Posts tagged ‘Mortgage Rates’

  • 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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  • Fixed or Variable? To Be Determined …

    Monday Morning Interest Rate Update for March 16, 2020

    The Bank of Canada and the U.S. Federal Reserve continued to slash their policy rates last week. My next fixed vs. variable simulation will be postponed until these five key questions are answered.

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  • How Much Longer Will the Bank of Canada Stand Pat?

    Monday Morning Interest Rate Update for March 2, 2020

    The Bank of Canada (BoC) meets this week and the consensus believes the Bank will finally cut its policy rate. Today’s post outlines the factors that are driving that view, and offers my take on why I think the BoC will stand pat (tough call though that is).

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  • The Bank of Canada’s Surprising Announcement

    Monday Morning Interest Rate Update for September 9, 2019

    Last week the Bank of Canada (BoC) left its policy rate unchanged, at 1.75%, as the consensus expected, but it also surprised market watchers by maintaining policy-rate language that gave no hint of rate cuts to come.

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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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