fomc Archives - Mortgage Rates & Mortgage Broker News in Canada

FOMC minutes show Fed remains cautious on rate cuts amid inflation and tariff risks

April 9, 2025 No Comments

The Federal Reserve is in no hurry to cut interest rates, according to minutes from its March meeting. While economic growth remains solid and the labour market is holding up, policymakers expressed growing concern over persistent inflation and the potential impact of tariffs.

U.S. Fed minutes signal cautious approach to rate cuts, January pause likely

January 8, 2025 No Comments

The Federal Open Market Committee’s (FOMC) latest minutes from its December 17-18 meeting reveal a more cautious approach to rate cuts, reinforcing expectations that the central bank will pause its rate cuts in January.

U.S. inflation eased in June: Good news for Canadian mortgage shoppers

July 11, 2024 No Comments

U.S. financial markets got a boost today with a lower-than-expected inflation reading, marking the lowest level since May 2020.

Latest in mortgage news: More education needed on mortgage rates, survey shows

August 17, 2023 No Comments

When it comes to understanding mortgage rates and their impact on monthly payments, many Canadian borrowers have room for improvement.

Renting vs. buying in today’s market: how monthly payments compare

July 27, 2023 No Comments

A new study has found the cost of renting vs. buying comparable housing in select Canadian markets is nearly on par.

Couple worried about hitting trigger rate

Up to 80% of variable-rate borrowers have hit their trigger rate: National Bank

February 2, 2023 No Comments

Nearly 8 in 10 fixed-payment variable-rate borrowers have hit their trigger rate, according to data from National Bank of Canada.

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