Posts tagged ‘dave the mortgage broker’
A Worst-Case Scenario
Monday Morning Interest Rate Update for January 18, 2021
Every forecast concedes that the path of the virus will determine the fate of all else, before then assuming that it will be brought to heel. But what if it isn’t?
Will Job Losses Hasten the Bank of Canada’s Next Rate Cut?
Monday Morning Interest Rate Update for January 11, 2021
Our employment recovery stalled out last month, and in this week’s post I offer my take on how that will impact our mortgage rates.
Happy Holidays
Monday Morning Interest Rate Update for December 21, 2020
I’ll be off until the new year. In the meantime, here are links to my recent blog posts that address five key mortgage questions.
Why Another Bank of Canada Rate Cut May Be on Its Way
Monday Morning Interest Rate Update for December 14, 2020
In today’s post I explain why the odds of another Bank of Canada rate cut have increased of late.
Five Mortgage Thoughts of the Day
Monday Morning Interest Rate Update for December 7, 2020
This week’s post offers my thoughts on five topics from last week that will impact to Canadian mortgages and rates going forward.
What Will Happen to Canadian Mortgage Rates When the Pandemic Ends?
Monday Morning Interest Rate Update for November 30, 2020
Today’s post challenges the notions that the pandemic will end some time in 2021 and that mortgage rates will move higher soon in anticipation of that outcome.
Why Spiking Inflation Won’t Impact Canadian Mortgage Rates
Monday Morning Interest Rate Update for November 23, 2020
Canadian inflation came in much higher than expected last month but I don’t think that will impact our mortgage rates, and in today’s post I explain why.
Will October Mark the End of Canada’s Employment Recovery?
Monday Morning Interest Rate Update for November 9, 2020
Last Friday Statistics Canada released its latest employment report and estimated that our economy added another 84,000 jobs in October. This result came in a little higher than the consensus forecast of 75,000 but well below the robust increases we saw in September (+378,000) and August (+246,000). The more jobs we recover, the slower the […]
Fixed- or Variable-Rate Mortgage? Right Now It’s No Contest
Monday Morning Interest Rate Update for November 2, 2020
In today’s post I explain why the Bank of Canada’s most recent comments should end the fixed vs. variable debate until face masks are a distant memory.
Canadian Inflation Ticks Higher But Remains Subdued
Monday Morning Interest Rate Update for October 26, 2020
In today’s post I explain why the Bank of Canada’s first moves to combat higher inflation will impact fixed mortgage rates well ahead of variable mortgage rates.
The Bank of Canada Stops Purchasing Canada Mortgage Bonds
Monday Morning Interest Rate Update for October 19, 2020
Last week the BoC announced that it would end its Canada Mortgage Bond (CMB) purchase program. Today’s post explains why that may matter more than most think.
Canadian Employment Surges (But We’re Not out of the Sugar Maples by a Long Shot)
Monday Morning Interest Rate Update for October 13, 2020
Our employment recovery continues at a much stronger pace than expected. Today’s post offers my take on how this may impact Canadian mortgage rates going forward.
Five Must-Read Posts about Canadian Mortgages and Rates
Monday Morning Interest Rate Update for September 28, 2020
Last week was short on news relating to mortgage rates, so this week I’ll highlight five of my recent posts that are worth a read if you missed them the first time around.
Bank of Canada Re-Confirms Ultra-Low Mortgage Rates Are Here to Stay
Monday Morning Interest Rate Update for September 14, 2020
Last week the Bank of Canada confirmed that ultra-low rates are going to be around for the foreseeable future. Today’s post explains.
