Posts tagged ‘dave the mortgage broker’
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.
