We wanted to start of the new year with some predictions/forecasting on where mortgage rates will go in 2023. But, forecasting is hard at the best of times, and these are not them. If you were to go back and read the top economist predictions back in January of 2022, nobody even came close to what we saw this past year. So, with several grains of salt, here's why I think rates will remain high for much of 2023.  The Labour market is still over heated  Last weeks Canada added... [read more]