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I took a summer break last week, so there is no new post today.
I’ll be back next week with my take on all the latest mortgage-related news that is fit to print.
Subscribe to Dave's Blog I am an independent full-time mortgage broker and industry insider who helps Canadians from co...Bond-market investors had their eyes on two key developments last week.
The US/Iran Cease-Fire Agreement
The cease-fire agreement appeared fragile the moment it was signed, particularly because Israel and Hezbollah haven’t stopped fighting, and there is scepticism that a resumption of pre-war traffic through the Strait of Hormuz will resume any time soon.
The Bank of Canada (BoC) held its policy rate steady last week, as expected.
The Bank’s policy statement and
Last week Statistics Canada confirmed that our economy added 88,000 new jobs in May, well above the 10,000 expected by the consensus.
The stronger-than-expected employment report was a welcome reprieve from our recent string of downbeat eco...