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Canadian Mortgage News Daily — May 19, 2021

Daily news buttletin

Here’s a daily helping of fresh Canadian mortgage news (the italics are the Spy’s 2 cents).

Reader note: RateSpy’s mortgage news is now at → RATESDOTCA.

Latest Mortgage Rate Outlook

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  • Ralph Doncaster says:

    With the strength of the loonie, the BoC isn’t going to raise rates before the fed. CAD/USD has gone from 76c to 83c in just 6 months.

  • Kevin says:

    The loonie has soared because commodity prices have soared. The commodity trend is more inflationary than a higher Canadian dollar. My advice is, forget about the loonie and watch inflation expectations. Those are what the BOC has it’s eye on.

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