The central banks in the US and Canada both significantly increased interest rates over the last year, but more recently their paths are diverging. Canada’s i...
The Canadian economy ended 2022 on a flat note, but the early read for January was positive. Real Gross Domestic Product (GDP) flatlined (0.0% annualized) in Q4...
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 was the first annual rate...
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 6.4% on a yearly basis...
Stricter mortgage rules and peaking interest rates have affected a lionshare of borrowers in Canada. In its plan to tame high inflation, the Bank of Canada kick...
The Canadian labour market posted a blowout 150,000 gain in January. This is the largest gain on record (excluding the restart from the COVID shutdown). This ga...
In its first meeting of 2023, the U.S. Federal Reserve announced a 25 basis point interest rate increase. This raises the federal funds rate - which affects lon...
What can mortgage industry trends in 2022 teach us about what we can expect this year?
In 2022, the mortgage industry was ruled by the Bank of Canada’s (BoC) m...
Happy New Year!
On behalf of the entire CMI team, I’d like to welcome you back and wish you and your family a happy and healthy year ahead. We hope that yo...
The past year has been filled with both challenges and triumphs. While lockdowns and restrictions are behind us and life has largely returned to normal, the pos...
