May 4, 2020
Many fixed-rate borrowers are wondering if they can save money by breaking their mortgage and switching to a lower rate. Today's post provides some examples to help answer that question.
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Welcome to Canada's Premier Mortgage Blog
April 27, 2020
Most borrowers are surprised to learn that mortgage rates are higher now than they were before the oil price crash and COVID-19. That may finally be changing.
April 20, 2020
Here are five highlights from the Bank of Canada's latest policy statement and Monetary Policy Report with my take on the implications for our fixed and variable mortgage rates.
April 13, 2020
Last week we learned that our economy lost more than 1 million jobs in March. As the significant economic impacts of the lockdown begin to take form, now seems like a good time to speculate on how lenders will adapt their mortgage lending policies to the new reality.
April 6, 2020
If you need a mortgage now and you don’t already have a commitment in place, a variable rate seems like the clear choice. Today's post explains why.
March 30, 2020
Last week the BoC cut its policy rate by another 0.50% and our policy makers took other unprecedented steps to limit the economic damage being done by COVID-19.
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.
March 20, 2020
Want to learn more about deferred mortgage payment programs? Here are ten key points to know.