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My Mortgage Blog — Latest Posts
What You Need to Know About the Bona Fide Sale Clause.
Mortgage shoppers who focus only on securing a rock-bottom interest rate may do so at the expense of flexibility that can sometimes save more money over the long run.For some products, this means...
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Will High Inflation Prove to be Temporary? The Bank of Canada Thinks So.
Inflation in Canada is now expected to run a full percentage point above the Bank of Canada’s (BoC) target of 2% through the end of the year. But the central bank believes—for now at least—that...
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House Prices Reaching New Heights. Where to from Here?
Several housing reports have been released over the last couple of weeks, and they all tell the same story: house prices are soaring. Records are being broken on a monthly basis, seemingly...
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Fixed Mortgage Rates on the Rise, While Effective Variable Rates Are Falling
Fixed mortgage rates in Canada have been marching higher over the past couple of weeks, led by a rise in funding costs for mortgage lenders.The main culprit is rising bond yields, which typically lead...
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