Ahead Of Canada’s Interest Rate Announcement
Two weeks ago Stats Canada released a new jobs report. The data within this report is playing a part in determining the future of fixed and variable interest rates in
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Interest Rate & Economic Reports
Economic Update: William Wallace yelling “Hold! Hold!”
Do you remember the scene from Braveheart where William Wallace is yelling "HOLD!!"? The calvary is charging, they have a plan but are waiting for the right moment to unveil
Interest Rate Summary: Bank Rhetoric And Tariff Talk
This article might be of interest to you IF you are ... Renewing your Mortgage. Considering refinancing your Mortgage. Purchasing/selling a home in 6-12 months. Are in a variable rate
Rate Hike Looming. Here’s Why.
It's like walking home with a bad report card. I know I'm in trouble, it's just a matter of time before I get home and my parents find out. People, we
Macro Economic Update: Chad’s Crystal Ball
I'm going to aggregate what I think is key macroeconomic data that is relevant to the Mortgage and Real Estate market here in Canada. I'm doing this to simplify what
What If Scenarios: Mortgage Rule Changes
Question: What if I purchase a new build or resale home, with a possession date after January 1st, 2018? What Mortgage qualifying rules apply to me? Answer: As long as you
Mortgage Rule Changes: A Fair Look
There has been another round of Mortgage rule changes, set to take effect January 1st 2018. Read what they are here. With any decision this large, effecting so many people, in
Let it be so: Mortgage Rules Changes
OSFI: "I'm about to make it more difficult to purchase a home". Calgary's housing market: "I think things are working themselves out? Don't do anything drastic". OSFI: "Hold my beer". Effective January 1st,
What Are Four Issues The BoC Is Monitoring??
Subtitle: Bringing Canada's Economy Home The Bank of Canada (BoC) Governor, Stephen Poloz, spoke in St. John's NL late September. His speech was the first time speaking publicly since raising the