Blogs about: Rate Forecast
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BMO caves in to Federal govt pressure and raises mortgage rate.
It was bound to happen. BMO announced their so-called ‘low-rate’ (NO FRILLS) 5 yr fixed rate mortgage would be increasing to 3.09% from 2.99%. This comes shortly after the Federal Minis… more →
CanadaMortgageNews.ca
BMO caves in to Federal govt pressure and raises mortgage rate.
wrote 1 month ago: It was bound to happen. BMO announced their so-called ‘low-rate’ (NO FRILLS) 5 yr fixed … more →
Listings down, prices up.... housing bubble?
— 1 comment
wrote 7 months ago: Latest housing stats show listings are down, sales are down… but prices are up, only slightly … more →
A change of strategy... Fixed rates... 5yr or 10 yr?
wrote 1 year ago: For years, I have recommended Variable rate mortgages over Fixed rates. The reasons are simple: Va … more →
The Star reports BMO suggests it's time to lock into fixed rates.... well, maybe..
wrote 1 year ago: I had a discussion with The Toronto Star’s Susan Pigg about Fixed and Variable rates. Click h … more →
CMHC forecasts a healthy housing market for 2012-13.... but fixed mortgage rates have started to climb.
wrote 1 year ago: CMHC issued a report that says the economy will expand at a moderate pace over the next few years, a … more →
Canadians saved $2.7billion on their mortgage by refinancing or renewing this year.
wrote 1 year ago: Variable rate mortgages have been extremely popular. A study by the Canadian Association of Accred … more →
Fixed vs Variable in 2011
wrote 1 year ago: FIXED RATES MAKE MORE SENSE TODAY. If you were in a Variable rate mortgage over the last 2, 3, 5, 1 … more →
BMO Economist forecast no rate hikes til 2013
wrote 1 year ago: More good news…. interest rates are not expected to increase til 2013, according to Bank of Mo … more →
Govt regulator says interest rates extremely attractive...
wrote 1 year ago: We can interpret a sentence to mean several different things… Take for example the following … more →
More Banks raise their variable rates
wrote 1 year ago: BMO has joined RBC in raising their Variable rate mortgage pricing. The Financial Post reports that … more →
Stock market drop and slight recovery.
wrote 1 year ago: Did you know that between July 22nd and August 8th, the TSX index dropped 14%? Did you know that s … more →
US govt debt crisis and a slower Canadian economy
wrote 1 year ago: It seems US has reached a compromise on the debt ceiling and another crisis avoided. President Ob … more →
No surprise, Bank of Canada keeps rate the same
wrote 1 year ago: No real surprise here… Just about everyone expected the BOC to keep the Key Rate unchanged at … more →
TD Economics forecasts no Variable rate hike til 2012
wrote 1 year ago: This week, TD Economics said the Bank of Canada probably won’t raise rates til 2012. How qui … more →
Economic and Real Estate Outlook from Annual Mortgage Broker's conference.
— 3 comments
wrote 2 years ago: On April 14, I attended the annual Independent Mortgage Brokers Association (IMBA) annual conference … more →
NDP polls up and Variable rate mortgages more costly... coincidence?
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wrote 2 years ago: This week, we saw two major mortgage lenders raise their Variable rate pricing from Prime less 0.75% … more →
Inflation rate drops in February and rate hikes pulled back.
wrote 2 years ago: It may seem hard to believe but Canada’s core inflation rate is down in February to lowest le … more →
Scotiabank says Bank of Canada won't move till October
wrote 2 years ago: Last week, the Bank of Canada (BOC) kept it’s Target Rate unchanged for the 4th consecutive me … more →
Bond yields fall after Middle East turmoil
wrote 2 years ago: Earlier this month, we saw Fixed mortgage rates go up and the forecasts were calling for rates to co … more →
