August 8, 2022
Here is my take on how US and Canadian employment momentum (or the lack thereof) will impact Canadian mortgage rates.
Posts from the ‘fixed or variable’ Tag
June 13, 2022
Today's post covers CDN jobs, US inflation, and the contrarian case for inflation and interest rates falling back more quickly than most forecasts predict.
March 22, 2021
Last week's post explained that the bond market and the BoC are currently in a fight about future inflation. In this week's post the US Fed joins the fray.
March 8, 2021
The rather sudden widening of the gap between fixed vs. variable mortgage rates makes this a good time to once again compare the two options.
January 4, 2021
This week's post offers my mortgage-rate forecast for 2021. (Spoiler alert: I think the consensus has it wrong.)
October 6, 2010
Today's post is my quarterly update on the state of the mortgage market. It focuses on deleveraging, a necessary but painful process that is acting as a drag on economic growth (particularly in the US), and explains why I don't think rates aren't going anywhere fast.
June 15, 2010
Are we headed for deflation or inflation? If it's deflation, choose variable, but for runaway inflation, go fixed. Can't decide which scenario is more likely when even the experts don’t agree? If you’d rather hedge your bets, consider my safe mortgage approach.