September 8, 2020
Here are five quick thoughts on the latest Canadian employment data and an update on what happened with mortgage rates last week.
Posts from the ‘Monday Morning Mortgage Rate Updates’ Category
August 31, 2020
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
The mortgage stress test hasn't won any popularity contests thus far but appreciation for it may grow in the years ahead.
August 17, 2020
In 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
It'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
I 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 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
Today's post explains why our recent record employment growth hasn't impacted our mortgage rates and likely won't for some time yet.