Budget 2023: What does it mean for housing finance?
The 2023 federal budget’s discussion of housing affordability largely focused on previously announced housing and housing affordability measures. There was one new housing ...
Read MoreFed hikes interest rates despite banking troubles
At the Federal Open Market Committee (FOMC) meeting on March 22, the US Federal Reserve increased interest rates by 25 basis points. The ...
Read MoreReading the market’s mind
Economists spend a lot of time and effort predicting what central bank policy makers are thinking. Over the past few years, central banks ...
Read MoreStructure your private mortgage deal submission for success
As high interest rates add mounting pressure on borrowers and make it more difficult to qualify for financing from banks and other traditional ...
Read MoreA tale of two banks
The central banks in the US and Canada both significantly increased interest rates over the last year, but more recently their paths are ...
Read MoreEconomic growth was flat in the fourth quarter of 2022
The Canadian economy ended 2022 on a flat note, but the early read for January was positive. Real Gross Domestic Product (GDP) flatlined ...
Read MoreEncouraging news on the Canadian inflation front
Consumer prices rose 0.5% in January, coming in below consensus. The annual rate of inflation slowed to 5.9% from 6.3% in December. It ...
Read MoreUS inflation report fuels rate hike worries
On February 14, the US Consumer Price Index (CPI) report for January came out mostly as expected, with prices up 0.5% month-over-month or ...
Read MoreBeyond ‘bad credit’— Private lending solutions for AAA borrowers
Stricter mortgage rules and peaking interest rates have affected a lionshare of borrowers in Canada. In its plan to tame high inflation, the ...
Read MoreBlowout Canadian jobs report in January
The Canadian labour market posted a blowout 150,000 gain in January. This is the largest gain on record (excluding the restart from the ...
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