Posts from the ‘Monday Morning Interest Rate Updates’ Category

  • Happy Family Day Long Weekend

    Monday Morning Interest Rate Update for February 18, 2020

    The terms and conditions in your mortgage contract can have a surprisingly significant impact on your overall borrowing cost. My link in today’s post provides a detailed example.

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  • Is the Mortgage Stress-Test Rate About to Drop?

    Monday Morning Interest Rate Update for February 10, 2020

    Last week TD Bank lowered its posted five-year rate to 4.99%. TD’s move by itself isn’t enough to drop the stress-test rate. Other Big Six banks will need to follow. That’s where this gets interesting.

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