The Longer the First Rate Cut Takes, the Lower Our Variable Mortgage Rates Will Go

Last week the Bank of Canada held its policy rate steady at 5%.

Read More

The Bank of Canada’s First Rate Cut Should Not Be Far Off

It will be a shock if the Bank of Canada moves its policy rate when it meets this week.

Read More

Why Canadian Fixed and Variable Mortgage Rates May Be Heading in Different Directions

Read More

Is Canadian Employment Really as Strong as It Looked Last Month?

A closer look at the data suggests a soft landing may still be elusive. 

Read More

Why A Recession Is Still the Most Likely Outcome

Last week continued a run of surprisingly strong economic data on both sides of the 49th parallel.

Read More

Five Key Takeaways from the Bank of Canada’s Latest Update

The Bank of Canada held its policy rate at 5% last week, as expected.

Read More

When Will the Bank of Canada Start to Cut?

The Bank of Canada (BoC) isn’t expected to cut its policy rate when it meets this Wednesday, so the focus this time will be for hints on the timing of when the first one will...

Read More

The Bank of Canada’s Inflation Pickle

Shelter costs are the biggest component of inflation - so will the Bank of Canada start to measure inflation without it, knowing its own rate moves have an impact?

Read More

Canadian Mortgage and Real-Estate Predictions for 2024

This week's Canadian mortgage news and tips from expert David Larock.

Read More

Canadian Mortgage Rates Are Set to Drop Again (Thanks to the US Fed)

The year ends with a likely change to the higher-for-longer interest-rate view.

Read More

Five Key Take-Aways from the Bank of Canada’s Latest Policy-Rate Decision

This week's Canadian mortgage news and tips from expert David Larock.

Read More

The Canadian Economy Is Topping Out. Mortgage Rates Are Too.

This week's Canadian mortgage news and tips from expert David Larock.

Read More

Cooling Inflation Data Are Good News for Canadian Mortgage Rates

This week's Canadian mortgage news and tips from expert David Larock.

Read More

More Good News for Canadian Fixed Mortgage Rates

This week's Canadian mortgage news and tips from expert David Larock.

Read More

Canadian Fixed Mortgage Rates Fell (But by Less Than Expected)

This week's Canadian mortgage news and tips from expert David Larock.

Read More

Canadian Fixed Mortgage Rates Are (Finally) Falling

This week's Canadian mortgage news and tips.

Read More

Mortgage Rate Update: What to Make of the Bank of Canada’s Hawkish Hold

This week's Canadian mortgage news and tips.

Read More

Why Fixed vs. Variable is Getting More Interesting + Five Key Mortgage Updates

This week in Canadian mortgage news and tips.

Read More

Why Higher Fixed Mortgage Rates Make Additional Policy-Rate Hikes Less Likely

Weekly update on the latest in Canadian mortgage news and numbers.

Read More

Thoughts on Diverging US/CDN Economic Momentum, the Mortgage Stress Test, and an Unfair Policy Trapping Many Mortgage Borrowers

We received the latest GDP data for both Canada and the US last week, and today’s post will start with my take on how it will likely impact our mortgage rates over the near term.

Read More

Thoughts on Inflation, Bond Yields, Rate-Hike Prospects, and Where Canadian Mortgage Rates Are Headed

There was a lot of mortgage-related news last week.

Read More

US Inflation Rises Ahead of the Federal Reserve’s Meeting This Week

What this week's news means for Canadian mortgage borrowers.

Read More

Has the Bank of Canada’s Policy Rate Peaked?

The Bank of Canada (BoC) held its policy rate steady last week. That means our variable mortgage and home-equity line-of-credit rates will remain at their current levels, at least...

Read More

Why Another Bank of Canada Rate Hike Is Still Possible

Last week we learned that our Gross Domestic Product (GDP) contracted by 0.2% in the second quarter on an annualized basis, well below both the consensus forecast of +1.2% and the...

Read More

Canadian Inflation Rises - Will Mortgage Rates Follow?

Last week Statistics Canada confirmed that our headline Consumer Price Index (CPI) increased from 2.8% to 3.3% in July (annualized).

Read More

US Inflation Rises, and Canadian Inflation Is About to Follow

Your Weekly Canadian Mortgage Update

Read More

Why Today’s Job Losses Won’t Change the Bank of Canada’s Mind

Last week Statistics Canada confirmed that our economy shed approximately 6,000 jobs in July, a far cry from the 20,000 increase that the consensus was anticipating.

Read More

Why Canadian Inflation Is About to Move Higher

Weekly Interest Rate Update

Read More

The Bank of Canada Tightens Again

The Bank of Canada (BoC) hiked its policy rate by another 0.25% last Wednesday, as widely expected. That means our variable mortgage rates will increase by the same amount in...

Read More

Mortgage Advice: The Best of Today’s (Lousy) Mortgage-Rate Options?

Fixed mortgage rates rose again last week, and the Bank of Canada (BoC) is expected to hike its policy rate by another 0.25% when it meets this Wednesday.

Read More

Canadian Mortgage Rate Update: A Busy Week for New Economic Data

Last week included several data releases that were noteworthy for anyone keeping an eye on Canadian mortgage rates.

Read More

Update: Should You Choose a Fixed- or Variable-Rate Mortgage?

If you’re in the market for a mortgage today, you may be experiencing some sticker shock now that mortgage rates have risen to their highest levels in about twenty years.

Read More

Five Key Mortgage-Rate Related Thoughts

All Canadian mortgage rates moved higher last week.

Read More

The Reinvigorated Real-Estate Sector Compelled the Bank of Canada to Hike

Last week the Bank of Canada (BoC) surprised financial markets by raising its policy rate by another 0.25%. 

Read More

Will the Bank of Canada Hike This Week?

Will the Bank of Canada hike its policy rate when it meets this Wednesday?

Read More

Canadian Inflation Re-accelerates and Mortgage Rates Rise

The Canadian Consumer Price Index (CPI) increased by 4.4% on a year-over-year basis in April, up from 4.3% in March.

Read More

Why I’m Still Not Buying the Bond Market’s Rate Cut Bets

The US Consumer Price Index (CPI) increased by 4.9% on a year-over-year (YoY) basis in April, and by 0.4% on a month-over-month (MoM) basis.

Read More

What the US Fed’s Pause Will Mean for Canadian Mortgage Rates

Last week the US Federal Reserve joined the Bank of Canada (BoC) when it shifted to the talk-tough-and-do-nothing phase of its monetary-policy cycle.

Read More

Should Canadians Reconsider a Variable-Rate Mortgage?

Last week Statistics Canada confirmed that our GDP increased by 0.1% in February on a month-over-month basis (MoM).

Read More

Is the Bank of Canada Painting Itself into a Corner?

Last week, Statistics Canada confirmed that our Consumer Price Index (CPI) dropped to 4.3% in March on a year-over-year basis, down from 5.2% in February and well below the peak...

Read More

The Bank of Canada Pushes Back on Bond-Market Expectations

The Bank of Canada (BoC) held its policy rate steady last week, and that was welcome news for variable-rate borrowers who have watched their rates increase by 4.25% over the past...

Read More

Three Recent Posts to Get You Ready for the next Bank of Canada Meeting

All eyes will be on the Bank of Canada (BoC) when it meets this Wednesday.

Read More

Will Strong GDP Growth Bring Higher Mortgage Rates?

In today’s upside-down world, good news for our economy is bad news for our mortgage rates because it increases the likelihood that the Bank of Canada (BoC) will either hike its...

Read More

More Near-Term Rate Hikes Are off the Table (But So Are Rate Cuts)

When central bankers cranked up their policy rates to combat runaway inflation, they knew that it would create economic pain.

Read More

Where’s My Rate Drop?

The inflation debate has suddenly taken a backseat to concerns about systemic financial risk in both the US and Europe.

Read More

Five Key Updates for Canadian Mortgage Rates

Last week was a busy one for anyone keeping an eye on Canadian mortgage rates.

Read More

Finally Some Good News for Canadian Variable-Rate Mortgage Borrowers

Let’s start with this week’s most welcome news.

Read More

Inflation Falls, But Bond Yields Rise Anyway

Last week Statistics Canada confirmed that our Consumer Price Index (CPI) fell from 6.3% in December to 5.9% in January on a year-over-year (YoY) basis.

Read More

Canadian Hiring Surge Undermines Rate-Cut Bets

Last week we learned the Canadian economy added an estimated 150,000 new jobs in January, ten times higher than the consensus estimate of 15,000.

Read More

Was the US Federal Reserve’s Most Recent Hike Really That Dovish?

The US Federal Reserve raised its policy rate by another 0.25% up to a target range of 4.50% to 4.75%.

Read More

Why We Shouldn’t Over-React to the Bank of Canada’s Rate-Hike Pause

The Bank of Canada (BoC) hiked by another 0.25% last Wednesday. 

Read More

Will the Bank of Canada Raise Again This Week?

Most forecasters expect the Bank of Canada (BoC) to hike its policy rate by another 0.25% when it meets this Wednesday.

Read More

Why Softer US Inflation Doesn’t Change My View on Canadian Mortgage Rates

Last week we received the latest US inflation data, for December, and the results came in at or a little below consensus forecasts.

Read More

Mortgage-Rate Forecast and Predictions for 2023

Expect more volatility over the next 12 months, where good news equals bad news, and both pivots - and crashes - aren't likely. 

Read More

2022: The End of the Free Money Era

What a long, strange trip 2022 has been.

Read More

Has the Bank of Canada’s Policy Rate Finally Peaked?

The current policy rate is now 4.25% - what's next in the new year?

Read More

The Case for Another 0.50% Bank of Canada Rate Hike

This week, the Bank will be meeting to decide where our interest rates will go next.

Read More

Canadian Mortgage Primer: All About Trigger Rates

What you need to know - and why these rates are different from what we saw in 2008 south of the border.

Read More

Canadian Inflation Stopped Cooling Last Month

But it make take some time before inflation starts dropping.

Read More

Champagne Corks Pop in Response to Latest US Inflation Data

Why the celebration is likely premature - and what Canadian mortgage borrowers should do now.

Read More

The Fed Hiked and Financial Markets Shuddered

Last week was an eventful one for anyone keeping an eye on Canadian mortgage rates.

Read More

The Bank of Canada Hikes by Less Than Expected

Why this isn't the pivot that some have been anticipating.

Read More

Why the Bank of Canada is About to Hike by Another 0.75%

Short-term options for mortgage borrowers do not look enticing - when might things begin to change?

Read More

What the US Inflation Surprise Means for Canadian Mortgage Rates

US and Canadian bond yields continued their seemingly inexorable rise last week.

Read More

Five Mortgage-Rate Thoughts from Last Week

I hope that you all enjoyed a happy Thanksgiving weekend.

Read More

Why Central Bankers Must Now Let the Fires Burn

And what it means for Canadian mortgage holders.

Read More

The US Fed Raises and Warns It Isn’t Done Yet

And why Canada's rate hiking cycle may not last as long.

Read More

Expect Some Tough Love from the US Federal Reserve This Week

Why I believe the US Federal Reserve will surprise markets with more-hawkish-than-expected policy-rate language this week.

Read More

Five Mortgage-Related Thoughts on the Bank of Canada’s Latest Rate Hike

What's happening now and what is likely to happen next.

Read More

The Bank of Canada’s Rate-Hike Impacts Are Intensifying

All eyes will be on the Bank of Canada (BoC) when it meets this week.

Read More

Why the Bank of Canada and the Bond Market Are Both Half Right (and Half Wrong)

And why I have decided to alter my near-term rate forecast.

Read More

How the Latest Employment Data Will Impact Our Mortgage Rates

Here is my take on how US and Canadian employment momentum (or the lack thereof) will impact Canadian mortgage rates.

Read More

Inflation, a Labour Bubble, and Another Fed Rate Hike

In today’s post I focus on three economic signposts and explain how they inform my outlook for Canadian fixed and variable mortgage rates.

Read More

Five Thoughts on the Bank of Canada’s Jumbo Rate Hike

Here are five key observations relating to last week’s jumbo-sized Bank of Canada rate hike.

Read More

The Bank of Canada Is About to Hike Again

Why a 0.50% increase by the Bank of Canada is a better option than the 0.75% hike the consensus expects this Wednesday.

Read More

New Mortgage-Rule Changes: HELOCs & Reverse Mortgages

Authorities try to reduce the risk of mortgage borrower distress given potential home price drops - but fail to address one rising risk.

Read More

Gas Prices Are Going Nuts (In Case You Hadn’t Noticed)

A detailed look at last month's inflation data and the implications for Canadian mortgage rates.

Read More

Straight Talk From Our Central Bankers

Let’s try something different this week.

Read More

Inflation, Jobs, and Mortgage Rates

A contrarian case for inflation and interest rates falling back more quickly than most forecasts predict.

Read More

What is Happening with Inflation and Mortgage Rates?

Here's a quick recap to ensure you are on top of the latest news you need to know.

Read More

Inflation on the Brain

The Bank of Canada (BoC) has faced plenty of criticism of late. What does this mean for fixed and variable mortgage rates going forward?

Read More

US Inflation Falls in April (Sort of)

Surging prices continue to dominate the headlines, but last week’s US inflation data offered the first glimmer of hope that inflation may finally have peaked.

Read More

Five Thoughts on Last Week’s Mortgage-Related News

And what it means for Canadian mortgages.

Read More

The US Fed’s Imminent Rate Hike May Cause a Surprising Market Reaction

Canadian mortgage rates have been on a tear lately.

Read More

Fixed vs Variable: Which One Is Now the Better Bet?

Mortgage rates have surged higher of late.

Read More

Five Thoughts on the Bank of Canada’s 0.50% Rate Hike

Today's post offers five key points from the Bank of Canada's latest communications surrounding its 0.50% policy-rate hike.

Read More

How the 2022 Federal Budget Will Impact Our Real-Estate Markets

In today’s post I outline the new housing-related measures that were announced in the 2022 federal budget and offer my take on their likely impact.

Read More

Are Higher Fixed Mortgage Rates Here to Stay?

Today's post compares the risk of borrowing at five-year fixed rates after their recent dramatic rise to the risk that five-year variable rates will surge even higher.

Read More

Why Mortgage-Rate Rises Are About to Pack More Punch

Today’s post explains why the most recent round of fixed-rate mortgage hikes will impact the market in new and significant ways.

Read More

The War in Ukraine is a Potent Wildcard for Mortgage Rates

Russia's war on Ukraine has the potential to significantly impact the global economy, and relatedly, our mortgage rates.

Read More

Five Thoughts on the Bank of Canada’s Rate Hike

The Bank of Canada hiked last week and the key questions now are: How fast will its policy-rate rise and how high will it ultimately go?

Read More

The Bank of Canada Is About to Start Hiking. Now What?

I expect the BoC to hike its policy rate this Wednesday, and in today's post I offer my take on whether variable-rate borrowers should respond by locking in.

Read More

Top Five Recent Posts About Mortgage Rates and Inflation

Your recent mortgage must-knows all in one place!

Read More

When Will US Inflation Peak?

US inflation surged higher last week and took our fixed mortgage rates along for the ride. In today's post, I explain why US inflation fear may soon peak out.

Read More

Why CDN Bond Yields Surged Despite Big Job Losses

Our economy shed 200,000 jobs in January. Strangely, GoC bond yields surged higher on the same day that news was released, and today’s post explains why.

Read More

The Bank of Canada Will Be Live at Its Next Meeting

The BoC just confirmed that it will soon begin to raise its policy rate. The key questions for variable-rate mortgage borrowers are: How fast and by how much?

Read More

The Latest Inflation Data Are Not as Bad as You Might Think

The bond market is now assigning about 80% odds of a BoC rate hike this Wednesday. I continue to take the other side of that bet, and the latest inflation data helps support my...

Read More

Is the Bank of Canada About to Start Raising?

There is widespread speculation that the Bank of Canada (BoC) will start to raise its policy rate at its upcoming meeting on January 26.

Read More

Canadian Mortgage Rate Forecast for 2022

Why five-year variable rates will likely save money versus their fixed-rate equivalents in 2022 (and beyond).

Read More

A Busy Year-End Wrap Up

Normally the news quiets down as we head into the holidays, but last week was packed with important updates for anyone keeping an eye on mortgage rates.

Read More

Five BoC Rate Hikes Next Year? Don’t Think So.

The Bank of Canada held rates steady last week and also pushed back against the bond market’s bet on a more rapid rate-hike timetable.

Read More

Five Key Updates for Mortgage Rates Last Week

Last week had five important updates that have implications for our mortgage rates, spanning from Omicron to the latest employment and GDP data

Read More

Bond Yields Plunge in Response to New Outbreak Threat

Bond yields plunged on Friday after news of the Omicron coronavirus variant broke. 
Read More

Inflation Rises Again, But Not the Component That Matters Most

Our Consumer Price Index (CPI) rose to its highest level in 19 years last month, but the CPI component that matters most of all still lags.

Read More

Is It Time for Variable-Rate Borrowers to Lock In?

The steady drumbeat of inflation warnings have variable-rate borrowers wondering whether they should lock into a fixed rate.

Read More

Thoughts On Fed Tapering, Job Reports and Rate-Hike Hype

Today’s post highlights what the US Fed said last week, offers my take on the latest US and CDN employment data, and explains why I think the rate-hike hype is getting to be a bit...

Read More

Will the Bank of Canada’s Hawkish Turn Quell Inflation Fears?

A self-reinforcing cycle of higher expected inflation leading to higher actual inflation is the primary risk that central bankers now face.

Read More

Are Variable-Rate Mortgages Too Risky?

Variable mortgage rates can seem like a scary option in these uncertain times, but are they really that risky? My answer might surprise you.

Read More

Why Tapering Will Delay Rate-Hike Timetables

While bonds and the fixed-mortgage rates they are based on may rise, policy rate hikes - and variable rate rises - are less likely.

Read More

Canadian Employment Surges and Bond Yields Spike Again

Here's what this may mean for our mortgage rates.

Read More

Why Managing Inflation Today Is Such a Sticky Wicket

Will continuing inflation worries in the wake of Covid-19 lead to tightening monetary policy - and the resulting impacts on mortgage rates?

Read More

The US Fed Talks Taper and Bond Yields Soar

What America's top financial body's next move may mean for Canadian mortgage rates.

Read More

Thoughts on Inflation (and Its Impact on Mortgage Rates)

Inflation will likely be a longer-term issue for Canada - but it may not affect our interest rates immediately.

Read More

Federal Election Primer: Mortgage-Specific Proposals

Of the many measures being put forward, which proposals will actually help Canadians with housing affordability?

Read More

The Bank of Canada’s Tough Spot

It's hard for the Bank not to acknowledge that our economy is stalling and that rates will likely need to stay put.
Read More

The US Fed Maintains Its Slow-and-Steady Approach

 Why US authorities are going slow on winding up Covid economic responses - and how our mortgage rates will be affected.
Read More

The Current Case for Variable-Rate Mortgages

There is much to suggest that rates will remain low - provided borrowers can tolerate the risk.
Read More

US Inflation Still Hot, But Leveling Off

While North American inflationary pressures in the wake of Covid-19 are a risk - there are signs that such pressures - and the impact they may have on our mortgage rates - may be...

Read More

Employment Growth Surges, But So Do US Infection Rates

Why Canada and US vaccination rates may impact our economic recoveries - and our mortgage rates - more than job reports normally do.
Read More

Thoughts on Last Week’s US Federal Reserve Meeting

Why it is unlikely that the the Bank of Canada will raise the rates that affect our mortgages ahead of its US counterpart.

Read More

Mortgage-Rate Primer: Five Key Recent Posts

Here's the latest on news and developments  that may impact Canadian mortgage rates. 

Read More

My Take on the Bank of Canada’s Latest Forecasts

How the Bank's thinking may impact our mortgage rates. 
Read More

Canadian Employment Surges, But Bond Yields Don’t

The numbers suggest an economic recovery is underway, will higher mortgage rates follow?

Read More

Why the US Employment Data Are Key for Canadian Mortgage Rates

A key factor to watch will be the cost of worker wages which have risen as the economy re-opens.

Read More

Five-Year Fixed Mortgage Rates Are Back at a Crossroads

Bond yields are moving up, but trends, from US in particular, will also impact where Canadian fixed mortgage rates go.
Read More

How Will Canadian Mortgage Rates Be Impacted by New US Rate Timetable?

The US Federal Reserve has moved up its projected increases up from 2023 to 2024 as debate over inflationary pressures continues.

Read More

Five Observations About the Bank of Canada’s Latest Policy Statement

The Bank of Canada (BoC) held a steady course at its meeting last week, but where will mortgage rates go from here?

Read More

The US and Canadian Employment Data Disappoint (Again)

Latest economic data suggests Canadian mortgage rates will hold steady.

Read More

Fixed or Variable Mortgage? Let the Current Inflation Debate Be Your Guide

With even experts mixed on where inflation will go, mortgage holders should dig into the debate to decide for themselves.

Read More

The Mortgage Stress-Test Rate Increases to 5.25% On June 1st

Out catching rays? Here's a quick catch-up on key news that relates to your mortgage.

Read More

US Inflation Spikes to Its Highest Level in More Than a Decade

The inflation bogeyman has arrived - but does that mean higher mortgage rates?

Read More

Disappointing Canada Employment Data Portends Less Inflation (and Lower Mortgage Rates)

Lower Canada jobs numbers could be attributed to our continued lockdowns - but why is the US jobs recovery also lagging amidst high vaccination rates?

Read More

Why the Bank of Canada Won’t Hike Before the US Fed

In spite of the BoC's most recent statement signalling earlier rate hikes, variable rate mortgage borrowers may not want to lock in just yet.

Read More

Interest Rate Update: The Bank of Canada Blinks

Is the Bank of Canada shifting away from rates staying ultra low - and should mortgage borrowers lock in now?

Read More

An Important Week Ahead for Canadian Mortgage Rates (and Real Estate)

These are tumultuous times for both Canadian mortgage rates and real estate.

Read More

The Stress-Test Rate Used for Uninsured Mortgages Is About to Rise

Canada banking regulator tries to cool rising house prices as of June 1st - but are they taking the right approach? 

Read More

What Can Be Done About Rising House Prices?

It's easy to blame interest rates for Canada's current housing unaffordability, but housing policy makers could do more amidst a pandemic-economic crisis.

Read More

Mortgage Recap: What You Need to Know Now

In a rare week of no new Canada mortgage news, it's a good opportunity to make sure your mortgage planning is in tune with current realities.

Read More

Central Bank vs. the Bond Market: Round Two

Where will things go in the ongoing fight between the central banks and the bond market - and what should mortgage borrowers do?

Read More

The Fight Between the Bond Market and the Bank of Canada

Where will things go for variable and fixed rate mortgage borrowers?

Read More

Fixed or Variable Mortgage Rate - Which One Should You Choose?

With fixed rates rising, should you be changing your game plan?

Read More

Fixed Mortgage Rates Rise on Inflation Fears

Sometimes inflation fears cause more inflation, but there are signs this spike in Canada is temporary. 

Read More

Canadian Fixed Mortgage Rates Are About to Rise

Five-year fixed mortgage rates are on the way up in response to the growing consensus belief that US inflationary pressures will rise quickly. 

Read More

Key Mortgage Tips to Know Now

Happy Family Day to Move Smartly Readers! Here's a review of top mortgage tips for 2021. 

Read More

Lockdowns Trigger a Job Loss Spike and Bond Yields Rise Anyway

While lockdowns have lowered infection rates and saved lives, it has negatively impacted our economic momentum and will ultimately add to the time needed for our society to...

Read More

Mortgage Rates Depend on Who Wins Between the Virus and the Vaccine

We are in the middle of a race between the virus and the cure, and both the timing and the outcome are still very much in question. The direction of mortgage rates depend on who...

Read More

The Bank of Canada Finds Vaccine Fueled Hope

Five insights into the Bank of Canada's optimistic forecast due to falling infection rates and large-scale vaccinations, and what that means for your mortgage. 

Read More

A Worst Case Scenario for Your Mortgage

We're in for a tough winter but there's hope. Forecasters expect our economy to rebound robustly and inflation to surge, as consumers spend the cash they saved during the...

Read More

Will Job Losses Hasten the Bank of Canada’s Next Rate Cut?

How COVID's second wave will impact unemployment and overall business, increasing the likelihood for another Bank of Canada rate cut.  

Read More

2021 Interest Rate Update

Happy New Year to Move Smartly Readers! Here's a look at the current consensus forecast and the fixed and variable mortgage rates for the year ahead. 

Read More

Top Mortgage Tips Now: Holiday Edition

A very Happy Holidays to Move Smartly Readers! Here's a review of top mortgage tips to take you into 2021 given the crazy year that was. 

Read More

Why Another Bank of Canada Rate Cut May Be on Its Way

How concerns about the Canadian dollar rising against its U.S. counterpart may affect our mortgage rates going forward.

Read More

Top Five Things to Know About Your Mortgage Right Now

These are the key factors that will impact Canadian mortgages and rates going forward.

Read More

What Will Happen to Canadian Mortgage Rates When the Pandemic Ends?

Why predictions of a quick resolution to the pandemic - and rising mortgage rates - may be premature.

Read More

Why Spiking Inflation Won’t Impact Canadian Mortgage Rates

Inflation spiked last month.

Read More

Have Canadian Mortgage Rates Bottomed?

Bond yields, which fixed mortgage rates are based on, have recently surged, but is this just a blip?

Read More

Will October Mark the End of Canada’s Employment Recovery?

With a slowing job recovery and Covid resurgent, mortgage rates are likely to fall further - here's how to take advantage.

Read More

Fixed- or Variable-Rate Mortgage? Right Now It’s No Contest

With the Bank of Canada keeping its policy low last week and until 2023, the fixed vs. variable debate is an unusually one-sided one right now.

Read More

Canadian Inflation Ticks Higher But Impact Remains Subdued

Why inflationary pressures will do little to impact our declining mortgage rates.

Read More

Why the Bank of Canada Ending Mortgage Bond Buying May Matter

Will financial markets remain confident in Canadian real estate as the BoC winds up and keep our mortgage rates at their present lows?

Read More

Canadian Employment Surges - But For How Long?

Why we are not out of the Sugar Maples by a long shot.

Read More

Will July’s Surge in Canadian Economic Momentum Continue?

While initial numbers have been encouraging, the recovery is now proving to as sluggish as predicted.

Read More

Five Must-Read Posts about Canadian Mortgages and Rates

Essential fall reading to ensure your mortgage is on the right track.

Read More

So When Will Canadian Mortgage Rates Rise Again?

Given current central bank policy in Canada and the U.S., will variable rate mortgages stay lower than fixed rates over the next five years?

Read More

Bank of Canada Confirms Ultra-Low Mortgage Rates Are Here to Stay

Last Wednesday the Bank of Canada (BoC) announced that it would hold its policy rate steady, as was universally expected.

Read More

Employment Data Confirm Our Recovery Is Still in the Early Innings

While good job numbers normally mean rising mortgage rates, our economy is still far from normal.

Read More

Are We Headed for Too Much Inflation or Not Enough?

If you want to know where mortgage rates are headed, inflation holds the key.

Read More

A Theory on Why CMHC President Evan Siddall Went Rogue Last Week

Why is the head of the Canadian Mortgage and Housing Corporation (CMHC) going his own way amidst an economic crisis?

Read More

Fixed or Variable? Mortgage Rate Forecast: COVID-19 Edition

Canadian mortgage rates have been on a wild ride of late.

Read More

The Bank of Canada’s Surprising Admission That Ultra-Low Mortgage Rates Are Here to Stay

COVID-19 is redefining the world as we know it.

Read More

Why Our Record Employment Gains Aren’t Impacting Mortgage Rates

Strong jobs numbers in May and June mean little against the backdrop of unprecedented job and income loss due to COVID-19.

Read More

Must-Have Mortgage Tools for Every Home Buyer

Calculators, links and info you need to make the best decisions for you.

Read More

How Will Choppy Waters Ahead Impact Canadian Mortgage Rates?

The Bank of Canada joins those forecasting a prolonged and difficult economic road ahead.

Read More

Why Record-Low Mortgage Rates Now Seem Inevitable

If you need a mortgage soon, your goal should be to maintain flexibility in case rates continue to fall.

Read More

Beware the Siren Call of HSBC’s 1.99% Five-Year Fixed-Rate Mortgage

The spring real estate market is showing signs of life - and the usual big bank low rate teaser.

Read More

How CMHC’s Surprise Rule Tightening May Help Mortgage Borrowers

Not all mortgage lenders will implement CMHC's tighter rules, opening the door to more competition.

Read More

Why Mortgage Minimum Down Payment Shouldn't Be Raised to 10%

Last week, the CMHC's CEO had a surprising suggestion.

Read More

Corona Crisis: Mortgage Advice Recap

It's Week 10 - here's a recap of tips to manage your mortgage.

Read More

Will Record Job Losses Lead to Negative Bond Yields?

The pandemic-induced economic slowdown will lower mortgage rates - but how low will they go?

Read More

Should You Break Your Fixed-Rate Mortgage for a Lower Rate?

These five factors will help you figure out whether you'd come out ahead.

Read More

Canadian Mortgage Rates Are Finally Starting to Fall

In spite of rate cuts and more aggressive measures, mortgage rates haven't lowered - until now. 

Read More

Is the Bank of Canada’s Firehose Working?

The Bank has acted aggressively to counter the economic shocks induced by the Coronavirus and the decline of oil - and their efforts to lower mortgage rates may finally be working.

Read More

Our New Canadian Mortgage Landscape?

The economic fallout of the coronavirus crisis is making mortgage lenders seize up - and two main factors will determine how cautious they'll be: house prices and job losses.

Read More

The Slam Dunk Mortgage Option Right Now (and a Warning about HELOCs)

Why a variable rate mortgage is the clear winner for borrowers right now - while those holding HELOCs should beware. 

Read More

The Bank of Canada Cuts Again and Policy Makers Get Creative

After nearly five years with no decreases, the bank's policy rate has dropped all the way from 1.75% to 0.25% in March alone - but not all mortgage borrowers will benefit.

Read More

Mortgage Strategies for the Coronavirus Crisis

Lenders have raised both their fixed and variable mortgage rates to the surprise of many borrowers - here's how to manage your mortgage during this stressful time.

Read More

What You Need to Know About Coronavirus Deferred Mortgage Payment Programs

While authorities have announced that Canadians will be able to defer their mortgage payments due to the coronavirus (COVID-19) crisis, some key limits apply.

Read More

Fixed or Variable? To Be Determined…

As the world goes into lock-down to stem the COVID-19 (Coronavirus), what should we be doing with our mortgages?

Read More

The Bank of Canada Finally Cuts and Mortgage Rates Plummet

Global economic shocks have led to unforeseen drops in mortgage interest rates - so what should borrowers do going forward?

Read More

How Much Longer Will the Bank of Canada Stand Pat?

Why it's unlikely that the Bank of Canada will lower its policy rate - and our mortgage rates - this Wednesday.

Read More

How Last Week’s Mortgage Stress-Test Change Will Impact Borrowers

The necessary change would increase buyer budgets today, but likely decrease affordability in hot markets and introduce more volatility for buyers going forward.

Read More

Is the Mortgage Stress-Test Rate About to Drop?

A drop in the stress-test rate would be good news for borrowers  needing to expand affordability, but should our big banks be calling these shots?

Read More

Canadian Mortgage Rates Move Lower After Coronavirus Fears

An global health crisis is pushing investors towards safe havens, leading to a (lamentably costly) drop in fixed mortgage interest rates.

Read More

Bank of Canada’s Comments Push Fixed Mortgage Rates Lower

No change to policy rate keeps variable mortgage rates steady, but a less optimistic economic outlook pushes down fixed rates. 

Read More

Forecast for Canadian Fixed and Variable Mortgage Rates in 2020

In today’s post I offer my predictions of where our fixed and variable mortgage rates are headed in 2020.

Read More

Are Changes to the Mortgage Stress Test Coming?

While the mortgage stress test has helped ease overheating housing markets, will the Trudeau government finally address its flaws?

Read More

Five Takeaways from the Bank of Canada’s Latest Policy Statement

Our current economic conditions suggest that lower interest rates may be coming soon, but the Bank of Canada does not share that assessment - yet.

Read More

Why Our Latest GDP Data Isn’t Likely to Result in Interest Cut Rates - For Now

Sluggish 3rd quarter data means the Bank of Canada is unlikely to cut its policy rate - though it risks the need for more aggressive cuts in the future.

Read More

The Latest Inflation Data Bolsters the Bank of Canada’s Patience - Should It?

Fixed and variable mortgage rates are staying put for now - but there's a case for a rate cut in the future.

Read More

The Bank of Canada Can’t Ignore the Lofty Loonie for Much Longer

According to the Chinese Zodiac, 2019 is the Year of the Pig, but history may better remember it as the Year of the Falling Interest Rate.

Read More

Should Canadian Variable-Rate Borrowers Lock in Now?

Variable-rate mortgage borrowers are understandably wondering whether to convert to today’s lower five-year fixed rates. But should they?

Read More

The Bank of Canada Didn’t Cut Its Rate Last Week, But It Likely Will Soon

Why the variable interest rate may soon join the fixed interest rate - and start falling.

Read More

How Savvy Canadians Are Saving Thousands on Their Mortgages

Why you may want to prioritize flexibility when it comes to your fixed-rate mortgage right now.

Read More

Why Are Canadian Fixed Mortgage Rates Rising Again?

Canadian fixed mortgage rates continued to rise last week.

Read More

If the Bank of Canada Delays Interest-Rate Cuts, It Won’t Be for This Reason

Stuck between a slowing U.S. economy and the risk of fuelling Canadian consumer indebtedness, officials have another reason to delay a rate cut.

Read More

Falling U.S. Bond Yields Likely to Push Canadian Mortgage Rates Lower

As the U.S. economy starts to stall, will Canadian variable-rate borrowers see their first drop in four years?

Read More

Five Changes to Help Canada’s Housing Affordability Crisis

As Canadians head to the polls for the federal election, here are the policies they should be looking for.

Read More

Why the Bank of Canada Will Likely Match the U. S. Fed’s Next Rate Cut

Converging U.S. and Canadian economies makes a variable-rate cut more likely this December. 

Read More

Will the Recent Bond Yield Run-up Push Canadian Mortgage Rates Higher?

While fixed rates seem likely to go up in the short-term, home buyers locking in rates now should ask lenders what will happen if rates fall before they move in.

Read More

The Bank of Canada’s Surprising Announcement

While the Bank of Canada sees a rocky economic outlook ahead, it didn't cut rates - yet.

Read More

Why Inflation Worries Shouldn’t Delay the Bank of Canada’s Rate Cut

Will rising inflation prevent the Bank from cutting its policy rate at its next meeting on September 4?

Read More

Denmark Introduces the First Mortgage with a Negative Interest Rate

While Canadian interest rates are likely to go lower, we'd be wrong to envy Danish-style negative interest rates.

Read More

Why the Bank of Canada Should Cut its Policy Rate at its Next Meeting

The Bank of Canada likely overtightened during its last cycle - will it have to cut rates now that the world economy is slowing?

Read More

Why Did Markets React as if the U.S. Fed Raised Rates Last Week?

Though the U.S. rate cut last week didn't spur the expected market reaction, it means that Canada mortgage rates will likely stay steady - or lower.

Read More

Will Lenders Someday Be Paying Us to Take Out A Mortgage? (Don’t Wish For It)

Why we might be excited by the prospect of negative yield bonds - and interest-free or lower mortgages - they would be bad news.

Read More

The Mortgage Qualifying Rate Finally Drops, But Without Rhyme or Reason

A key 'stress test' faced by Canadian mortgage borrowers has been slackened - but more changes are required to increase affordability beyond a few thousand dollars.

Read More

The Bank of Canada (Surprisingly) Opts for Caution

The Bank of Canada left its policy rate unchanged at 1.75% last week as expected - and finally opts for caution over optimism.

Read More

The Loonie’s Power (and Its Constraining Impact)

Why export-oriented Canada balances its fight against inflation against the need for a competitive dollar.

Read More

Will the Bank of Canada Lag the U.S. Federal Reserve on Rate Cuts?

The Canadian economy's most recent inflation numbers mean a rate cut is less likely - unless the U.S. Fed forces the Bank of Canada's hand.

Read More

What Our Inverted Yield Curve Means for Canadian Mortgage Rates

If you are keeping an eye on mortgage rates, then you have probably been reading a lot about inverted yield curves lately.

Read More

Why the Bank of Canada and the Bond Market Still Don’t See Eye To Eye

The Bank of Canada is signalling an interest rate hike...so why is the bond market betting on a cut?

Read More

Five Inflation Highlights with Implications for Canadian Mortgage Rates

With inflation under control, will weaker economic data mean the Bank of Canada may soon look to cut interest rates?

Read More

How Bank of Canada Governor Poloz Can Help Increase the Appeal of Longer-Term Mortgages

If it's healthier for the economy when more of us choose longer-term mortgages, Ottawa can do something to make this happen.

Read More

Why Our Latest GDP Data Make the Bank of Canada’s Latest Forecast Seem Bullish

Last week we learned that Canadian GDP contracted by 0.14% in February on a month-over-month basis.

Read More

Bank of Canada Update: Rates to Stay Low for Longer

Have the Bank of Canada's overly optimistic forecasts actually hurt our overall economic momentum?

Read More

How Will Reduced Business Confidence Impact the Bank of Canada’s Outlook?

Will the Bank of Canada continue to shift to a more dovish outlook given latest economic developments?

Read More

Are Canadian Bond Yields About to Push Our Fixed Mortgage Rates Higher?

The five-year Government of Canada (GoC) bond yield, which our five-year fixed mortgage rates are priced on, has been on a wild ride of late.

Read More

Bank of Canada Governor Poloz Dampens Rate-Cut Speculation

The Bank of Canada is downplaying expectations that its next rate move will be a cut - but it may not have as much choice as it wants.

Read More

Canadian Mortgage Rates Are Being Pushed Lower by Slowing U.S. Momentum

Canadian fixed mortgage rates have been on a steady downward march of late.

Read More

The New Bank of Justin and Bill

The Liberal Government of Canada has released a budget that seeks to help beleaguered first-time buyers - but will it help?

Read More

Fixed- Versus Variable-Rate Mortgages: Is the Reward Worth the Risk?

A variable-rate mortgage sounds like a slam dunk in the current environment, but it may not be.

Read More

The Case for Lower Canadian Mortgage Rates

Given conflicting economic data, will the Bank of Canada raise or lower rates?

Read More

Will the Bank of Canada End Rate-Hike Speculation?

Will the Bank of Canada put an end to rate hike speculation when it meets this week?

Read More

What the Bank of Canada Governor Wants - and What He Needs

Bank of Canada Governor Stephen Poloz way want higher rates, but he needs stable inflation.  

Read More

Why the Bond Market Yawned at Canada’s Jobs Boom

The Canadian economy added 66,800 new jobs in January vs. 8,000 expected - so why aren't our mortgage rates impacted?

Read More

What the U.S. Fed’s Dovish Shift Means for Canadian Mortgage Rates

A key policy statement from south of the border suggests that our mortgage rates are unlikely to rise in Canada.

Read More

Update on the Bank of Canada’s Worry List

Will the latest in the trouble spots of Canadian oil prices, house prices and global trade policy change the Bank of Canada's intention to hike rates?

Read More

The Glaring Omission in the Bank of Canada’s Latest Forecast

Has the Bank of Canada rushed too far in front of an uncertain economy?

Read More

2019 Canadian Mortgage Rate Forecast: Look Out Below

 Frothy economic hopes are dissipating, making future mortgage rate increases unlikely.

Read More

Will the U.S. Fed Sooth Nerves or Stay the Course?

The U.S. Federal Reserve is widely expected to hike its policy rate by another 0.25% when it meets this Wednesday. The question that is being actively debated is whether it will...

Read More

Canadian Mortgage Rates Aren’t Headed Higher After All

Just like that, all of the dire warnings about rapidly rising Canadian mortgage rates disappeared faster than cookies and carrots on Christmas Eve. 

Read More

Will the Bank of Canada Pivot This Week? (Hint: It Should)

The Bank of Canada, in a softening of its stance, is not expected to raise its policy rate this week so variable mortgage rates should hold steady - and perhaps start falling in...

Read More

Will Last Month’s Inflation Rise Lead to Higher Canadian Mortgage Rates?

The Bank of Canada (BoC) is caught between a rock (rising inflationary pressures) and a hard place (waning economic momentum).

Read More

Fixed versus Variable: Is the Five-Year Fixed Mortgage Rate Now a No Brainer?

Today’s post returns to the question that every borrower I work with loves to ask: “Should I choose a five-year fixed- or variable-rate mortgage today?"

Read More

Is the Bank of Canada Bullish on Pot?

The Bank of Canada continues to signal policy-rate hikes soon, but does the current economic data support additional near-term increases?

Read More

Canadian Wage Growth Decelerates Again

The Bank of Canada remains on course to raise interest rates - pushing up mortgage rates - but will lagging wage growth give it pause?

Read More

How Much Higher Will Canadian Mortgage Rates Go?

The Bank of Canada has signalled that rates will continue to rise - but for how long given larger economic data trends?

Read More

The One Word That Determines Where Canadian Mortgage Rates Will Go

Will current optimism about Canada's economy push our mortgage rates up?

Read More

U.S. Inflation Slows - But for How Long?

If you’re keeping an eye on Canadian mortgage rates, keep your other eye focused on what is happening south of the border.

Read More

How Will Our New Trade Agreement Impact Canadian Mortgage Rates?

How will the new United States-Mexico-Canada trade agreement (USMCA) impact the Canadian economy - and our mortgage rates?

Read More

How Will the Latest U.S. Rate Hike Impact Canadian Mortgage Rates?

Now that U.S. rates have increased - will Canadians rates mortgage rates follow?

Read More

Should Canadian Variable-Rate Borrowers Lock in Now?

After years without rate increases, variable rate borrowers may soon see an increase for the fifth time in a row - is it time to lock into a fixed rate?

Read More

A Look Back at The U.S. Housing Crisis Ten Years Later

An insider looks back on the impact of the 2008 U.S. subprime mortgage crisis from a Canadian perspective.

Read More

The Bank of Canada Holds Rates Steady, But for How Long?

If the Bank of Canada has moved to responding to fast-moving incoming data, will rates really rise in late October as currently expected?

Read More

How NAFTA Uncertainty is Impacting Canadian Mortgage Rates

Many expect the Bank of Canada to raise rates in late October - but does NAFTA uncertainty make that less likely?

Read More

Five Canadian Mortgage Rate Questions for the Rest of 2018

While the consensus expects another BoC rate rise in October, economic data between now and then may suggest otherwise. 

Read More

Why the Latest Canadian Employment Headline Is All Hat and No Cattle

Why did Canadian bond yields, which our five-year fixed mortgage rates are priced on, finish lower in spite of a jump in new jobs?

Read More

Five Mortgage-Rate Related News Highlights from Last Week

Here are five news items from last week that should be of interest to anyone keeping an eye on Canadian mortgage rates.

Read More

Will Today’s U.S. Growth Surge Spur Canada Rate Cut Down the Road?

The key question for anyone keeping an eye on Canadian mortgage rates. 

Read More

Canadian Inflation Hits a Six-Year High

Last Friday we learned that overall Canadian inflation, as measured by our Consumer Price Index (CPI), came in at 2.5% in June, and that result was higher than the consensus...

Read More

The Bank of Canada Hikes Rates Despite Uncertainty

The Bank of Canada (BoC) raised its overnight rate by 0.25% last Wednesday and it now stands at 1.5%. The move was widely expected, and Canadian lenders quickly increased their...

Read More

Thoughts on the Bank of Canada’s Meeting This Week

It is widely expected that the Bank of Canada (BoC) will raise its overnight rate by another 0.25% when it meets this week, and if it does, lenders will pass that increase on to...

Read More

Bank of Canada Plans to Offer Less Guidance Going Forward

In its most recent policy statement released on May 30, the Bank of Canada (BoC) gave every indication that it would raise its overnight rate, which our variable mortgage rates...

Read More

The Bank of Canada Gets Reacquainted with Murphy’s Law

The Bank of Canada just got another reminder about the perils of offering forward guidance.

Read More

A Trade War Would Push Down Our Mortgage Rates, But Don’t Wish for It

A trade war with the U.S. would likely impact mortgage borrowers in Canada - in more ways than you might think.

Read More

Will More Job Losses Delay the Bank of Canada’s Next Interest Rate-Hike?

Last Friday Statistics Canada confirmed that our economy lost an estimated 7,500 jobs in May, which was a much worse result than the 23,500 job gain the consensus had been...

Read More

Variable Mortgage Rates Are Likely to Rise Soon … Are They Still the Better Bet?

The Bank of Canada (BoC) held its policy rate steady last week but warned in its accompanying statement that our next rate hike is not far off.

Read More

Not All Variable-Rate Mortgage Contracts Are Created Equal

As the variable-rate mortgage wars rage on, savvy borrowers are advised to look carefully at the terms and conditions in their mortgage contract.

Read More

Fixed versus Variable? Three Variable-Rate Mortgage Simulations to Help You Decide

In last week’s post I made the case for five-year variable rates over their fixed-rate equivalents, based on my current view of where our economy is headed. 

Read More

Why Variable-Rate Mortgages Are Becoming More Attractive to Canadians

It’s time for a fresh look at the question every borrower loves to ask: Is now a good time to choose a fixed or variable rate?

Read More

The Unfairness of Last Week’s Posted-Rate Hikes

Last week TD Canada Trust raised its five-year posted rate from 5.14% to 5.59%, and shortly thereafter, Royal Bank and National Bank increased their five-year posted rates from...

Read More

Bank of Canada Offers Hope (For Later), Caution (For Now)

The Bank of Canada (BoC) left its overnight rate unchanged last week, as most market watchers expected. The Bank also released its latest quarterly Monetary Policy Report (MPR),...

Read More

Five Key Questions For The Bank of Canada This Week

The Bank of Canada (BoC) meets this Wednesday, and while most market watchers aren’t expecting the Bank to raise its overnight rate at this meeting there is still the possibility...

Read More

What Surprising Market Reaction to Employment Data Means for Our Mortgage Rates

Last Friday Statistics Canada released our latest employment report, for March.

Read More

As Canadian GDP Growth Slows, Will U.S. Economic Momentum Save the Day?

Last week, Statistics Canada confirmed that our economic momentum slowed sharply in January as our GDP fell by 0.1% over the month. The drop was primarily attributed to sharp...

Read More

Why I Don’t Think The Bank of Canada Will Over-React to the Latest Inflation Data (As the Bond Market Did)

Last week Statistics Canada confirmed that year-over-year overall inflation growth spiked from 1.7% in January to 2.2% in February. At the same time, two of the three gauges that...

Read More

What the Bank of Canada’s Caution Means for Canadian Mortgage Rates

Dave Larock in Interest Rate UpdateMortgages and Finances

When the Bank of Canada (BoC) met last week, it left its overnight rate unchanged, as expected.

The only real question...

Read More

How Trump’s Tariffs Are Likely to Affect Canadian Mortgage Rates

Dave Larock in Interest Rate UpdateMortgages and Finances

Last Thursday, seemingly out of the blue, President Trump announced that the U.S. would impose a 25% tariff on...

Read More

Our Latest Inflation Data Give the Bank of Canada More Time to Wait

Dave Larock in Interest Rate UpdateMortgages and Finances

Our January inflation data have provided the latest fuel for the ongoing debate about when the Bank of Canada (BoC)...

Read More

Why the Bank of Canada Will Be Cautious in 2018 (And It Isn’t Just Because of the January Employment Data)

Dave Larock in Interest Rate UpdateMortgages and Finances

After thirteen straight months of impressive gains, Canada’s labour market hit the brakes hard last month.

Our economy...

Read More

Will the Latest U.S. Employment Data Push Canadian Fixed Mortgage Rates Higher?

Dave Larock in Interest Rate UpdateMortgages and Finances

Last Friday U.S. bond yields surged higher as investors reacted to the release of a stronger-than-expected U.S....

Read More

The Least Discussed Risk to Canadian Mortgage Rates in 2018

Dave Larock in Interest Rate UpdateMortgages and Finances

The consensus continues to believe that the Bank of Canada (BoC) will raise its policy rate by another 0.50% to 0.75%...

Read More

Canadian Variable Mortgage Rates Rise Again. Are More Hikes Coming?

Dave Larock in Interest Rate UpdateMortgages and Finances

The Bank of Canada (BoC) raised its policy rate by 0.25% last week, and it now stands at 1.25%.

Lender prime rates...

Read More

Canadian Mortgage Rate Forecast for 2018 – Part 2 (Five-Year Variable Rates)

Dave Larock in Interest Rate UpdateMortgages and Finances

In today’s post I offer my forecast for five-year variable rates in 2018. (FYI - You can read my forecast for...

Read More

Canadian Mortgage Rate Forecast for 2018 – Part 1 (Five-Year Fixed Rates)

Dave Larock in Interest Rate UpdateMortgages and Finances

Welcome back!

First off, I’d like to wish a very happy new year to my readers.

In today’s post I offer my forecast for...

Read More

How the Coming Mortgage Rule Changes Are Likely to Impact Canadians in 2018

Dave Larock in Interest Rate UpdateMortgages and Finances

Read More

The Bank of Canada Remains Cautious … For at Least as Long As Rising Wage Pressures Will Allow

Dave Larock in Interest Rate UpdateMortgages and Finances

The Bank of Canada (BoC) left its policy rate unchanged last week, as expected.

In its accompanying statement the Bank...

Read More

The Inconvenient Truth About the Latest Employment Report

Dave Larock in Interest Rate UpdateMortgages and Finances

Last Friday Statistics Canada confirmed that our economy added a whopping 79,500 new jobs in November, and that result...

Read More

The Mortgage Rule Changes That Need to Be Changed

Dave Larock in Interest Rate UpdateMortgages and Finances

On January 1, 2018, our regulators will implement a sixth round of mortgage rule changes as part of their ongoing...

Read More

How Canadian Mortgage Rates Are Benefiting from Our Current Inflationary “Sweet Spot”

Dave Larock in Interest Rate UpdateMortgages and Finances

Anyone keeping an eye on Canadian mortgage rates should pay close attention to our inflation data, which contain...

Read More

A Detailed Look At Canada’s Mortgage Stress-Test Rate

Dave Larock in Interest Rate UpdateMortgages and Finances

As of January 1, 2018, everyone who borrows from a federally regulated mortgage lender must qualify using the Mortgage...

Read More

Why Strong Employment Growth Shouldn’t Translate into Higher Canadian Mortgage Rates (For Now)

Dave Larock in Interest Rate UpdateMortgages and Finances

Last week we received the Canadian employment data for October, which was better than expected.

Our economy added...

Read More

The Bank of Canada Holds Rates Steady and Dampens Rate-Hike Expectations

Dave Larock in Interest Rate UpdateMortgages and Finances

The Bank of Canada (BoC) left its policy rate unchanged last week, as expected. The Bank also sounded more cautious...

Read More

New Mortgage Rules Announced: The Good, The Bad and The Ugly

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Why Slowing Consumer Spending Will Put a Lid on Canadian Mortgage Rates

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

What Will September’s Accelerating Wage Growth Mean for Canadian Mortgage Rates?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Good News for Variable-Rate Mortgage Borrowers: Governor Poloz Shifts the Bank of Canada Into Neutral (For Now)

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

How Inflation Is Likely to Impact Canadian Mortgage Rates in the Near Future

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

How the Loonie’s Value Is Likely to Impact Canadian Mortgage Rates In the Near Future

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

The Bank of Canada Raises Rates Again and Speculation Grows That It May Not Be Done Yet

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Does It Still Pay to Shop Around for the Best Mortgage Rate?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Why Aren’t Average Incomes Rising More Rapidly?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Five Key Questions for Mortgage Borrowers to Focus On

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

What Do Strong Job Growth and Weak Wage Growth Mean for Our Mortgage Rates?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Canadian GDP Surges Higher in May. Will Mortgage Rates Follow?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Three Reasons Why I Think the Market Is Overestimating the Future Path For Canadian Mortgage Rates

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Canadian Variable Mortgage Rates Rise for the First Time in Over Seven Years. What’s Next?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Rate Hikes Are Now a Virtual Certainty In Both Canada and the U.S. After the Release of the Latest Employment Data

Dave Larock in Interest Rate UpdateMortgages and Finances

Read More

Canadian Mortgage Rates Are Rising – Should Variable-Rate Borrowers Lock In?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

The Latest Inflation Data Give Us the Proof in the Bank of Canada’s Rhetorical Pudding

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

The Bank of Canada May Test the Courage of Variable-Rate Borrowers Sooner Than Expected

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

More Jobs Don’t Mean More Pay … for Now

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Why the Latest U.S. Employment Report Disappointed and Why the Fed Is About To Raise Rates Anyway

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

The Bank of Canada Warns … and Waits

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Why a Smaller Down Payment Comes with a Lower Mortgage Rate

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Should You Choose a Fixed or Variable Mortgage Rate Today?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

The Latest Canada and U.S. Employment Data Raise the Same Vexing Question

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Is Your Mortgage Lender About To Go Bust?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Five Factors That Are Now Pushing Canadian Bond Yields Lower

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

What the Bank of Canada Thinks of the Recent Surge in Our Economic Momentum

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Why Haven’t Low Unemployment Rates Led to Rising Inflation?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

What Will Better Than Expected GDP Growth Mean for Canadian Mortgage Rates?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

A (Rare) Quiet Week for Canadian Mortgage Rates

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

How Will Canadian Mortgage Rates Be Affected by the U.S. Federal Reserve’s Latest Rate Hike?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

What Will Happen to Canadian Mortgage Rates When the Fed Raises Its Policy Rate This Wednesday?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Why the Spread Between Canadian Five-Year Fixed and Variable Mortgage Rates Is Set to Widen

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Five U.S. Observations and What They Mean for the Canadian Economy and Our Mortgage Rates

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Will Another Month of Impressive Jobs Gains Fuel a Rise in Canadian Mortgage Rates?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

The U.S. Federal Reserve Maintains a Cautious Approach to Future Rate Hikes

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Will Canadian Mortgage Rates Get Trumped?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Uncertainty Reigns at The Bank of Canada

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

All Eyes on the Bank of Canada This Week

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

A Look Ahead for Canadian Mortgage Rates in 2017

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Variable Mortgage Rates Grow More Appealing for Canadians

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

The Bank of Canada Bolsters Its Cautious Rate View

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

The New Canadian Mortgage Landscape

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

The Coming Test for Canadian Bond Yields

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

The Canadian Mortgage Landscape Is About To Change

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Why It’s Too Soon to Know How a Trump Presidency Will Affect Our Mortgage Rates

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

The Real Reason TD Raised Its Mortgage Prime Rate Last Week

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

The Bank of Canada Changes the Way That It Monitors Inflation

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Want A Cheaper Loonie? No Need to Cut Rates If Jawboning Does the Trick

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

What Canada’s Latest Mortgage Rule Changes Mean for You – Part Four

Dave Larock in Interest Rate Update, Mortgages and Finance

In Part One of my four-part series covering our Department of Finance’s latest round of mortgage-rule changes, we...

Read More

What Canada’s Latest Mortgage Rule Changes Mean for You – Part Three

Dave Larock in Interest Rate Update, Mortgages and Finance

In Part One of this series about the upcoming mortgage-rule changes, we focused on the first change that takes effect...

Read More

What Canada’s Latest Mortgage Rule Changes Mean for You – Part Two

Dave Larock in Interest Rate UpdateMortgages and Finances

In Part One, we focused on the mortgage-rule change that will take effect on October 17, 2016. Today, in Part Two,...

Read More

What Canada’s Mortgage Rule Changes Mean For You - Part 1

Dave Larock in Interest Rate UpdateMortgages and Finances

** Update on the Mortgage Qualifying Rate stress-test that was to be implemented on Oct 17th – The Department of...

Read More

How Would Higher Mortgage Rates Affect You at Renewal?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Why Last Week Matters to Future Canadian Mortgage Rates

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Quiet Announcement Could Have Big Impact on Canadian Mortgage Rates

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Are You Buying the Hope That Bank of Canada is Selling?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

The Real Reason the U.S. Federal Reserve Might Raise Rates

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

The (U.S.) Elephant’s Latest Twitches and Grunts

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Five of My Most Read Posts In Case You Missed Them the First Time

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Are Canadian Variable Mortgage Rates Headed Lower?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

When All Else Fails, Canadian Economy Policy Makers Pray for Rain

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Why the U.S. Federal Reserve Won’t Be Hiking Its Policy Rate Any Time Soon

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Inflation in Canada Remains Benign

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

The Bank of Canada’s Latest Comments Bolster the Lower-for-Longer Rate View

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Why I Found Last Week’s Change To The Mortgage Qualifying-Rate Puzzling

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Your latest update on Brexit - and impact on Canadian mortgages

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

How the Brexit Affects Canadian Mortgage Rates

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

The U.S. Federal Reserve Morphs (Once Again) from Hawk to Dove

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

The Next Mortgage-Rule Change That Our Government Should Make

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Latest U.S. Jobs Data Should End Speculation About Interest Rate Hike

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Why the Bank of Canada Punted with Its Latest Statement

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

All Eyes on the Bank of Canada This Week

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

How China’s Future Might Affect Our Economy and Mortgage Rates

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

How The Loonie’s Value Affects Your Mortgage Rates

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

What the U.S. Fed's Caution Means for Canadian Mortgages

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Will the Latest Canadian Inflation Data Affect Our Mortgage Rates?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Why the Bank of Canada Is Stuck in Neutral

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Did the Market Overreact To the Latest Canadian Employment Data?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Why Markets Aren’t Likely To Overreact To the Latest U.S. Employment Data

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Three U.S. Trends That Could Push Canadian Mortgage Rates Higher

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

What the U.S. Fed’s Surprising Shift in Tone Means for Canadian Mortgage Rates

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Monday morning for analysis that...

Read More

Will Canadian Mortgage Rates Rise Given Latest U.S. Employment Data?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon morning for analysis that is...

Read More

Should You Choose a Fixed or Variable Mortgage Rate Today?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon morning for analysis that is...

Read More

With Negative Interest Rates, All That Glisters Is Not Gold

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon morning for analysis that is...

Read More

Why Lower Canadian and U.S. Employment Reports Not All Bad

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon morning for analysis that is...

Read More

How the U.S Federal Reserve Surprised Markets Last Week

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon morning for analysis that is...

Read More

Why the Bank of Canada Didn’t Deliver its Expected Rate Cut

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon morning for analysis that is...

Read More

Why Aren’t Canadian Mortgage Rates Falling When They Should?

Dave Larock in Interest Rate UpdateMortgages and Finances

Read More

What Latest Canada and U.S. Employment Data Mean for Our Mortgage Rates

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon morning for analysis that is...

Read More

Five Factors That Will Drive Canadian Mortgage Rates in 2016

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon morning for analysis that is...

Read More

Why U.S. Rate Hike May Push Up Canadian Mortgage Rates

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon morning for analysis that is...

Read More

What Canada Mortgage Rule Changes Mean for You

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon morning for analysis that is...

Read More

What Bank of Canada's Latest Assessment Means for Mortgage Rates

Dave Larock in Interest Rate UpdateMortgages and Finances

Read More

What Bank of Canada Announcement Might Mean for Mortgage Rates

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon morning for analysis that is...

Read More

Why Are Canadian Mortgage Rates Rising?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon morning for analysis that is...

Read More

Interest Rate Update: Why U.S. Fed Rate Rise in December Is Not Guaranteed

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon morning for analysis that is...

Read More

Interest Rate Update: Mortgage Rates Pushed Up By U.S., Canadian Employment Data

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon morning for analysis that is...

Read More

Interest Rate Update: Is U.S. Fed Signalling December Hike?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon morning for analysis that is...

Read More

Interest Rate Update: Hike May Come Mid-2017

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon morning (Tues on holidays)...

Read More

Five Ways That A Sustained Period of Ultra-Low Interest Rates Can Hurt Our Economy

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon morning (Tues on holidays)...

Read More

Interest Rate Update - October 13 2015

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon morning (Tues on holidays)...

Read More

Why the Weak U.S. Employment Data Give No Cause for Canadian Mortgage Borrowers to Celebrate (October 5, 2015)

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon for analysis that is always...

Read More

U.S. Fed Chair Yellen Continues to Confuse Markets

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon for analysis that is always...

Read More

The U.S. Federal Reserve Holds Rates But Loses Credibility

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon for analysis that is always...

Read More

What the Bank of Canada’s Latest Statement Means for Canadian Mortgage Rates (September 14, 2015)

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon for analysis that is always...

Read More

Happy Labour Day! (September 8, 2015)

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon for analysis that is always...

Read More

How Unfolding Events in China Are Likely to Impact Canadian Mortgage Rates (August 31, 2015)

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon for analysis that is always...

Read More

Why Today’s Fixed Versus Variable Debate Is All About the Spread - Monday Morning Interest Rate Update (August 24, 2015)

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon for analysis that is always...

Read More

Why I’m Not Buying the Consensus View That the U.S. Federal Reserve Will Raise Its Policy Rate in September

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon for analysis that is always...

Read More

What the Current Canadian and U.S. Employment Trends Mean for Our Mortgage Rates

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon for analysis that is always...

Read More

Will Mortgage Rates Head Higher in 2015?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on thisblog - check back every Mon for analysis that is always...

Read More

All Eyes on the U.S. Federal Reserve This Week

Dave Larock in Interest Rate UpdateMortgages and Finances

Read More

Five Key Questions Relating to the Bank of Canada’s Latest Rate Cut

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon for analysis that is always...

Read More

Will the Bank of Canada Cut Its Overnight Rate This Week? (July 13, 2015)

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon for analysis that is always...

Read More

The Greeks Say No. Will Their Creditors Echo That Sentiment?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon for analysis that is always...

Read More

What Greece’s Imminent Debt Default Means for Canadian Mortgage Rates

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon for analysis that is always...

Read More

What the U.S. Federal Reserve’s Current Economic View Means for Canadian Mortgage Rates (June 22, 2015)

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon for analysis that is always...

Read More

What Keeps the Bank of Canada Up at Night

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon for analysis that is always...

Read More

The Bank of Canada Wants the US to Raise Its Policy Rate - When Will This Happen?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon for analysis that is always...

Read More

The Bank of Canada Serves Up Its Latest Economic View With A Dash of Hope Sprinkled On Top

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon for analysis that is always...

Read More

Will the Latest Inflation Data Impact the Bank of Canada’s Monetary Policy?

Dave Larock in Interest Rate UpdateMortgages and Finances

Editor's Note: The Interest Rate Update appears weekly on this blog - check back every Mon for analysis that is always...

Read More

The Variable-Rate Mortgage and Sub-Prime Lending in Canada

Dave Larock in Interest Rate UpdateMortgages and Finances

Read More

Do Current U.S. and Canadian Employment Trends Mean Higher Fixed-Mortgage Rates are Imminent? (May 11, 2015)

Dave Larock in Monday Interest Rate UpdateMortgages and Finances

Editor's Note: Monday Morning Interest Rate Update appears weekly on this blog - check back every Mon for...

Read More

26.2 Miles Later - Monday Morning Interest Rate Update

Dave Larock in Monday Interest Rate UpdateMortgages and Finances

Read More

What Every Canadian Borrower Needs To Know About Fixed-Rate Mortgage Penalties (April 27, 2015)

Dave Larock in Monday Interest Rate UpdateMortgages and Finances

Editor's Note: Monday Morning Interest Rate Update appears weekly on this blog - check back every Mon for...

Read More

What the BoC’s Latest Economic Commentary Means for Canadian Mortgage Rates

Dave Larock in Monday Interest Rate UpdateMortgages and Finances

Editor's Note: Monday Morning Interest Rate Update appears weekly on this blog - check back every Mon for...

Read More

How Will The Latest Employment Data Affect Canadian Mortgage Rates?

Dave Larock in Monday Interest Rate UpdateMortgages and Finances

Editor's Note: Monday Morning Interest Rate Update appears weekly on this blog - check back every Mon for...

Read More

Were Last Week’s Canadian GDP Data “Atrocious” Or Not?

Dave Larock in Monday Interest Rate UpdateMortgages and Finances

Editor's Note: Monday Morning Interest Rate Update appears weekly on this blog - check back every Mon for...

Read More

Running Instead of Writing - Monday Morning Interest Rate Update

Dave Larock in Monday Interest Rate UpdateMortgages and Finances

Read More

The Real Reason the U.S. Fed Is No Longer Going To Be “Patient” About Raising Its Policy Rate

Dave Larock in Monday Interest Rate UpdateMortgages and Finances

Editor's Note: Monday Morning Interest Rate Update appears weekly on this blog - check back every Mon for...

Read More

Bank of Canada Governor Poloz Keeps the Market on Its Toes

Dave Larock in Monday Interest Rate UpdateMortgages and Finances

Editor's Note: Monday Morning Interest Rate Update appears weekly on this blog - check back every Mon for...

Read More

Who is Buying Government Bonds at These Microscopic Yield Levels?

Dave Larock in Monday Interest Rate UpdateMortgages and FinancesHome Buying

Editor's Note: Monday Morning Interest Rate Update appears weekly on this blog - check back every...

Read More

Will the U.S. Federal Reserve Finally Raise Its Policy Rate, and What Impact Will That Prospect Have on Canadian Mortgage Rates?

Dave Larock in Monday Interest Rate UpdateMortgages and FinancesHome Buying

Editor's Note: Monday Morning Interest Rate Update appears weekly on this blog - check back every...

Read More

How Will the Latest Canadian and U.S. Employment Data Affect Canadian Mortgage Rates?

Dave Larock in Monday Interest Rate UpdateMortgages and FinancesHome Buying

Editor's Note: Monday Morning Interest Rate Update appears weekly on this blog - check back every...

Read More

Lower Mortgage Rates on the Horizon? Here’s Why That Could Happen (February 2, 2015)

Dave Larock in Monday Interest Rate UpdateMortgages and FinancesHome Buying

Editor's Note: Monday Morning Interest Rate Update appears weekly on this blog - check back every...

Read More

My Five Key Mortgage-Rate Questions in Response to the Bank of Canada’s Surprise Overnight Rate Cut - Monday Morning Interest Rate Update (January 26, 2015)

Dave Larock in Monday Interest Rate UpdateMortgages and FinancesHome Buying

Editor's Note: Monday Morning Interest Rate Update appears weekly on this blog - check back every...

Read More

Canadian Mortgage Rates May Be Headed Even Lower – Monday Morning Interest Rate Update (January 19, 2015)

Dave Larock in Monday Interest Rate UpdateMortgages and FinancesHome Buying

Editor's Note: Monday Morning Interest Rate Update appears weekly on this blog - check back every...

Read More

How the Latest U.S. and Canadian Employment Data Might Impact Our Mortgage Rates - Monday Morning Interest Rate Update (January 12, 2015)

Dave Larock in Monday Interest Rate UpdateMortgages and FinancesHome Buying

Editor's Note: Monday Morning Interest Rate Update appears weekly on this blog - check back every...

Read More

Five Factors That Will Drive Canadian Mortgage Rates in 2015 (Monday Morning Interest Rate Update (January 5, 2015)

Dave Larock in Monday Interest Rate UpdateMortgages and FinancesHome Buying

Editor's Note: Mon Morning Interest Rate Update appears weekly on this blog - check back every Mon...

Read More

Happy Holidays – Monday Interest Rate Update (December 22, 2014)

Dave Larock in Monday Interest Rate UpdateMortgages and FinancesHome Buying

Read More

What Bank of Canada Governor Poloz Really Said about Housing Bubble Risks - Monday Morning Interest Rate Update (December 15, 2014)

Dave Larock in Monday Interest Rate UpdateMortgages and FinancesHome Buying

Editor's Note: Mon Morning Interest Rate Update appears weekly on this blog - check back every Mon...

Read More

Why the Gap Between Fixed and Variable Mortgage Rates May Widen - Monday Morning Interest Rate Update (December 8, 2014)

Dave Larock in Monday Interest Rate UpdateMortgages and FinancesHome Buying

Editor's Note: Mon Morning Interest Rate Update appears weekly on this blog - check back every Mon...

Read More

Why Are Bond Yields Falling in the Face of Improving Economic Data? Monday Interest Rate Update (December 1, 2014)

Dave Larock in Monday Interest Rate UpdateMortgages and FinancesHome BuyingEditor's Note: Mon Morning Interest Rate Update appears weekly on this blog - check back every Mon...

Read More

Why Hasn’t Ultra-Loose Monetary Policy Caused Higher Inflation? Monday Morning Interest Rate Update (November 17, 2014)

Dave Larock in Monday Interest Rate UpdateMortgages and FinancesHome BuyingEditor's Note: Mon Morning Interest Rate Update appears weekly on this blog - check back every Mon...

Read More

What Another Good Jobs Report Means For Canadian Mortgage Rates – Monday Morning Interest Rate Update (November 10, 2014)

Dave Larock in Monday Interest Rate UpdateMortgages and FinancesHome BuyingEditor's Note: Mon Morning Interest Rate Update appears weekly on this blog - check back every Mon...

Read More

The U.S. Federal Reserve Stops Its Music But the Beat Goes On - Monday Morning Interest Rate Update (November 3, 2014)

Dave Larock in Monday Interest Rate UpdateMortgages and FinancesHome Buying

Editor's Note: Mon Morning Interest Rate Update appears weekly on this blog - check back every Mon...

Read More

The Continuing Struggles of the Canadian Labour Market – Monday Interest Rate Update (August 11, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News  

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

A Look in the Rear-View Mirror – Monday Morning Interest Rate Update (July 28, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News  

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Why Is Higher Inflation Pushing Our Bond Yields Down? Monday Interest Rate Update (July 21, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News  Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

What the Latest Weak Employment Data Mean for Canadian Mortgage Rates - Monday Morning Interest Rate Update (July 14, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News  Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

U.S. Employment Data Are a Warning That Canadian Fixed Mortgage Rates May Be Headed Higher – Monday Morning Interest Rate Update (July 7, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News  Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Canadian Inflation Surges Higher Again. Are Mortgage Rates Next? Monday Interest Rate Update (June 23, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News  Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Why the True Taper Test Is Still to Come – Monday Interest Rate Update (June 16, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News  Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

How Last Week’s Major Announcements Are Likely to Affect Canadian Mortgage Rates - Monday Interest Rate Update (June 9, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News  Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

A Primer on the Bank of Canada’s Evolving Interest-Rate View - Monday Interest Rate Update (June 2, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News  Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Is Rising Inflation a Warning That Canadian Mortgage Rates Are On the Way Up? Monday Interest Rate Update (May 26, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News  Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Happy Victoria Day Weekend - Tuesday Morning Interest Rate Update (May 20, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News  Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

What the Latest Canadian Employment Data Means for Our Mortgage Rates - Monday Interest Rate Update (May 12, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News  Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Fixed Versus Variable Mortgage Rates: Finding the Break-Even Point - Monday Interest Rate Update (May 5, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News  Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

My Surprising Take on the BoC's View That Rates Will Stay Lower for Longer - Monday Interest Rate Update (April 28, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News  Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

The Bank of Canada’s Latest Crystal Ball Reading - Tuesday Morning Interest Rate Update (April 22, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News  Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

A Big Week Ahead For the Canadian Mortgage Market - Monday Morning Interest Rate Update (April 14, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News  Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

What the Latest Canadian and U.S. Employment Data Mean for Our Mortgage Rates - Monday Interest Rate Update (April 7, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News  Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Why Not All 2.99% Five-Year Fixed-Rate Offers Are Created Equal - Monday Interest Rate Update (March 31, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Governor Poloz’s Big Reveal and Fed Chair Yellen’s Test Balloon - Monday Morning Interest Rate Update (March 24, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Why I Don’t Agree With BMO’s Forecast That Fixed Rates Will Now Outperform Variable Rates - Monday Interest Rate Update (March 17, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

How the Latest Canadian and U.S. Employment Data Are Likely to Impact Our Mortgage Rates - Monday Interest Rate Update (March 10, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

All About CMHC’s Mortgage-Insurance Premium Changes - Monday Interest Rate Update (March 3, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

What the Latest Consumer Price Index Means for Mortgage Rates - Monday Morning Interest Rate Update (February 24, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Happy Family Day - Tuesday Interest Rate Update (February 18, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Will Mortgage Rates Be Impacted By the Latest Canadian and U.S. Employment Reports? Monday Interest Rate Update (February 10, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

How Canadian Mortgage Rates Are Impacted by Continued U.S. Fed Tapering - Monday Interest Rate Update (February 3, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

The Loonie Rides to the Rescue – Monday Interest Rate Update (January 27, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

The Primary (and Hidden) Risk to U.S. Inflation? Monday Interest Rate Update (January 20, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

What The Latest Employment Report Means for Mortgage Rates – Monday Interest Rate Update (January 13, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Tapering But Not Tightening - Monday Interest Rate Update (January 6, 2014)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on...

Read More

Shovelling and Shopping (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Read More

The BoC Jaw Bones the Loonie Down (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on...

Read More

Fixed Versus Variable Rate Simulation: The Winner Is … (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on...

Read More

Why Quantitative Easing Should Make Canadian Mortgage Borrowers Nervous - (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on...

Read More

Why October’s Strong Employment Data May Not Matter to the Fed (Monday Morning Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on...

Read More

Is the U.S. Fed Making the Unthinkable Inevitable? (Monday Morning Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on...

Read More

The Bank of Canada Finally Drops Its Rate-Tightening Bias (Monday Morning Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on...

Read More

How Gerrymandering and the U.S. Tea Party Have Helped Canadian Mortgage Borrowers (Monday Morning Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on...

Read More

What Permanent QE Would Mean for Canadian Mortgage Rates - (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on...

Read More

As Sovereign Default Fears Rise, Fixed Mortgage Rates Set to Fall (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on...

Read More

The U.S Fed Trades Short-Term Gain for Longer-Term Pain (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on...

Read More

The Elephant in the Room - Monday Interest Rate Update

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on...

Read More

What the Latest U.S. and Canadian Economic News Means for Canadian Mortgage Rates - Monday Interest Rate Update

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

More Thoughts on the U.S. Fed’s Taper and How it Will Affect Canadian Mortgage Rates - Monday Interest Rate Update

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

What the Fed’s Tapering Conundrum Means for Mortgage Rates - (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Why CMHC’s Latest Move is Good for Variable-Rate Borrowers (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Why the U.S. Fed's Most Recent Commments Are Good News for Canadian Mortgage Rates - (Tuesday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Variable-Rate Mortgage Simulation: A Detailed Look at the Risk/Reward Trade-Off - (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

U.S. Fed Chairman Bernanke Talks Bond Yields Down. Will Mortgage Rates Follow? (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Why the Variable-Rate Mortgage is Looking Better All the Time (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

What the Heck is Happening to Five-Year Fixed-Mortgage Rates? (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Fixed Rates Move Up and Variable Rates Look Better By Comparison (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

A Look Behind Canada’s Near Record-Breaking Employment Report (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Are Higher Mortgage Rates on the Way? (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Out With the Old Bias, In With the New Bias? (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Our Latest CPI Data Suggests That it’s Back to the Revising Board for the BoC ... Again (Tuesday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

A Review of Our Latest Employment Report with Implications for Canadian Mortgage Rates (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Canadian Mortgage Rates Will Inevitably Rise … But When? (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Has the Bank of Canada Discovered Life on Mars? (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

How Japan's New All-in Monetary Policy Will Affect Canadian Mortgage Rates (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

March Employment Numbers Push CDN Bond Yields Down But U.S. Stagflation Threat Rising (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

How The Cyprus Bailout Talks Have Irreparably Harmed the Euro Zone (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

The Euro-zone Crisis Moves Back to the Front Burner (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Bank of Canada More Cautious on Mortgage Rate Rise (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

What Slower GDP Growth Means for Mortgage Rates (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

How Will the U.S. Fix its Debt Problem and What Will it Mean for Canadian Mortgage Rates? (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

The Distant Risk of Higher Mortgage Rates (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Latest Canadian Employment Data Falls Into Line (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Does Data Signal a New Trend or Just a Blip? (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Is There a Prime-Rate Cut in Our Future? (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Why Chinese Growth is Good for Canadian Variable-rate Mortgage Holders (Monday Interest Rate Update)

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Monday Interest Rate Update

Dave Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

This week we’ll focus on some recent currency-related news and look at...

Read More

Monday Interest Rate Update

David Larock in Monday Interest Rate Update, Mortgages and Finance, Home Buying, Toronto Real Estate News

Editor's Note: Dave's Monday Morning Interest Rate Update appears on Move...

Read More

Monday Morning Interest Rate Update (December 17, 2012): U.S. Fed Extends Its Low-rate Pledge

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

Last week the U.S. Federal Reserve replaced its pledge to keep its policy rate in a range of 0.00 to...

Read More

Monday Morning Interest Rate Update (December 10, 2012) – The Latest Employment Reports May Glister, But That Doesn’t Make Them Gold

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

My ears are still ringing from the peal of celebratory trumpets that blared in response to the latest...

Read More

Monday Morning Interest Rate Update (December 3, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

“It’s tough to make predictions, especially about the future” - Yogi Berra.

Trying to predict the...

Read More

Monday Morning Interest Rate Update (November 26, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

Last Friday Statistics Canada released its latest Consumer Price Index (CPI) and it showed prices...

Read More

Time to Re-consider the Variable-Rate Mortgage?

David Larock in Mortgages and Finance, Toronto Real Estate News

Variable-rate mortgage discounts aren’t what they used to be and for that reason, I have tended to favour...

Read More

Monday Morning Interest Rate Update (November 12, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

Now that the U.S. election is over, markets will shift their attention back to the European Union...

Read More

Monday Morning Interest Rate Update (November 5, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

Statistics Canada recently changed the way it calculates key economic data to bring its methods into...

Read More

Monday Morning Interest Rate Update (October 29, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

When the Bank of Canada (BoC) released its latest interest-rate statement last Tuesday it did not...

Read More

Monday Morning Interest Rate Update (October 22, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

When Bank of Canada (BoC) Governor Mark Carney speaks, the experts I read carefully parse his words,...

Read More

Monday Morning Interest Rate Update (October 15, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

Last week was a slow one for new economic data so in today’s Update I’m taking a step back and...

Read More

Tuesday Morning Interest Rate Update (October 9, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

Monthly employment reports should be closely monitored by anyone keeping an eye on mortgage rates...

Read More

Monday Morning Interest Rate Update (October 1, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

Market bulls hoped that when U.S. Fed Chairman Ben Bernanke finally gave investors the quantitative...

Read More

Monday Morning Interest Rate Update (September 17, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

We started last week just hoping to dodge a German constitutional bullet but by the time it was over,...

Read More

Monday Morning Interest Rate Update (September 10, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

Here are the three most important developments last week that related to Canadian mortgage rates:

...

Read More

Tuesday Morning Interest Rate Update (September 4, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

When U.S. Federal Reserve Chairman Ben Bernanke stepped to the podium at Jackson Hole last Friday he...

Read More

Monday Morning Interest Rate Update (August 27, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

The week ahead will be an important one for anyone keeping an eye on mortgage rates because the world...

Read More

Monday Morning Interest Rate Update (August 20, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

Bank of Canada (BoC) Governor Mark Carney has made it clear that he wants to raise interest rates but...

Read More

Monday Morning Interest Rate Update (August 13, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

To my surprise, Government of Canada (GoC) bond yields (on which our fixed-mortgage rates are based)...

Read More

Tuesday Morning Interest Rate Update (August 7, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

It was a strange week for Government of Canada (GoC) bond yields (on which our fixed-mortgage rates...

Read More

Monday Morning Interest Rate Update (July 30, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

When Spanish bond yields spiked to euro-zone record highs last week I wasn’t surprised to hear the...

Read More

Monday Morning Interest Rate Update (July 23, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

The Bank of Canada (BoC) left its overnight policy rate unchanged last week as expected. (Reminder:...

Read More

Monday Morning Interest Rate Update (July 16, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

The devil is always in the detail.

When Spain’s 100 billion euro bailout was finalized and the euro...

Read More

Monday Morning Interest Rate Update (July 9, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

I’ve got good news and bad news.

The good news is that the odds on our mortgage rates staying low for...

Read More

The Mortgage Rules They Are a Changin’ - Monday Morning Interest Rate Update (June 25, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

Last week federal finance minister Jim Flaherty surprised real-estate market stakeholders by...

Read More

Monday Morning Interest Rate Update (June 18, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

While bond-market investors will be focused on the Greek election results this morning, they will...

Read More

Monday Morning Interest Rate Update (June 11, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

This week’s Update was going to focus on the latest employment report from Statistics Canada and how...

Read More

Monday Morning Interest Rate Update (June 4, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

The current debate about the strength of the global economic recovery is pretty much over, at least...

Read More

Monday Morning Interest Rate Update (May 28, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

Read More

Tuesday Morning Interest Rate Update (May 22, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

Read More

Monday Morning Interest Rate Update (May 14, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

Read More

Monday Morning Interest Rate Update (May 7, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

When Bank of Canada (BoC) Governor Mark Carney recently warned market watchers that he believed...

Read More

Spring Mortgage Market Update (2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

It’s time for the powers that be to pick our poison.

Do they keep short-term interest rates at...

Read More

Monday Morning Interest Rate Update (April 30, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

The global economic recovery is on a very tenuous footing. While determined optimists can string...

Read More

Monday Morning Interest Rate Update (April 23, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

Last week was an interesting one for anyone keeping an eye on Canadian mortgage rates.

The Bank of...

Read More

Monday Morning Interest Rate Update (April 16, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

When the European Central Bank (ECB) injected more than US$1 trillion in cheap, three-year loans into...

Read More

Tuesday Morning Interest Rate Update (April 10, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

Statistics Canada released its latest employment report last Friday, and the data were a welcome...

Read More

Monday Morning Interest Rate Update (April 2, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

Last week the euro-zone finance ministers increased the size of the European Stability Mechanism (ESM)...

Read More

Monday Morning Interest Rate Update (March 26, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

This week’s update will use an ‘around the horn’ format to highlight several interesting developments...

Read More

Monday Morning Interest Rate Update (March 19, 2012)

David Larock in Mortgages and Finance, Home Buying

Five-year Government of Canada (GoC) bond yields continued to surge higher last week so expect a fresh round of headlines...

Read More

Monday Morning Interest Rate Update (March 12, 2012)

David Larock in Mortgages and Finance, Home Buying

If you want to gauge the overall health of an economy, understanding employment trends is critical. Last week we received the...

Read More

Rate Simulations: The Five-Year Fixed Rate Versus The Ten-Year Fixed Rate

David Larock in Mortgages and Finance, Home Buying

It’s time for another rate simulation but this time we’re going to change it up.

The age old fixed-versus-variable question is...

Read More

Monday Morning Interest Rate Update (March 5, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

Read More

Monday Morning Interest Rate Update (February 27, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

If you want to look beyond the incendiary headlines about housing bubbles in Canada’s largest real...

Read More

Tuesday Morning Interest Rate Update (February 21, 2012)

David Larock in Mortgages and Finance, Home Buying

Fixed-term mortgage rates are on the rise.

This is primarily being caused by higher Government of Canada (GoC) five-year bond...

Read More

Fixed-rate Mortgage Penalties – Why They Matter Now More Than Ever

David Larock in Mortgages and Finance, Home Buying

Many people think that the differences in how lenders calculate fixed-rate mortgage penalties are a non-issue now that rates...

Read More

Monday Morning Interest Rate Update (Feb 13, 2012)

David Larock in Mortgages and Finance, Home Buying

Read More

Monday Morning Interest Rate Update (February 6, 2012)

David Larock in Mortgages and Finance, Home Buying

Read More

Monday Morning Interest Rate Update (January 30, 2012)

David Larock in Mortgages and Finance, Home Buying

Read More

Winter Mortgage Market Update (2012)

David Larock in Mortgages and Finance, Home Buying

This quarter’s Mortgage Market Update is a good news/bad news story. I’m an optimist at heart so let’s start with the good news....

Read More

Monday Morning Interest Rate Update (January 23, 2012)

David Larock in Mortgages and Finance, Home Buying

Read More

Monday Morning Interest Rate Update (January 16, 2012)

David Larock in Mortgages and Finance, Home Buying

Read More

Monday Morning Interest Rate Update (January 9, 2012)

David Larock in Mortgages and Finance, Home Buying

Read More

The Magic of Five Percent: A New Year’s Resolution Worth Keeping

David Larock in Mortgages and Finance, Home Buying

When the calendar flips to a new year, many of us make resolutions to improve our lives. Judging by how busy the gyms get during...

Read More

Monday Morning Interest Rate Update (December 19, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Would You Save More With a Fixed or Variable-Rate Mortgage? (Rate Simulator – 2011 Year End Edition)

David Larock in Mortgages and Finance, Home Buying

It’s been three months since we last ran scenarios that compare the potential costs of fixed vs. variable-rate five-year...

Read More

Monday Morning Interest Rate Update (December 12, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Monday Morning Interest Rate Update (December 5, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Monday Morning Interest Rate Update (November 28, 2011)

David Larock in Mortgages and Finance, Home Buying

In a financial crisis, bond yields provide a real-time gauge of whether a country’s prospects are getting better or worse. If a...

Read More

Monday Morning Interest Rate Update (November 21, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Monday Morning Interest Rate Update (November 14, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

The Americanization of Canadian Credit

David Larock in Mortgages and Finance, Home Buying

I suppose it was inevitable that some of the more aggressive U.S. lending practices would make their way north of the border...

Read More

Monday Morning Interest Update (November 7, 2011)

David Larock in Mortgages and Finance, Home Buying

Last week’s headlines were dominated by the threat that Greece would put its acceptance of the euro zone’s bailout plan to a...

Read More

Monday Morning Interest Rate Update (October 31, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Fall Mortgage-Market Update (2011)

David Larock in Mortgages and Finance, Home Buying

Like stock markets, economies are really only governed by two competing forces: fear and greed.

When greed dominates, money...

Read More

Monday Morning Interest Rate Update (October 24, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Monday Morning Interest Rate Update (October 17, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Tuesday Morning Interest Rate Update (October 11, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Monday Morning Interest Rate Update (October 3, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Monday Morning Interest Rate Update (September 26, 2011)

David Larock in Mortgages and Finance, Home Buying

On Wednesday of last week, Statistics Canada released its latest Consumer Price Index (CPI) data for August 2011. While overall...

Read More

Monday Morning Interest Rate Update (September 19, 2011)

David Larock in Mortgages and Finance, Home Buying

On Friday, the European Central Bank, the U.S. Federal Reserve, and the central banks of Britain, Switzerland and Japan all...

Read More

Monday Morning Interest Rate Update (September 12, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Back to School Edition: Would You Save More with a Fixed or Variable-rate Mortgage? (Rate Simulator)

David Larock in Mortgages and Finance, Home Buying

It’s been three months since we ran our first Mortgage Rate Simulation where we compared the cost of a current five-year...

Read More

Tuesday Morning Interest Rate Update (September 6, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Monday Morning Interest Rate Update (August 29, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

A Surprising New Mortgage That Pays You to Go Green

David Larock in Mortgages and Finance, Home Buying

Businesses are always looking to cash in on consumer trends, and in today’s world the trend towards greener, more sustainable...

Read More

Monday Morning Interest Rate Update (August 22, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Monday Morning Interest Rate Update (August 15, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Large Mortgage Loans and the Sliding Scales Used to Underwrite Them

David Larock in Mortgages and Finance, Home Buying

For a lender, bigger is not always better.

The larger a mortgage gets, the greater the lender’s potential loss if the borrower...

Read More

Monday Morning Interest Rate Update (August 8, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Tuesday Morning Interest Rate Update (August 2, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Monday Morning Interest Rate Update (July 25, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Summer Mortgage Market Update (2011)

David Larock in Mortgages and Finance, Home Buying

Canadians are still enjoying the story of The Little Economy That Could. While the European and the U.S. economies struggle to...

Read More

Monday Morning Interest Rate Update (July 18, 2011)

David Larock in Mortgages and Finance, Home Buying

  The U.S. federal government now spends about $120 billion more than it takes in each month and it covers the shortfall by...

Read More

Monday Morning Interest Rate Update (July 11, 2011)

David Larock in Mortgages and Finance, Home Buying, Home Selling

All eyes were on last Friday’s employment report after our latest Consumer Price Index (for May) came in higher...

Read More

Mortgage Secrets from an Independent Mortgage Planner

David Larock in Mortgages and Finance, Home Buying, Home Selling

If you are buying a house or refinancing your mortgage, the siren song emanating from your local bank branch can...

Read More

Monday Morning Interest Rate Update (July 4, 2011)

David Larock in Mortgages and Finance, Home Buying, Home Selling

Read More

Monday Morning Interest Rate Update (June 27, 2011)

David Larock in Mortgages and Finance, Home Buying, Home Selling

Read More

Bridge Financing – Helping You Buy a Home Before You Sell

David Larock in Mortgages and Finance, Home Buying, Home SellingIf you want to sell your current home and use the proceeds as a down payment on a different property, what do you...

Read More

Monday Morning Interest Rate Update (June 20, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Monday Morning Interest Rate Update (June 13, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Would You Save More with a Fixed or Variable-rate Mortgage? (Rate Simulator)

David Larock in Mortgages and Finance, Home Buying

Mortgage rates have been on a downward march lately – five-year fixed-rate mortgages are now offered in the 3.69% range and...

Read More

Monday Morning Rate Update (June 6, 2011)

David Larock in Mortgages and Finance, Home Buying  The Bank of Canada (BoC) Directors met last Tuesday and, as expected, they left the target for the overnight rate unchanged at...

Read More

Monday Morning Interest Rate Update (May 30, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Mortgages for Co-op and Co-ownership Properties

David Larock in Mortgages and Finance, Home Buying

  Co-op and co-ownership properties offer exceptional value for the right type of buyer. These buildings are usually well-located...

Read More

Tuesday Morning Interest Rate Update (May 24, 2011)

 David Larock in Mortgages and Finance, Home Buying

Read More

Monday Morning Interest Rate Update (May 16, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Interest-rate Compounding: A Devil in the Detail

David Larock in Mortgages and Finance, Home Buying

Would it surprise you to learn that the advertised interest rate on a variable-rate mortgage does not represent its real rate of...

Read More

Monday Morning Rate Update (May 9, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Monday Morning Interest Rate Update (May 2, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

The Power of Prepayment

David Larock in Mortgages and Finance, Home Buying

Mortgage debt can be intimidating; it is a massive personal liability that typically takes decades to pay off. During the early...

Read More

Monday Morning Interest Rate Update (April 25, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Spring Mortgage Market Update (2011)

David Larock in Mortgages and Finance, Home Buying

Mortgage rates and inflation go hand in hand.

Variable-mortgage rates are set using the Bank of Canada’s overnight rate, which...

Read More

Monday Morning Rate Update (April 18, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

Monday Morning Interest Rate Update (April 11, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

How to Avoid the Hidden Cost in Most Canadian Mortgages

David Larock in Mortgages and Finance, Home Buying

If Canadians shopped for cars the same way we shop for mortgages, most of us would be driving around in old beaters that would...

Read More

Monday Morning Interest Rate Update (April 4, 2011)

David Larock in Mortgages and Finance, Home Buying

Read More

The Best Mortgage Rate No One is Talking About

David Larock in Mortgages and Finance, Home Buying

Fixed-rate mortgages offer borrowers predictability and peace-of-mind in exchange for higher initial borrowing costs (over the...

Read More

The Mortgage Qualifying Rate (MQR)

David Larock in Mortgages and Finance, Home Buying

Borrowers are often surprised to hear that qualifying for a five-year variable-rate mortgage is more difficult than qualifying...

Read More

Refinancing Your Mortgage: Is Now a Good Time?

David Larock in Mortgages and Finance  I’ve had a lot of calls lately from borrowers who are wondering if now is a good time to refinance their mortgage, so I thought I’d write a...

Read More

Home Buying 101: How to Get the Lowest Interest Rate

David Larock in Mortgages and Finance, Home BuyingTo the uninitiated, Canada’s lending market must look like a very egalitarian place. All of our major banks post the same...

Read More

Mortgage Advice for Couples Planning a Divorce

David Larock in Mortgages and Finance, Home Buying

When couples decide to divorce, financial assets accumulated while together must be equitably divided and in many cases, the...

Read More

Mortgages for New Canadian Immigrants

David Larock in Mortgages and Finance, Home Buying

If you are a new immigrant to Canada - welcome! As a former world traveller, I know how daunting it can be to get settled in a...

Read More

CMHC Mortgage Insurance Changes: What They Are, Why They Matter and How They’ll Be Good For Us (in a Brussel Sprouts Sort of Way)

David Larock in Mortgages and Finance, Home Buying

On January 17, 2011, Jim Flaherty, our federal  Minister of Finance announced changes to the Canadian Mortgage and Housing...

Read More

Canada Mortgage Market Update: January 2011

David Larock in Mortgages and Finance The world’s economies are continuing their clean-up efforts after the bursting of the global credit bubble. Like a giant oil spill, the...

Read More

The Variable-rate Mortgage – Temptress to Us All

David Larock in Mortgages and Finance

Ahh, the variable rate mortgage, temptress to us all. It offers you the lowest borrowing cost in exchange for the security of your locked-in...

Read More

Ed’s Cry for Help – Are More Changes to Mortgage Rules Coming?

David Larock in Mortgages and Finance

Ed Clark, CEO of Toronto Dominion Bank, recently implored our federal government to reduce the maximum allowable mortgage amortization period...

Read More

Home Buying 101: 13 Guideposts for Every First-time Home Buyer

David Larock in Mortgages and Finance, Home Buying

Buying your first house is a milestone right up there with the biggies. When you become the legal owner of a patch of land, it’s...

Read More

What's in the Fine Print?

David Larock in Mortgages and Finance

If choosing the best mortgage were only about finding the lowest rate, then guys like me wouldn’t have much to talk about. After all, a...

Read More

A Different View - Live Green

Anne Midori in Mortgages and Finance.

Editor's Note: "A Different View" is a periodic series in which guest bloggers are invited to share new and differing views on all things...

Read More

Home Buying 101: How Title Insurance Works and Why You Should Buy It

David Larock in Home Buying, Mortgages and Finance, Legal

Your property’s title provides the legal proof that you are its owner. It describes your rights to the land and any...

Read More

Open vs. Closed Mortgages: The Surprising Winner Is…

David Larock in Mortgages and Finance

Borrowers who make financing flexibility their highest priority often wonder whether it is better to choose an open or a closed mortgage....

Read More

Fixed-rate Mortgage Penalties: Paging Mr. Flaherty

David Larock in Mortgages and Finance

If you originally secured a mortgage by going to your favourite Big Five bank for advice, then chances are very good that you signed up for a...

Read More

How the US Lent Its Way to a Housing Bubble and Why It Didn't Happen Here

David Larock in Mortgages and Finance

Our fears of a Canadian housing bubble are understandably exacerbated by the US housing debacle that continues to unfold. We are inundated...

Read More

Pre-approvals: Why They Aren’t Worth the Paper They’re Written On and Why You Should Still Get One

David Larock in Mortgages and Finance, Home Buying

Mortgage pre-approvals are full of conditions and qualifiers, and when you think about it, why wouldn’t they be? When you submit...

Read More

Home Buying 101: Waiving Your Financing Condition

David Larock in Mortgages and Finance, Home Buying

Buyers will often include a financing condition when drafting an offer to purchase with their realtor. This clause gives them...

Read More

Fixed-rate Collateral Mortgages: Good for Banks, Not for Customers

David Larock in Mortgages and Finance

This week, Toronto Dominion (TD) Bank very quietly tweaked the way it registers its mortgage loans. While this may at first seem like a small...

Read More

How to Make Your Mortgage Tax Deductible (Part Two)

David Larock in Mortgages and Finance

Welcome to Part Two of my post on How to Make Your Mortgage Tax Deductible.

In Part One, we showed that setting up a tax-deductible mortgage...

Read More

Fall Mortgage Market Update

David Larock in Mortgages and Finance, Toronto Real Estate News

This has not been your garden variety global recession. For starters, it began with the bursting of a giant credit...

Read More

How to Make Your Mortgage Tax-deductible (Part One)

David Larock in Mortgages and Finance

Canadian mortgage interest can be tax deductible. Surprised? Most people I talk to about converting their mortgage to a tax deductible loan...

Read More

Home Buying 101: Budgeting for a Mortgage

David Larock in Mortgages and Finance, Home Buying

Developing a budget before taking on a mortgage is a crucial step that many first-time home buyers avoid like the plague. The...

Read More

The Hidden Value in Rental Properties When Rates Are Low

David Larock in Mortgages and Finance

In today’s interest-rate environment, using a rental property’s Free Cash Flow to determine its value will significantly understate its...

Read More

Do Higher Interest Rates Cause Lower House Prices?

David Larock in Mortgages and Finance

I have always enjoyed challenging widely held beliefs, probably because so many of them fall apart upon closer examination. Most recently, my...

Read More

Interest Rates: Why the Sky Isn't Falling

David Larock in Mortgages and Finance

Editor's Note: This week's post also appears in the September issue of REM magazine.

What a roller coaster ride the last two years have been....

Read More

The Mortgage Deal of the Week

David Larock in Mortgages and Finance

Read More

Reverse Mortgage Financing - Is it Right for You?

David Larock in Home Buying, Mortgages and Finance

One of the most common observations made about the financial profile of average baby boomers is that too much of their net worth...

Read More

Summer Mortgage Market Update

David Larock in Mortgage and Finance

Any attempt to forecast the direction of Canada’s interest rates in today’s environment must weigh the strength of our domestic economy...

Read More

Applying for a Mortgage: The Income Tests

David Larock in Mortgage and Finance

When it comes to underwriting a mortgage application, your income is the straw that stirs the drink. Income has proven to be the lender’s most...

Read More

Interest Rates and The Liquidity Trap

David Larock in Mortgage and Finance

Falling interest rates are usually met by borrowers with a toast all round. After all, what other substantial cost do we have that has the...

Read More

Mortgage Financing for Vacation Properties and Second Homes

David Larock in Home Buying, Mortgages and Finance

Happy belated Canada Day! This past weekend as I wound my way north up to cottage country, I was thinking of ideas for this...

Read More

Closing Costs – The Stomach Punch of the Home Buying Process

David Larock in Home Buying, Mortgages and Finance

Estimating your closing costs after the excitement of buying your home is about as appealing as sorting out travel insurance...

Read More

CMHC Mortagage Insurance – How It Works and How it Can Be Improved

David Larock in Mortgages and Finance

In many ways, our government run CMHC mortgage loan insurance program works a bit like the typical Bank of Mom and Dad. When lenders find...

Read More

There are no posts matching this criteria.