Posts tagged ‘interest rates’

  • Winter Mortgage Market Update (2011)

    Last Updated on November 9th, 2017

    Today’s post is my quarterly update on the state of the mortgage market. It highlights the challenges being faced in the U.S., China and the EU, and assesses the implications for the Canadian economy, and most importantly, our interest rates.

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  • Fall Mortgage Market Update (2010)

    Last Updated on December 12th, 2018

    Today’s post is my quarterly update on the state of the mortgage market. It focuses on deleveraging, a necessary but painful process that is acting as a drag on economic growth (particularly in the US), and explains why I don’t think rates aren’t going anywhere fast.

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  • Do Higher Interest Rates Cause Lower House Prices?

    Last Updated on November 10th, 2017

    Most people believe that when interest rates go up, house prices will fall. I did too until I ran the numbers and discovered otherwise. Check out today’s post to learn more about why thirty years of data doesn’t support this widely held belief.

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  • The Mortgage Deal of the Week

    Last Updated on November 10th, 2017

    Today’s post introduces a new feature on our website called “The Deal of the Week”, which highlights the best mortgage deal currently available. Our inaugural offer is one of the best to come along in a very long time.

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  • Summer Mortgage Market Update (2010)

    Last Updated on November 10th, 2017

    Today’s post is my quarterly update on the state of the mortgage market. It focuses on how our central back will try to balance the strength of our domestic economy against increasing global economic uncertainty when making future interest-rate decisions.

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  • The Liquidity Trap

    Last Updated on November 10th, 2017

    Can rock-bottom interest rates be bad for the economy? It depends. If left low for too long, dangers can emerge, and chief among them is the liquidity trap. To learn more, check out today’s post.

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  • Hybrids – The Safe Mortgage

    Last Updated on November 10th, 2017

    Are we headed for deflation or inflation? If it’s deflation, choose variable, but for runaway inflation, go fixed. Can’t decide which scenario is more likely when even the experts don’t agree? If you’d rather hedge your bets, consider my safe mortgage approach.

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  • Being Mark…

    Last Updated on March 30th, 2011

    Mark Carney and the Bank of Canada will meet next Monday to make the most anticipated interest rate announcement in years. Today’s post explains how the overnight rate works, why it is important, and makes a prediction about what Mr. Carney will do.

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  • Spring Mortgage Market Update (2010)

    Last Updated on November 10th, 2017

    Today’s post is my quarterly update on the state of the mortgage market. In it, I challenge the media’s assertion that everyone should be locking into a fixed rate and explain my theory that variable rate products offer their own form of risk insurance.

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  • The Variable-rate Mortgage – Temptress to Us All

    Last Updated on November 13th, 2017

    Ahh, the variable rate mortgage, temptress to us all. It offers you the lowest borrowing cost in exchange for the security of your locked-in rate. History shows that variable has been the right call for Canadians about 90% of the time, but for the other 10% of the time, history also shows you would have […]

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  • If we really are at the bottom of the current interest-rate cycle then borrowers need to start thinking differently about how they finance their mortgage debt. Locking in a good rate for as long as possible is well worth considering, and to that end, I offer a contrarian’s view of the ten-year fixed-rated mortgage.

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