Posts tagged ‘mortgage advice’

  • Our New Canadian Mortgage Landscape?

    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.

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  • Mortgage Strategies for the Coronavirus Crisis

    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.

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  • The Best Mortgage Product No One is Talking About

    Last Updated on December 14th, 2018

    Conservative borrowers who prefer fixed rates almost always choose a five-year term. In today’s environment, I think there’s a much better deal to be had, even if no one is talking about it. In today’s post, I make my case.

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  • The Mortgage Qualifying Rate (MQR)

    Last Updated on November 9th, 2017

    Borrowers are often surprised to learn that qualifying for a variable-rate mortgage is harder than qualifying for a fixed-rate mortgage, even though the variable rate is lower. To find out why, check out today’s post.

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