The latest from Rateland
When a central bank stops hiking rates, there inevitably come times when they second-guess themselves. Today is going to be one of them.
The real estate numbers that CREA just dropped displayed a resilience that doesn't jibe with 300-425 bps of rate increases and potential recession. BoC governor Tiff Macklem, who's already publicly stated his upside rate bias, will take notice.
Let's get to the highlights:
This post is for MLN Pro subscribers only
You've successfully subscribed to MortgageLogic.news
Great! Next, complete checkout for full access to MortgageLogic.news
Welcome back! You've successfully signed in.
Unable to sign you in. Please try again.
Success! Your account is fully activated, you now have access to all content.
Error! Stripe checkout failed.
Success! Your billing info is updated.
Error! Billing info update failed.