Tag: Mortgage Interest Rates

November 15, 2012

Mortgage Interest Rate Update November 15th 2012

Everything you need to know this week about Canadian mortgage interest rates. Rates remain low and there is nothing on the horizon likely to change that. There is still lots of so-called global ...

November 12, 2012

Economic Buzz with Benjamin Tal Fall 2012

I can’t seem to avoid the conversation about real estate in Canada. This past weekend I must have been asked at least half a dozen times about my thoughts on the market. I always give the same ...

November 7, 2012

Mortgage Interest Rate Update November 7th

Last week the Globe & Mail published an interesting article in their mortgage section entitled pay your mortgage like it’s 2007 by Vancouver mortgage broker Rob McLister. In the article Rob ...

October 3, 2012

Mortgage Interest Rate Update October 3rd

Do you know why you are looking for the lowest mortgage interest rate? Because interest rate is the price of the money you borrow. And all things being equal you want the best price for any product ...

September 26, 2012

Mortgage Interest Rates Update

Do you want to get the best mortgage rate? Of course! But if you’re shopping for the best rate you’ve got to look at the macro events happening in the wider Canadian and global economies. ...

June 5, 2012

Bank of Canada Interest Rate Announcement

Guess what happened today at the Bank of Canada’s scheduled meeting? That’s right! Yet again the Bank of Canada has opted to leave the prime rate unchanged. The last time the BoC changed ...

May 28, 2012

Best Mortgage Interest Rates May 28th

Looking for the best mortgage rates? Here are my recommendations for this week. 3 year fixed rate mortgage 2.99% 5 year fixed rate mortgage 3.15% 10 year fixed rate mortgage 3.99% 5 year variable ...

May 2, 2012

Impact of Cmhc Tightening Being Felt on the Danforth

The retail mortgage transaction as you and I know it is just a tiny part of the trillion dollar Canadian mortgage industry.  While we are focused on the everyday mechanics of mortgage financing i.e. ...

April 17, 2012

Bank of Canada Leaves Prime Rate Unchanged

For the 13th consecutive time there is no change to report regarding the Bank of Canada’s prime rate. This came as no surprise to economists and observers but of note was the rosier picture ...

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