Canadian Debt & Jobs: Stable
Hey Everyone, Two updates for you on recent data released by the Bank of Canada (BoC) and Statistics Canada. Bank of Canada press release on they dynamic of household debt. Here.
Category
Mortgage
Calgary Real Estate Update: Change is happening
Hey Everyone, Let's consider the very recent past of Canadian economic happenings, that relate to Calgary Real Estate: Two Mortgage rule changes that suppress home buyer demand. #stresstest Increasing fixed and
TD Raises Their Posted Interest Rate: Why This Matters To You?
Here's a link to a recent news story of TD raising their posted interest rate. TD has a reputation for being THE FIRST Bank to raise interest rates and ask
Reading Into The Bank Of Canada’s Announcement
In the press conference release of the latest Monetary Policy Report (MPR), Governor Stephen Poloz sighted four key sources of risk uncertainty to the Canadian economy: Economic Capacity. Dynamics of
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
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
Market Update: Deviant Data Set
There is one relevant data point that broke away from an annual trend that is worthy to note. Calgary's detached absorption rate has a history of trending down throughout the Winter
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,