September 21, 2020
The Bank of Canada says that rates are going to stay low for a "long time". But how long is a "long time"? Today's post offers my take.
Posts from the ‘Monday Morning Mortgage Rate Updates’ Category
September 14, 2020
Last week the Bank of Canada confirmed that ultra-low rates are going to be around for the foreseeable future. Today's post explains.
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.
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.