US EditionHow Will Delayed US Rate Cuts Impact Canadian Mortgage Rates? - Integrated Mortgage Planners
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Inflation rose in June. DN's economic reporter Hasse Eriksson answers questions about the significance of this for the economy and mortgage interest rates.
·Stockholm, Sweden
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How Will Delayed US Rate Cuts Impact Canadian Mortgage Rates? - Integrated Mortgage Planners
Quick Summary: The US economy added more jobs than expected in June. That job strength will bolster US Federal Reserve Chair Jerome Powell’s plan to be patient with more rate cuts. Meanwhile, the Big Beautiful US budget bill passed. The consensus view is that it will stoke more inflation. Mortgage Advice for Now My advice is unchanged from last week. Fixed rates remain below their long-term averages, and the rate premium that borrowers have hist…
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Total News Sources2
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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