Posts from the ‘Quarterly Mortgage Market Updates and Commentary’ Category
The Mortgage Rules They Are a Changin’
Monday Morning Interest Rate Update for June 25, 2012
Stay on top of where mortgage rates are headed with Dave’s Monday Morning Interest Rate Update for the week of June 25, 2012.
Spring Mortgage Market Update (2012)
Last Updated on November 8th, 2017
The economic turmoil that rages beyond our borders has been a boon for Canadian mortgage rates, and this relationship is the primary reason why I think our rates will stay low for the foreseeable future. But change is still in air for Canadian mortgage borrowers because our federal government and banking regulator both now seem determined to reign in household borrowing at any cost.
Today’s post is my Quarterly Mortgage Market Update. It explains how we got to this fork in the road, details what changes are coming down the pipe, and tries to predict how all of this is likely to affect mortgage borrowers. I then conclude with my usual take on where both fixed and variable-mortgage rates may be headed in future.
Winter Mortgage Market Update (2012)
Last Updated on November 8th, 2017
This week’s post is my latest Quarterly Mortgage Market Update. It focuses on the end of the world’s four-decades old Debt Super Cycle and talks about why Canada is uniquely positioned to weather the deleverging period that we now find oursevles in. As usual, I also offer my view on where fixed and variable rates may be headed in the future.
Fall Mortgage-Market Update (2011)
Last Updated on November 9th, 2017
Today’s post is my Quarterly Mortgage-Market Update. It focuses on the euro-zone crisis and explains why the fear it generates has helped drive Canadian mortgage rates to ultra-low levels. As usual, I wrap up by offering a view on where fixed and variable rates may be headed in future.
Summer Mortgage Market Update (2011)
Last Updated on November 9th, 2017
Today’s post is my Quarterly Mortgage Market Update. It explains how events around the world are affecting our mortgage rates and offers a view on where they may be headed in future.
Spring Mortgage Market Update (2011)
Last Updated on November 9th, 2017
Today’s post is my quarterly update on the state of the Canadian mortgage market. I present both sides of the inflation debate and close with my usual recommendations on both fixed and variable rates going forward.
Mortgage Rules Changes for 2011: What They Are, Why They Matter and How They’ll Be Good For Us…in a Brussel Sprouts Sort of Way
Last Updated on November 9th, 2017
When the federal government recently announced changes to CMHC’s rules for high-ratio mortgage insurance, most of my colleagues voiced strong opposition. I respectfully disagree with their assessments, and in today’s post I tell you why.
Winter Mortgage Market Update (2011)
Last Updated on November 9th, 2017
Today’s post is my quarterly update on the state of the mortgage market. It highlights the challenges being faced in the U.S., China and the EU, and assesses the implications for the Canadian economy, and most importantly, our interest rates.
Ed’s Cry for Help – Are More Changes to Mortgage Rules Coming?
Last Updated on November 9th, 2017
Today’s post looks more deeply into our rising debt levels and offers my best guess at the next round of mortgage rule changes that may be coming as a result.
How the US Lent Its Way to a Housing Bubble and Why It Didn’t Happen Here
Last Updated on September 17th, 2018
Is the constant bad news about US real estate prices influencing your fears of a Canadian housing bubble? If so, it’s understandable. Today’s post looks at the US lending practices that led to their housing bust and compares them to Canada’s lending policies over the same period.
Fall Mortgage Market Update (2010)
Last Updated on December 12th, 2018
Today’s post is my quarterly update on the state of the mortgage market. It focuses on deleveraging, a necessary but painful process that is acting as a drag on economic growth (particularly in the US), and explains why I don’t think rates aren’t going anywhere fast.
Do Higher Interest Rates Cause Lower House Prices?
Last Updated on November 10th, 2017
Most people believe that when interest rates go up, house prices will fall. I did too until I ran the numbers and discovered otherwise. Check out today’s post to learn more about why thirty years of data doesn’t support this widely held belief.
Interest Rates: Why the Sky Isn’t Falling
Last Updated on November 10th, 2017
Today’s post explains why I don’t think interest rates are going anywhere fast and, more importantly, why I think higher rates aren’t likely to hammer the real estate market (as many fear).
Summer Mortgage Market Update (2010)
Last Updated on November 10th, 2017
Today’s post is my quarterly update on the state of the mortgage market. It focuses on how our central back will try to balance the strength of our domestic economy against increasing global economic uncertainty when making future interest-rate decisions.
Being Mark…
Last Updated on March 30th, 2011
Mark Carney and the Bank of Canada will meet next Monday to make the most anticipated interest rate announcement in years. Today’s post explains how the overnight rate works, why it is important, and makes a prediction about what Mr. Carney will do.
