got precisely what the doctor ordered—significantly better-than-expected inflation. And it came just in

The Bond Boogeyman May Be Less Scary Than We Think for Canada's Spring Market

Robert McLister Feb 15, 2024 0 Comments

Higher yields are spawning ominous headlines like: "Canadian Bond Yields Surge, Mortgage Costs To Climb Ahead of Spring Market." It sounds like a cliffhanger, but the reality is less sensational. At this point, there's no clear indication that rates will shoot up enough to derail the

U.S. CPI Heat Up. Canadian Rate-Cut Hopes Cool Down

Robert McLister Feb 13, 2024 0 Comments

🗞️Also in this edition: • The Value Zone • eHOME is Back • Mortgage Bytes Canada's 5-year yield has been on a comeback tour, giving up more than half of its downward progress since the October high. It's now surged 64 bps in six weeks, and fixed mortgage rates

The Underestimated Risk of Cross-Border Inflation

Robert McLister Feb 06, 2024 0 Comments

If you're waiting for lower mortgage rates, here's a number to remember: 0.89. That's the correlation between Canadian and American inflation this millennium. At a time when U.S. GDP and payrolls are trouncing estimates, that number matters. Economic strength flows over the

U.S. Growth Defies Gravity: Implications for Canadian Cuts

Robert McLister Jan 30, 2024 0 Comments

Fixed-rate funding costs have barely budged for ten days. That's visible in the 4-year swap (below), the closest thing to a fortune teller when it comes to predicting near-term uninsured fixed-rate changes. This week's got three data thrillers that could break us out of this range,

Tag: Rates

January Inflation Boosts Summer Rate Cut Hopes

The Bond Boogeyman May Be Less Scary Than We Think for Canada's Spring Market

U.S. CPI Heat Up. Canadian Rate-Cut Hopes Cool Down

The Underestimated Risk of Cross-Border Inflation

U.S. Growth Defies Gravity: Implications for Canadian Cuts

RBC Mortgage Penalties Skyrocket

Mortgage Memo: Mar. 13

Mortgage Memo: Mar. 12