March 20, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesWhere’s My Rate Drop?Bond yields have plummeted but mortgage rate drops have been slow to materialize. Today's post explains why.
March 6, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesFinally Some Good News for Canadian Variable-Rate Mortgage BorrowersToday’s post explains why there is a zero percent chance that the Bank of Canada will raise its policy rate when it meets this Wednesday.
February 27, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesInflation Falls, But Bond Yields Rise AnywayIn today's post I explain why the Canadian bond market zigged when we would have intuitively expected it to zag based on our latest inflation data.
February 13, 2023 Last updated on August 10, 2023Categories Monday Morning Mortgage Rate UpdatesCanadian Hiring Surge Undermines Rate-Cut BetsToday's post explains why last week's banner Canadian employment headline is causing investors to pare back their bets on Bank of Canada rate cuts in 2023.
July 20, 2020 Last updated on July 22, 2020Categories Monday Morning Mortgage Rate UpdatesThe Bank of Canada’s Surprising Admission That Ultra-Low Mortgage Rates Are Here to StayLast 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 20, 2017 Last updated on August 10, 2023Categories First-time Home Buyers OpinionDocumentation: Refinance & Renewal Transactions for Self-Employed BorrowersHere is a summary of the documentation lenders will typically require from self-employed borrowers on refinance and renewal transactions.
July 20, 2017 Last updated on August 10, 2023Categories First-time Home Buyers OpinionDocumentation: Refinance & Renewal Transactions for Salaried BorrowersHere is a summary of the what lenders generally ask salaried borrowers for on refinance and renewal transactions.
July 20, 2017 Last updated on August 10, 2023Categories First-time Home Buyers OpinionDocumentation: Purchase Transactions for Self-Employed BorrowersHere is a summary of the what lenders generally ask self-employed borrowers for on purchase transactions.