Posts tagged ‘variable rate mortgages’
Canadian Fixed Mortgage Rates Are About to Rise
Monday Morning Interest Rate Update for February 22, 2021
In today’s post I explain why fixed mortgage rates are heading higher and offer advice to borrowers on how to navigate the current environment.
The Path for Mortgage Rates Will Depend on Who Wins the Race Between the Virus and the Vaccines
Monday Morning Interest Rate Update for February 1, 2021
Canadian mortgage rates are at rock-bottom levels The only debate is over how long they will stay there, and the race between the virus and the vaccines will tell the tale.
Will July’s Surge in Canadian Economic Momentum Continue?
Monday Morning Interest Rate Update for October 5, 2020
Today’s post offers five highlights from the latest Canadian GDP data, which were released by Statistics Canada last week.
Don’t Appreciate the Mortgage Stress Test Yet? Give It Time
Monday Morning Interest Rate Update for August 24, 2020
The mortgage stress test hasn’t won any popularity contests thus far but appreciation for it may grow in the years ahead.
Five Takeaways from the Bank of Canada’s Latest Policy Statement
Monday Morning Interest Rate Update for December 9, 2019
The Bank of Canada didn’t raise rates last week and it sounded surprisingly optimistic about our economy’s prospects. Today’s post offers my take.
