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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.

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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.

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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.

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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?

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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.

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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.

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Why Are Canadian Fixed Mortgage Rates Rising Again?

Canadian fixed mortgage rates continued to rise last week.

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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.

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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?

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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.

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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. 

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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.

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The Bank of Canada’s Surprising Announcement

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

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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?

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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.

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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?

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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.

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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.

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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.

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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.

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The Loonie’s Power (and Its Constraining Impact)

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

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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.

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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.

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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?

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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?

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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.

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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.

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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?

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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?

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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.

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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.

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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.

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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?

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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.

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The Case for Lower Canadian Mortgage Rates

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

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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?

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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.  

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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?

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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.

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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?

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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?

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2019 Canadian Mortgage Rate Forecast: Look Out Below

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

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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...

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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. 

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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...

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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).

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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?"

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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?

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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?

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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?

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The One Word That Determines Where Canadian Mortgage Rates Will Go

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

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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.

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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?

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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?

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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?

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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.

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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?

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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?

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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. 

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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?

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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.

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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. 

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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...

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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...

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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...

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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...

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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.

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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.

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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...

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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.

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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.

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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. 

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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?

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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...

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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...

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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...

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

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

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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...

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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...

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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...

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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...

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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)...

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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...

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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....

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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...

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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...

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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...

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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...

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

Dave Larock in Interest Rate UpdateMortgages and Finances

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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...

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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...

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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...

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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...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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Pick or Pass: Could you Spot a Blacklisted Condo?

Nicole Harrington in Listings of the Week

Toronto’s housing market is as diverse as its people: ranging in price, size, and location. I pick a Toronto listing or trend to focus...

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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...

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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...

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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...

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Pick or Pass: How Overpaying for a Home May Hurt You

Nicole Harrington in Listings of the Week

Toronto’s housing market is as diverse as its people: ranging in price, size, and location. I pick a Toronto listing or trend to focus...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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,...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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Pick or Pass: Time for You to Consider Regent Park?

Nicole Harrington in Listings of the Week 

Toronto’s housing market is as diverse as its people: ranging in price, size, and location. I pick a Toronto listing to focus on each...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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This Week's Pick of the 6ix: A Legal Triplex

Nicole Harrington in Listings of the Week 

Toronto’s housing market is as diverse as its people: ranging in price, size, and location. We pick the top Toronto listing in each...

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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...

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Pick of the 6ix: Toronto's Listing of the Week

Nicole Harrington in Listings of the Week 

Toronto’s housing market is as diverse as its people: ranging in price, size, and décor. We pick the top Toronto listing in each...

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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...

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Pick of the 6ix: Toronto's Listing of the Week

Nicole Harrington in Listings of the Week 

Toronto’s housing market is as diverse as its people: ranging in price, size, and décor. We pick the top Toronto listing in each...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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

Dave Larock in Interest Rate UpdateMortgages and Finances

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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...

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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...

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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...

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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...

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

Dave Larock in Interest Rate UpdateMortgages and Finances

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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...

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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...

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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...

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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...

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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...

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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...

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

Dave Larock in Interest Rate UpdateMortgages and Finances

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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

Dave Larock in Interest Rate UpdateMortgages and Finances

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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

Dave Larock in Interest Rate UpdateMortgages and Finances

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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...

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26.2 Miles Later - Monday Morning Interest Rate Update

Dave Larock in Monday Interest Rate UpdateMortgages and Finances

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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...

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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...

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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...

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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...

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Running Instead of Writing - Monday Morning Interest Rate Update

Dave Larock in Monday Interest Rate UpdateMortgages and Finances

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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

Dave Larock in Monday Interest Rate UpdateMortgages and FinancesHome Buying

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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...

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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...

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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...

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Monday Morning Interest Rate Update (November 24, 2014)

Dave Larock in Monday Interest Rate UpdateMortgages and FinancesHome BuyingEditor's Note: The Move Smartly Blog Team congratulates Dave Larock on a well-deserved award from...

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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...

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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...

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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...

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The Bank of Canada Reads Its Crystal Ball and Governor Poloz Explains Why He Wears An Ill-Fitting Suit – Mon Morning Interest Rate Update (Oct 27, 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...

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Why CDN Bond Yields Have Been So Volatile and What This Means for CDN Mortgage Rates - Mon Morning Interest Rate Update (Oct 20, 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...

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Why CDN Bond Yields Didn’t React To Our Latest Employment Surge - Mon Morning Interest Rate Update (Oct 13, 2014)

Dave Larock in Monday Interest Rate UpdateMortgages and FinancesHome Buying

Editor's Note: This post appears on Tues this week due to the Canadian Thanksgiving holiday on...

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What the Latest U.S. Employment Data Mean for Canadian Mortgage Rates - Mon Morning Interest Rate Update (Oct 6, 2014)

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...

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U.S Fed Chair Yellen Buys More Time and Bank of Canada Governor Poloz Makes Me Do a Double Take - Mon Morning Interest Rate Update (Sept 22, 2014)

Dave Larock in Monday Interest Rate UpdateMortgages and FinancesHome BuyingToronto Real Estate News

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

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Is a Short-Term Spike in Fixed-Mortgage Rates Coming? Monday Morning Interest Rate Update (September 15, 2014)

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

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

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Latest Employment Data and Bank of Canada Comments Bolster Low Rates for Longer View - Mon Morning Interest Rate Update (Sept 8, 2014)

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

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

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Why Bank of Canada Governor Poloz’s Words Are Music to the Ears of Every CDN Mortgage Borrower - Monday Morning Interest Rate Update (September 2, 2014)

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

Editor's Note: Due to the Labour Day holiday, the Monday Morning...

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The U.S. Fed’s Latest Insights and What They Mean for Canadian Mortgage Rates - Monday Morning Interest Rate Update (August 25, 2014)

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

Gone are the days when central bankers act as invisible hands, which...

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Why Central Bankers Want Higher Inflation and What This Means for CDN Mortgage Rates – Monday Morning Interest Rate Update (August 18, 2014)

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

Editor's Note: Due to technical delay, Dave's Monday Morning Interest...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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  

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Shovelling and Shopping (Monday Interest Rate Update)

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

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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  

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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  

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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  

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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  

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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  

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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  

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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  

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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  

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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  

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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  

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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  

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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 

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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

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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

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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

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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

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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

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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

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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

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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

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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...

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Monday Interest Rate Update

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

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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:

...

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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...

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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...

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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...

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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...

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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...

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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...

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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:...

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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...

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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...

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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...

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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...

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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...

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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...

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Monday Morning Interest Rate Update (May 28, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

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Tuesday Morning Interest Rate Update (May 22, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

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Monday Morning Interest Rate Update (May 14, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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Monday Morning Interest Rate Update (March 5, 2012)

David Larock in Mortgages and Finance, Home Buying, Toronto Real Estate News

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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...

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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...

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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...

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Monday Morning Interest Rate Update (Feb 13, 2012)

David Larock in Mortgages and Finance, Home Buying

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Monday Morning Interest Rate Update (February 6, 2012)

David Larock in Mortgages and Finance, Home Buying

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Monday Morning Interest Rate Update (January 30, 2012)

David Larock in Mortgages and Finance, Home Buying

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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...

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Monday Morning Interest Rate Update (January 23, 2012)

David Larock in Mortgages and Finance, Home Buying

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Monday Morning Interest Rate Update (January 16, 2012)

David Larock in Mortgages and Finance, Home Buying

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Monday Morning Interest Rate Update (January 9, 2012)

David Larock in Mortgages and Finance, Home Buying

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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...

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Monday Morning Interest Rate Update (December 19, 2011)

David Larock in Mortgages and Finance, Home Buying

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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...

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Monday Morning Interest Rate Update (December 12, 2011)

David Larock in Mortgages and Finance, Home Buying

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Monday Morning Interest Rate Update (December 5, 2011)

David Larock in Mortgages and Finance, Home Buying

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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...

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Monday Morning Interest Rate Update (November 21, 2011)

David Larock in Mortgages and Finance, Home Buying

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Monday Morning Interest Rate Update (November 14, 2011)

David Larock in Mortgages and Finance, Home Buying

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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...

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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...

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Monday Morning Interest Rate Update (October 31, 2011)

David Larock in Mortgages and Finance, Home Buying

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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...

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Monday Morning Interest Rate Update (October 24, 2011)

David Larock in Mortgages and Finance, Home Buying

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Monday Morning Interest Rate Update (October 17, 2011)

David Larock in Mortgages and Finance, Home Buying

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Tuesday Morning Interest Rate Update (October 11, 2011)

David Larock in Mortgages and Finance, Home Buying

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Monday Morning Interest Rate Update (October 3, 2011)

David Larock in Mortgages and Finance, Home Buying

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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...

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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...

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Monday Morning Interest Rate Update (September 12, 2011)

David Larock in Mortgages and Finance, Home Buying

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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...

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Tuesday Morning Interest Rate Update (September 6, 2011)

David Larock in Mortgages and Finance, Home Buying

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Monday Morning Interest Rate Update (August 29, 2011)

David Larock in Mortgages and Finance, Home Buying

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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...

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Monday Morning Interest Rate Update (August 22, 2011)

David Larock in Mortgages and Finance, Home Buying

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Monday Morning Interest Rate Update (August 15, 2011)

David Larock in Mortgages and Finance, Home Buying

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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...

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Monday Morning Interest Rate Update (August 8, 2011)

David Larock in Mortgages and Finance, Home Buying

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Tuesday Morning Interest Rate Update (August 2, 2011)

David Larock in Mortgages and Finance, Home Buying

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Monday Morning Interest Rate Update (July 25, 2011)

David Larock in Mortgages and Finance, Home Buying

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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...

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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...

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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...

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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...

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Monday Morning Interest Rate Update (July 4, 2011)

David Larock in Mortgages and Finance, Home Buying, Home Selling

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Monday Morning Interest Rate Update (June 27, 2011)

David Larock in Mortgages and Finance, Home Buying, Home Selling

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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...

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Monday Morning Interest Rate Update (June 20, 2011)

David Larock in Mortgages and Finance, Home Buying

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Monday Morning Interest Rate Update (June 13, 2011)

David Larock in Mortgages and Finance, Home Buying

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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...

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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...

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Monday Morning Interest Rate Update (May 30, 2011)

David Larock in Mortgages and Finance, Home Buying

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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...

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Tuesday Morning Interest Rate Update (May 24, 2011)

 David Larock in Mortgages and Finance, Home Buying

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Monday Morning Interest Rate Update (May 16, 2011)

David Larock in Mortgages and Finance, Home Buying

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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...

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Monday Morning Rate Update (May 9, 2011)

David Larock in Mortgages and Finance, Home Buying

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Monday Morning Interest Rate Update (May 2, 2011)

David Larock in Mortgages and Finance, Home Buying

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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...

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Monday Morning Interest Rate Update (April 25, 2011)

David Larock in Mortgages and Finance, Home Buying

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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,...

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Monday Morning Rate Update (April 18, 2011)

David Larock in Mortgages and Finance, Home Buying

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Monday Morning Interest Rate Update (April 11, 2011)

David Larock in Mortgages and Finance, Home Buying

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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...

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Monday Morning Interest Rate Update (April 4, 2011)

David Larock in Mortgages and Finance, Home Buying

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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....

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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Undisclosed Costs Can Really Add Up

Bob Aaron in Legal, Home Buying, Mortgages and Finance

It’s hard to think of any consumer purchase contract where the price on the front page is not the full purchase price,...

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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...

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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,...

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Five Questions For....Pascal Gauthier, TD Bank Senior Economist on the Real Estate Market in Canada and Toronto

John Pasalis in Five Questions, Toronto Real Estate News, Mortgages and Finance

Editor's Note: "Five Questions For" is a periodic series in which Move Smartly bloggers get answers...

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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...

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A Different View: Another Way to Value Your Home

Bruce Freedman in Mortgage 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...

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The Mortgage Deal of the Week

David Larock in Mortgages and Finance

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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...

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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...

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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...

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The RRSP Homebuyers Plan: An Excellent Way to Save for the Down Payment on Your First Home

Let's face it, saving money for the down payment on your first home can be an overwhelming task. These days, you are...

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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...

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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...

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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...

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The Safe Mortgage

David Larock in Home Buying, Mortgages and Finance

We live in interesting times. While economists and pundits normally debate the degree to which an economic trend will wax or...

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Is a 40-Year Mortgage Hazardous for your Financial Health?

John Pasalis in Money, Home Buying Tips

Last week, the Toronto Star’s Ellen Roseman wrote an article titled 40-year Mortgage Comes with Hidden Hazards. On Move Smartly, we...

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Don't Let Closing Costs Catch You Off Guard

Rachel in Home Buying, Money, Legal

Home buyers, especially first time home buyers, are often surprised by their closing costs.  Although the standard legal fees and land transfer...

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Key RRSP Strategies and Mortgage Financing

Heather in HomeBuying, Money

RRSP season is here and at this time of year, Canadians grapple with issues about finding money to contribute, deciding what to invest in, and...

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Is Now a Good Time to Choose a Variable Rate Mortgage?

John in HomeBuying, Money

With all the news about interest rate cuts recently, many home buyers are wondering if now is the right time to go with a variable rate mortgage. The...

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Tips for Paying Off Your Mortgage Faster

Heather in Money

For most Canadian homeowners, paying off their mortgage as quickly as possible is a top priority. Paying down extra principal in the early years by whatever means...

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Toronto's Land Transfer Tax - The Official Word

Rachel in HomeBuying, Money, Legal

On October 22, 2007, Toronto City Council approved a Municipal Land Transfer Tax (MLTT), the "Toronto Tax," and we have now received more...

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New Condominium Deposits

Rachel in Condo Buying, Legal, Money

A HomeBuyer can decide to buy a new condo at any point that units are available for sale – meaning from the time the sales office is open all...

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First-time HomeBuyers Benefit as Ontario Expands Land Transfer Tax Refund

John in HomeBuying, Money, Toronto Real Estate News

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Toronto's Land Transfer Tax (or Beating a Dead Horse)

Rachel in Home Buying, Money, Legal

Mayor Miller’s land transfer tax (Miller’s Toronto Tax) takes effect on February 1, 2008.

I was having a conversation last night about the...

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Canadian Interest Rates Impacted by US Subprime Collapse

John in Money, Media Roundup

Rob Carrick from the Globe and Mail had a great article last week that highlighted the effects the US subprime mortgage collapse is having on...

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GST Reduction and Unethical Builders - Consumers Watch Out

Rachel in Home Buying, Legal, Money

In my very first post on this blog, I wrote about the GST rebate and how HomeBuyers can take advantage of the benefit of the ‘transitional...

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The 5 "Cs" of Credit

Heather in Home Buying, Money 

Ed. Note.  We are very pleased to welcome a new blogger to the Move Smartly team.  Heather Paterson is an experienced mortgage professional who is...

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Toronto Land Transfer Tax Approved

Rachel in Urban Issues, Home Buying, Legal, Money

Councillor Thompson dropped a stack of over 1,000 sheets of paper at the start of the meeting and announced they represented ‘no’...

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Real Insight: Making Sense of Real Estate Statistics

John in HomeBuying, Money, Toronto Real Estate News, Real Insight

Ed note.  Real Insight is a periodic feature decoding some of the many mysteries surrounding HomeBuying.

Some...

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Real Life: Is it the Right Time to Upgrade Your Home?

John in HomeBuying, Money, Lifestyle, Real Life

Ed note.  Real Life is a periodic feature detailing stories about the situations HomeBuyers encounter in the real world.

A...

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Is the Real Estate Industry Coming to Terms? The Fake or Phantom Multiple Offer in Toronto

Urmi in HomeBuying, Money, Toronto Real Estate News, In the News

No wonder consumers are confused when it comes to HomeBuying – apparently, they are not the only ones.  Departing...

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Real Insight: Is the 40-Year Mortgage Bad News for Canadian HomeBuyers?

John in Money, HomeBuying, Real Insight, In the News

Ed note.  Real Insight is a periodic feature decoding some of the many mysteries surrounding HomeBuying.

Last weekend’s...

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Prepare for the Inevitable – Your New Home or Condo Purchase and the Supplemental Property Tax Bill

Rachel in Condos, HomeBuying, Money

When you purchase a new home or condominium, on your statement of adjustments, there will be a section that references realty taxes (also known...

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Avoiding Sticker Shock – The Statement of Adjustments and Your Condo Closing

Rachel in Condos, HomeBuying, Legal, Money

Nothing sends clients reeling like the statement of adjustments on a new condominium closing, except, perhaps the statement of...

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US Subprime Mortgage Crisis: Here's to Being Boring, Canadian-Style

John in Toronto Real Estate News

I came across a New York Times article this weekend that outlines the lending practices of one of the US's largest mortgage lenders, Countrywide...

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The Nuts and Bolts of the US Subprime Mortgage Market

John in Toronto Real Estate News

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Credit Score 101 for Adventurers and Other Miscreants

Urmi in HomeBuying, Money

For the longest time, I put off one of the first steps any potential HomeBuyer is advised to take: get one with your credit score or rating.  For most...

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Real Life: How Long and Short-Term Interest Rates Affect You

John in Real Life, Money, HomeBuying

Ed note.  Real Life is a periodic feature detailing stories about the situations HomeBuyers encounter in the real world.

In my previous post...

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Real Insight: The Long and Short of Interest Rates

John in Real Insight, Money, HomeBuying

Ed note.  Real Insight is a periodic feature decoding some of the many mysteries surrounding HomeBuying.

Earlier this month, I came across...

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Realosophy Launch

Welcome to realosophy.com!  We hope that you are as excited as we are about our new Toronto HomeBuyer’s website.

We are a group of young consumers and professionals who once...

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