Posts from the ‘Opinion’ Category

Today's post explains how conventional borrowers can make a tweak to their next mortgage (at no cost) that will give them much more flexibility than they may have thought possible.

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.

In today's interest-rate environment the age-old debate about fixed versus variable rates has been supplanted by a new question: Should I take a five-year fixed rate or a ten-year fixed rate? Today's post runs three different rate simulations to help you weigh both options.

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.

In today's post, we run simulations to compare the cost of fixed and variable-rate mortgages under different interest-rate projections using current market rates.

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.

It's time to check back in with our Mortgage Rate Simulator. In today's post we run simulations to compare the cost of fixed and variable-rate mortgages under different interest-rate projections.