Canada's Mortgage Rates Falling (for now) on US Economy

Canadians could be seeing some relief on fixed mortgage rates as a weaker-than-expected US economy sends bond yields plunging. Yet, risks remain as policy chaos, inflation and a deluge of US debt continue to concern investors. #canadianmortgagerates #canadianeconomy #bankofcanada Links: Treasury Yields Keep Falling Amid Signs of Economic Cooldown: https://www.wsj.com/finance/jgbs-jump-tracking-u-s-treasury-rally-friday-05c26a3c Canada 5 Year Government Bond: https://www.marketwatch.com/investing/bond/tmbmkca-05y?countrycode=bx Bank of Canada offers no lifeboats for drowning mortgagors: https://financialpost.com/real-estate/mortgages/bank-of-canada-no-lifeboats-drowning-mortgagors What's in store for Canadian mortgage rates?: https://www.mpamag.com/ca/mortgage-industry/industry-trends/whats-in-store-for-canadian-mortgage-rates/544817 Treasury yields rise as Powell signals concern about tariffs causing inflation: https://www.cnbc.com/2025/07/30/us-treasury-yields-investors-await-fed-rate-decision-.html White House officials defend firing of labour statistics official as critics warn of trust erosion: https://www.cbc.ca/news/world/white-house-defends-firing-of-labour-stats-head-1.7600666 U.S. Treasury Yields Drift Higher Ahead of Auctions: https://www.barrons.com/livecoverage/stock-market-news-today-080525/card/u-s-treasury-yields-drift-higher-ahead-of-auctions-vljCkrnGZSHqPQIAy8tJ Stocks down in Canada, U.S., Europe as markets react to Trump's latest tariffs: https://www.cbc.ca/news/business/stocks-reaction-markets-1.7599511 U.S. 10 Year Treasury Note: https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx US Treasury yields plunge to one-month low on weak jobs data: https://www.thestandard.com.hk/market/article/308237/ US Notches Worst Three Months for Jobs Growth Since Pandemic: https://www.bloomberg.com/news/articles/2025-08-01/us-adds-73-000-jobs-after-downward-revisions-in-prior-months Stunning revisions show US added 258K fewer jobs than first reported: https://thehill.com/business/5431805-us-job-growth-revised-downward/ Stocks slump, bond yields plunge after weak U.S. jobs report stuns market already rattled by tariffs: https://www.theglobeandmail.com/investing/markets/inside-the-market/market-news/article-premarket-global-shares-tumble-after-trump-tariff-blitz/ Did the Fed just royally screw up?: https://www.cnn.com/2025/08/02/economy/fed-rate-cuts-jobs Brainard: "Core PCE is Heading in the Wrong Direction": https://www.bloomberg.com/news/videos/2025-07-31/brainard-core-pce-is-heading-in-the-wrong-direction-video Fed's preferred inflation gauge shows price increases accelerated in June amid tariff uncertainty: https://finance.yahoo.com/news/feds-preferred-inflation-gauge-shows-price-increases-accelerated-in-june-amid-tariff-uncertainty-124028246.html Fed's preferred inflation gauge shows price increases accelerated in June amid tariff uncertainty: https://finance.yahoo.com/news/feds-preferred-inflation-gauge-shows-price-increases-accelerated-in-june-amid-tariff-uncertainty-124028246.html Donald Trump fires US labour statistics boss after weak jobs report: https://www.ft.com/content/023b5ad5-b946-486d-a55f-36a9a9f62443 Trump slams Powell as 'moron' and calls for Fed's board to take control of policy moves: https://www.foxbusiness.com/politics/trump-slams-powell-moron-calls-feds-board-take-control-policy-moves Trump hits Powell as 'total loser' after Fed leaves rates unchanged: https://www.foxbusiness.com/politics/trump-hits-powell-total-loser-after-fed-leaves-rates-unchanged Labor department’s data upset may have sealed the deal for a Fed interest rate cut: https://fortune.com/2025/08/04/labor-department-data-fed-interest-rate-cut/ Trump blasts ‘Too Late’ Powell: https://www.bostonherald.com/2025/07/31/trump-blasts-too-late-powell/ Hiring Freeze: https://www.whitehouse.gov/presidential-actions/2025/01/hiring-freeze/ Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice.