Robert McLister, Author at Mortgage Rates & Mortgage Broker News in Canada

Mortgage rate pricing: Canada vs. the U.S.

August 3, 2022 No Comments

Sometimes you just don’t know how good or bad you have it. Take the mortgage business, for example.

The fixed vs. variable mortgage rate decision

Fixed vs. variable: How not to lose this mortgage guessing game.

June 19, 2022 No Comments

As some second-guess the “variable-rate advantage,” we’ll hear more people asking things like, “Is it too late to lock in?”

National Bank’s Broker Push Expands Throughout Ontario

April 27, 2022 No Comments

National Bank of Canada expanded its Ontario pilot to all brokers in the province this week, albeit only if you’re an M3 Group broker.

Market Warns of Bank of Canada Policy Error

March 17, 2022 No Comments

Canada’s economy has a bad weed growing in it. It’s called inflation, and our central bank hasn’t pulled it fast enough.

Rate Forecasts are Dubious in the Best of Times, Let Alone These Times

March 9, 2022 No Comments

Moscow’s malevolence and persistent inflation are changing the rate outlook weekly. Divining rate direction, even near-term, has become almost pointless.

Broker with clients worried about rate hikes

Opinion: Rate Hikes Are About to Get Real

February 11, 2022 1 Comment

On Thursday, one of the most-watched interest rates in the world, the U.S. 10-year yield, broke 2% for the first time since summer 2019.

Non-Bank Lender CMLS Launches a HELOC

December 14, 2021 No Comments

For those with 20%+ equity, HELOCs are just about the most popular product in the prime mortgage market. Over 2 million Canadians have one.

insured vs uninsured mortgages in Canada

The Sea Change in Canadian Mortgage Insurance

November 30, 2021 1 Comment

Few realize how dramatically Canada’s mortgage insurance market has changed.

Real Estate’s Double-Edged Sword

November 19, 2021 No Comments

It’s easy to forget the power of leverage. With $100,000 of income, a creditworthy borrower can now qualify for almost three times the mortgage they

CDPQ's M3 Investment Shows Faith in Canadian Mortgage Brokers

CDPQ’s Investment in M3 Shows Faith in Canadian Mortgage Brokers

November 9, 2021 No Comments

Canadian mortgage brokers got a resounding vote of confidence today from one of the biggest investors in Canada. Caisse de dépôt et placement du Québec

Robert McLister