November 18, 2019
The Bank of Canada's reluctance to cut its policy rate has caused the Loonie to appreciate against other currencies, creating a headwind that has hurt our export sales. The cost of its continued inaction is growing.
Blog
Welcome to Canada's Premier Mortgage Blog
November 11, 2019
Today's post answers an increasingly popular question: Should variable-rate mortgage borrowers lock in a fixed rate now?
November 4, 2019
Today's post offers my take on how the Bank of Canada's latest Monetary Policy Report and accompanying policy statement will impact Canadian mortgage rates.
October 28, 2019
Today's post illustrates the value of a fixed-rate mortgage's flexibility.
October 21, 2019
Last week’s market-moving news centred around the announcement of phase one of a U.S./China trade deal, but a closer look at the details leads me to conclude that any associated boost will likely be short lived.
October 15, 2019
The idea that the Bank of Canada will delay rate cuts for fear that it will increase borrowing and accelerate house-price growth is flawed for two reasons. Today's post explains.
October 7, 2019
Today's post highlights the recent data that are pushing U.S. bond yields lower and explains why this will probably lead to lower Canadian mortgage rates.
September 30, 2019
In today’s post I turn my attention to a key issue for voters in our upcoming federal election: housing affordability.