Posts from the ‘Monday Morning Mortgage Rate Updates’ Category

Why CMHC’s Latest Move is Good for Variable-Rate Borrowers - Monday Morning Interest Rate Update (August 12, 2013)

Why the U.S. Fed's Most Recent Commments Are Good News for Canadian Mortgage Rates - Tuesday Morning Interest Rate Update (August 6, 2013)

Variable-Rate Mortgage Simulation: A Detailed Look at the Risk/Reward Trade-Off - Monday Morning Interest Rate Update (July 22, 2013)

U.S. Fed Chairman Bernanke Talks Bond Yields Down. Will Mortgage Rates Follow? Monday Morning Interest Rate Update (July 15, 2013)

Why the Variable-Rate Mortgage Is Looking Better All the Time - Monday Morning Interest Rate Update (July 8, 2013)

Last week borrowers saw five-year fixed-mortgage rates rise, and then rise again, ending the era of sub-3% five-year fixed rates … at least for the time being. Lenders raised their rates in reaction to surging Government of Canada (GoC) five-year bond yields, which have now increased by 66 basis points over the last seven weeks. As a first step toward understanding what all this means for our mortgage rates over the short and medium term, let’s start by taking a look at how we got to this point. The run-up in five-year GoC bond yields has occurred in three distinct phases which were fueled by separate but mutually reinforcing factors: I am an independent full-time mortgage broker and industry insider who helps Canadians from coast to coast. If […]

Fixed Rates Move Up and Variable Rates Look Better By Comparison - Monday Morning Interest Rate Update (June 17, 2013)

A Look Behind Canada’s Near Record-Breaking Employment Report - Monday Morning Interest Rate Update (June 10, 2013)