Posts from the ‘Opinion’ Category

August 5, 2010

Summer Mortgage Market Update (2010)

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.
July 13, 2010

The Liquidity Trap

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.
May 26, 2010

Being Mark…

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.
May 3, 2010

Spring Mortgage Market Update (2010)

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.