November 11, 2019
Today's post answers an increasingly popular question: Should variable-rate mortgage borrowers lock in a fixed rate now?
Posts from the ‘Monday Morning Mortgage Rate Updates’ Category
November 4, 2019
Today's post offers my take on how the Bank of Canada's latest Monetary Policy Report and accompanying policy statement will impact Canadian mortgage rates.
October 28, 2019
Today's post illustrates the value of a fixed-rate mortgage's flexibility.
October 21, 2019
Last week’s market-moving news centred around the announcement of phase one of a U.S./China trade deal, but a closer look at the details leads me to conclude that any associated boost will likely be short lived.
October 15, 2019
The idea that the Bank of Canada will delay rate cuts for fear that it will increase borrowing and accelerate house-price growth is flawed for two reasons. Today's post explains.
October 7, 2019
Today's post highlights the recent data that are pushing U.S. bond yields lower and explains why this will probably lead to lower Canadian mortgage rates.
September 30, 2019
In today’s post I turn my attention to a key issue for voters in our upcoming federal election: housing affordability.
September 23, 2019
The U.S. Fed lowered its policy rate again last week and today's post explains why the Bank of Canada will now be hard pressed to match any additional Fed cuts.