The Bank of Canada raised its key lending rate by 50 basis points this morning to 4.25%.
Watch my live stream discussing the impacts and how we now face inverted rates with variable rates higher than fixed in most cases.
The Bank said it ...
A common mistake some mortgage shoppers make is focusing entirely on getting the lowest rate.
Don’t get me wrong, a low rate is important, of course, and that’s my goal too. But there are also other considerations to keep top of mind whe...
Bank of Canada Raises Rate by 50 bps
A big thank you to everyone who joined us for our live stream! And if you missed our discussion, you can watch the replay right here.
The Bank of Canada raised its key lending rate by 50 basis points thi...
By now, “trigger points” should be in the vocabulary of nearly every variable rate mortgage holder.
There’s been a great deal of coverage lately about trigger points due to the rise in interest rates so far this year.
Put simply, ...
You may feel like rate hikes have been happening for a while now, but they only started increasing on March 2 this year. With so many rate hikes in a short period, many of us want to hit the pause button to get our breath back.
Since March 1...
"The stock market is the story of cycles and of the human behavior that is responsible for overreactions in both directions." - Seth Klarman.
Because it's so easy to get pulled into watching TV and scrolling the news these past few months......
A volatile few months indeed. Now that we are at the end of August, where are interest rates heading?
The 5-year bond yield lowered to under 3% but recently has climbed back over the 3.25% mark. Usually, down or upward pressure on bond yield...
Are you looking for clarity on TD’s variable interest rate mortgage with the recent Bank of Canada interest rate increases?
You may have chosen a variable rate for its flexibility, predictable pre-payment penalty and lower initial rate to ...
For many homebuyers, the down payment is the biggest hurdle to homeownership.
This is especially true for first-time buyers, who often have to scrimp and save for years to come up with the down payment needed for their purchase. The challe...
Anyone who has bought and sold a home in the past knows it can sometimes be tricky to get the closing dates on both deals to line up perfectly.
This is often crucial for buyers since they usually rely on all or part of the proceeds from sell...