The talk of the market this month is how traders are pricing in a decelerating economy and lower interest rates — to which Scotiabank Economics replies, think again. December’s selloffs...

At long last a Big 6 bank has cut its advertised 5-year fixed rate. RBC set the trend today in lowering its “special offer” 5-year fixed rate by 15 basis...

Most consumers are underinformed about HELOCs. 27% of HELOC holders are only making interest-only payments most/all of the time. Too many HELOC holders may be using them to overspend. Those...

A regular consideration when choosing between a fixed or variable rate is the difference between them. As of late that “fixed-variable spread,” as we jargony industry people call it, has...

The Bank of Canada maintains that rates are going higher. Meanwhile, it just slashed Canada’s 2019 growth forecast by a not-so-paltry 0.40 percentage points. Does that strike anyone as a...

The market knew we wouldn’t get a rate hike today. Instead, it was scouring the Bank of Canada’s messaging for guidance on where rates are headed. And the market found...

Five-year Canadian yields are down 60 basis points in two months. Average 5-year fixed mortgage rates are down a measly 4 basis points.* Meanwhile south of the border, where they...

Markets are “well ahead of the data.” …said the world’s most powerful banker Friday. With his comments, Fed chief Jerome Powell reminded everyone that bond markets usually price in economic...

Recessionary warnings from Apple and China, weak U.S. manufacturing data and a plunging stock market accelerated the market rate collapse today. Canada’s 5-year bond yield almost touched 1.75%, where it...

Market rates are diving again. This morning the 5-year bond yield reached its lowest point since 2017. Investors keep rushing into safe assets (i.e., buying bonds) as the stock and...