Posts tagged ‘COVID-19 mortgage’
Monday Morning Interest Rate Update for May 11, 2020
Today’s post explains how our current run of dramatic job losses has increased the odds that Government of Canada bond yields will eventually fall below 0%.
Monday Morning Interest Rate Update for April 13, 2020
Last week we learned that our economy lost more than 1 million jobs in March. As the significant economic impacts of the lockdown begin to take form, now seems like a good time to speculate on how lenders will adapt their mortgage lending policies to the new reality.
Monday Morning Interest Rate Update for 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.
Monday Morning Interest Rate Update for March 30, 2020
Last week the BoC cut its policy rate by another 0.50% and our policy makers took other unprecedented steps to limit the economic damage being done by COVID-19.
Monday Morning Interest Rate Update for March 23, 2020
Canadian mortgage rates surged higher last week, which surprised borrowers. In today’s post I explain why that happened and offer advice to four different groups of borrowers on how to navigate through the COVID-19 crisis.
Last Updated on March 21st, 2020
Want to learn more about deferred mortgage payment programs? Here are ten key points to know.