Will Dunning, Author at Mortgage Rates & Mortgage Broker News in Canada

A deep-dive of the mortgage stress tests

A deep-dive into the mortgage stress tests: They’re necessary, but the design is flawed

September 29, 2022 1 Comment

This is the second in a two-part series exploring the impact the mortgage stress tests had on borrowers and some additional and unintended risks they have brought about.

A deep-dive into the mortgage stress tests: Did they serve their purpose?

September 27, 2022 1 Comment

In this two-part series, economist Will Dunning explores the premise of the mortgage stress tests and their current relevance in the context of today’s sharply higher interest rates and worsening economic conditions.

The Parliamentary Budget Office Reminds Us that Higher Interest Rates Would Bring Challenges

June 22, 2017 1 Comment

When Interest Rates Inevitably Rise… In a new report on “household indebtedness and financial vulnerability,” the Parliamentary Budget Office (“PBO”) has provided calculations on how

A Dissenting Opinion on the Manulife Bank Survey

May 25, 2017 5 Comments

When Interest Rates Inevitably Rise… Manulife Bank hit an absolute home run with its report on consumer debt. The report was released May 23, in

Does the government really believe there is a serious risk of rates rising?

May 15, 2017 10 Comments

“Watch What I Do, Not What I Say” This is one of the most useful things I learned in high school. Thank you, Mr.

Will Dunning