August 31, 2020 Last updated on August 31, 2020Categories Monday Morning Mortgage Rate UpdatesAre We Headed for Too Much Inflation or Not Enough?There are starkly opposing views on whether we will soon have too much inflation or not enough. Today's post summarizes both arguments and offers my take.
August 24, 2020 Last updated on August 24, 2020Categories Monday Morning Mortgage Rate UpdatesDon’t Appreciate the Mortgage Stress Test Yet? Give It TimeThe mortgage stress test hasn't won any popularity contests thus far but appreciation for it may grow in the years ahead.
August 17, 2020 Last updated on August 18, 2020Categories Monday Morning Mortgage Rate UpdatesA Theory on Why CMHC President Evan Siddall Went Rogue Last WeekIn this week’s post I want to focus on a strange and controversial letter that CMHC’s outgoing President Evan Siddall sent to 100 lenders last week.
August 10, 2020 Last updated on August 10, 2020Categories Monday Morning Mortgage Rate UpdatesFixed or Variable? Mortgage Rate Forecast: COVID-19 EditionIt's been a wild rate for Canadian mortgage rates of late and in today's post we take a fresh look at the fixed vs. variable question.
July 27, 2020 Last updated on July 27, 2020Categories Monday Morning Mortgage Rate UpdatesDave Is Currently DocksideI am off communing with nature on a summer break. My next Monday Morning Interest Rate Update will be published on August 10.
July 20, 2020 Last updated on July 22, 2020Categories Monday Morning Mortgage Rate UpdatesThe Bank of Canada’s Surprising Admission That Ultra-Low Mortgage Rates Are Here to StayLast week the Bank of Canada took the unusual step of declaring that low rates are here to stay. Today’s post offers my take.
July 13, 2020 Last updated on July 13, 2020Categories Monday Morning Mortgage Rate UpdatesWhy Our Record Employment Gains Aren’t Impacting Mortgage RatesToday's post explains why our recent record employment growth hasn't impacted our mortgage rates and likely won't for some time yet.
July 6, 2020 Last updated on July 6, 2020Categories Monday Morning Mortgage Rate UpdatesThe Must-Have Mortgage Toolkit for Every Home BuyerToday's post offers links to posts and calculators that will benefit anyone who is actively looking to purchase a home.