As is standard on the first of every month, MLN's Amortization Simulator was updated yesterday to reflect the latest market-implied Bank of Canada rate path. Click here for the latest version. The first thing you may notice about the new spreadsheet is that markets still expect 200 bps

Stateside inflation numbers can move Canadian mortgage rates, and today's could do just that. With the bond market desperate for new clues after worrisomely hot January jobs numbers, U.S. CPI came in mixed today.

Mortgage rates typically tumble in recessions. That's why most who pine for lower rates want to know if recession is immiment. The U.S. leading economic indicator (LEI) is just the latest clue of that imminence. Note how it's topped out before recessions — throughout most of

📰In case you missed it → Real Estate Still Grappling With Costly Rates We're all rooting for weaker inflation expectations, especially those who want lower mortgage rates. Among other ways, the Bank of Canada measures those expectations with its business and consumer surveys. And it puts considerable weight on