June 29, 2020
Last week new BoC Governor Tiff Macklem made his first public comments and he sounded notably less optimistic than his predecessor. Today's post explains.
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Welcome to Canada's Premier Mortgage Blog
June 22, 2020
In today's post I explain why record low mortgage rates now seem inevitable and offer my take on how borrowers can take advantage of the current conditions.
June 15, 2020
Today’s post uses HSBC’s 1.99% offer to explain why the terms and conditions in your mortgage contract can cost you much more than a small difference in rate.
June 8, 2020
Last week CMHC announced that it would tighten its underwriting rules for mortgage-default insurance. Today's post outlines the changes and finds a silver lining.
June 1, 2020
In his final speech, BoC Governor Poloz argued that fears about coming economic hardship are overblown. Here is my take on his comments, viewed in part through a mortgage lens.
May 25, 2020
Last week, CMHC CEO Evan Siddall floated the idea of increasing the minimum down payment required to purchase a residential property from 5% to 10%. Here is my take.
May 19, 2020
Here are links to five of my most popular recent posts describing the unusual mortgage market we find ourselves in today and how best to navigate through it.
May 11, 2020
Today's post explains how our current run of dramatic job losses has increased the odds that Government of Canada bond yields will eventually fall below 0%.