February 22, 2021
In today’s post I explain why fixed mortgage rates are heading higher and offer advice to borrowers on how to navigate the current environment.
Posts from the ‘canada mortgage rates’ Tag
August 10, 2020
It's been a wild rate for Canadian mortgage rates of late and in today's post we take a fresh look at the fixed vs. variable question.
June 1, 2020
In his final speech, BoC Governor Poloz argued that fears about coming economic hardship are overblown. Here is my take on his comments, viewed in part through a mortgage lens.
May 19, 2020
Here are links to five of my most popular recent posts describing the unusual mortgage market we find ourselves in today and how best to navigate through it.
April 6, 2020
If you need a mortgage now and you don’t already have a commitment in place, a variable rate seems like the clear choice. Today's post explains why.
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.
December 9, 2019
The Bank of Canada didn't raise rates last week and it sounded surprisingly optimistic about our economy's prospects. Today's post offers my take.
December 2, 2019
Last week's GDP data came in lower than the Bank of Canada expected but I don't think that will cause the Bank to cut its policy rate when it meets this week.