The Bank of Canada held rates today, but fixed mortgages could still rise. Here's the bond market story behind the headline — and what to do about it.
mortgages@markogelo.ca
Canada just landed at #5 on the list of the largest foreign holders of U.S. government debt — $460 billion worth, according to the latest Treasury data. Most ...
Two different interest rate stories are unfolding right now — the BoC overnight rate and the bond market driving fixed rates. Here is how they differ.
Canadian inflation hit 3.0% in July, but almost the entire move traces back to one thing: gas prices tied to overseas shipping disruptions. What a lot of ...
Markets are pricing just a 9% chance of a rate cut at next week's Bank of Canada meeting — but a 53% chance of a hike by December. That flip quietly rewrites ...
The Bank of Canada held at 2.25% — but markets are pricing a hike by December. Here's what Macklem said, what he didn't, and how to choose your term.
Canada added 87,800 jobs in May — the strongest gain since 2024. Here's what it means for interest rates, housing, and your mortgage.
A Middle East flare-up sent oil prices soaring this week — and Canadian mortgage rates felt it. Here's what it means for your renewal or purchase.
Canada’s latest GDP report showed weakness, including a sharp drop in residential investment. But with April showing signs of strength, rate cuts are not ...
March 18, 2026 Bank of Canada Rate Announcement: What It Means for Mortgage Rates The Bank of Canada has held its policy rate at 2.25%, keeping most bank ...
March 18, 2026 I recently read an economic report from Rennie Intelligence that highlighted just how sharply population trends have shifted across Metro ...
Feb 2, 2026 So here we are, with January 2026 firmly behind us—and what a month it was! …Okay, I’m exaggerating. It was actually pretty uneventful. Canada’s ...