We're about to turn the page on what was a challenging year for the mortgage and housing markets. But so far 2019 isn't looking like it will be much better.
Th... Read More...
Floating-rate mortgage holders who had feared the Bank of Canada’s recent full-steam-ahead view towards continued rate hikes can take a breather—at least for no... Read More...
Led by RBC, all of the big banks have now hiked their posted rates since last week by up to 20 bps on fixed terms.
Among the changes, RBC, TD, BMO, Scotiaban... Read More...
It can be a chore to stay on top of the latest mortgage news these days, particularly given the barrage of forecasts and predictions for housing markets in 2018... Read More...
High borrowing rates are a relic.
Canadian regulators may soon force borrowers to qualify at interest rates two percentage points above the contract rate.
... Read More...
Canada's economic engine ultimately determines the mortgage rates we pay. And these days, that engine is running at a lower RPM than in the past.
"Canada's ... Read More...
No one truly knows where interest rates are headed. Yet, despite vast margins of error, all major financial institutions regularly publish rate predictions.
... Read More...
We find rate predictions more fun than astrology (and almost as accurate).
For those who give weight to economists’ rate models, the past month has been intr... Read More...
46% probability of a rate cut Sept. 7.
100% probability of a rate cut by year-end.
That’s what prices of closely-followed overnight index swaps (OIS) were i... Read More...
Over the past few months, major economists have backpeddled on their rate hike predictions.
Not long ago, the consensus of economists was projecting a July 1... Read More...
