Will "The Fed" Reconsider?
This post is 9 years old. The data and my views may have since evolved.Until a few weeks ago, it seemed likely that the US Federal Reserve FOMC was well on it way to announcing...
Tagged: Bank of Canada
A drop in the bucket
This post is 9 years old. The data and my views may have since evolved.It looks like the Bank of Canada (BoC) govenor, Stephen Poloz, has decided that Canada’s economy is faltering and needs further...
Will interest rates drop (again) next week?
This post is 9 years old. The data and my views may have since evolved.In one week the governor of the Bank of Canada (BOC), Stephen Poloz, is due to release the Interest Rate Announcement and...
Variable versus Fixed
This post is 9 years old. The data and my views may have since evolved.Buyers often ponder what type of mortgage is best: variable rate or fixed rate. At first glance, a variable rate mortgage...
Have we hit the bottom?
This post is 9 years old. The data and my views may have since evolved.With 5-year variable rates as low as 2.05% (prime minus 0.80%) and 5-year fixed rates at 2.50%, have we finally hit...
What happens if the bank rate is cut again?
This post is 9 years old. The data and my views may have since evolved.According to this news article on CBC, the Bank of America in predicting that the Bank of Canada may be forced...