💡See also: Mortgage Tidbits (below). In the absence of any data worth losing sleep over, Canadian bond yields drifted slightly lower on Monday. They decoupled from U.S. yields, which moved a few ticks higher. Bond traders will start this morning staring at their screens, awaiting direction from Canadian and

💡See also: Mortgage Tidbits (below). The Bank of Japan boosted its benchmark interest rate on Friday to its highest level since 1995. While widely expected, the move nudged U.S. and Canadian yields higher. Closer to home, Canadian retail sales in October missed forecasts, but November data suggest consumers finally

With oil prices near 4+ year lows, many rate-watchers are pondering what that means for mortgage rates. The reality is it's a complex relationship. Oil price moves aren't “good” or “bad” in a consistent way. Whether oil causes monthly payments to shrink or swell boils down

The BoC held the line on rates this morning, and nobody had to feign astonishment. Heading into the decision, overnight swaps were pricing a 94% chance of no move, leaving the remaining 6% for the people who still bet on lottery tickets. "Employment has shown solid gains in the