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Rates

The latest from Rateland

Robert McLister Mar 03, 2023 12:56 PM ET
Markets are pricing in only a 1% chance of a BoC hike at its next rate meeting on Wednesday. Canadian bond investors clearly aren't worried about an inflation resurgence to the same extent as their counterparts down south. Unfortunately, as they often do, U.S. yields have been
Trends

Credit taps slowly tighten

Robert McLister Mar 01, 2023 2:27 AM ET
We've received multiple anecdotal reports of banks cutting back credit card limits for customers who've been paying as agreed. These are high FICO score customers who've had no delinquencies. One can imagine what's happening to folks who have actually missed a payment.
Lender

Bridgewater Bank to compete harder in 2023

Robert McLister Feb 27, 2023 5:19 PM ET
Last year, Jason Provencher, Vice President, National Sales at Bridgewater Bank, knew that surging borrowing costs meant his bank had to react or it would lose market share. “With the sharp rise in rates, less and less people are qualifying and there’s more stress on clients coming up for
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