March 14, 2021
Mortgage Minute 8: Rising Interest Rates
Over the past month, Canadian Bond yields have hit their highest level in April of last year. As a direct
Economic
How the Canadian economy, inflation and the bond market feed through to mortgage rates and Alberta housing.
Read more- Read moreDecember 14, 2020
Mortgage Minute 6: Interest Rate Update December 2020
While COVID has been the biggest ongoing story of the year and the global pandemic has impacted everyone, there are
- Read moreMarch 28, 2020
Mortgage Minute 3: Canadian Mortgage Rates and COVID-19
Mortgage Rates continue to be in a state of flux with COVID-19. Here is my latest (March 27, 2020) explanation
- Read moreMarch 17, 2020
Mortgage Minute 2: COVID-19 and Mortgage Rates
Two weeks ago the Bank of Canada lowered it’s overnight rate by a half percent. This was the largest single
- Read moreMarch 13, 2020
Fixed Rates on the Rise Despite Covid-19 Scare
The Bank of Canada announced an unplanned change to their overnight rate to take effect Monday March 16, a cut
- Read moreMarch 6, 2020
Big Banks Mirror Bank of Canada Rate Cuts
The Bank of Canada’s move was not predicted by speculators, but is largely believed to have been prompted by the
- Read moreMarch 4, 2020
Bank Of Canada Cuts Rates for First Time Since 2015
The Federal Reserve made an unscheduled rate announcement yesterday and cut their overnight rate by 50 basis points. The Bank
- Read moreMarch 4, 2020
Mortgage Minute 1: Bank of Canada Drops Rates by 50 points
The Bank of Canada cut its overnight rate for the first time in four years. This follows the US Central
- Read moreFebruary 21, 2020
New and Improved Stress Test!
The Department of Finance announced Tuesday changes to the mortgage stress test. “The new benchmark rate will be the weekly
