The difference between a lender’s cost to lend for 10 years versus five years is near an all-time low. Yet,10-year ratesremain too high to attract much interest. This chart below...

For two years, the federal government and regulators have been talking up the virtues of their mortgage stress test. So, imagine the surprise today when the Prime Minister asked the...

Rates are breaking out. Canada’s widely watched 5-year bond yield just hit a seven-month high. That’s typically bullish for fixed mortgage rates. Trendsetter RBC wasted no time this morning. It...

Five-year fixed rates have dominated consumer mindset all year, but that dominance may start waning in 2020. If you believe unemployment has bottomed out in this country, and you believe...

Canada just witnessed its worst spike in unemployment since the Great Recession of 2009. An estimated 71,200 jobs were lost in November. And we all know what happens when unemployment...

With just 12 days until Tariff Man’s next round of threatened tariffs kick in against China, and with new import taxes now threatened on Europe and South America, the market...

It’s become easy to move your money from one financial institution (FI) to another online. Major banks hate it. Small FIs love it. The internet lets upstarts swipe market share...

Most big banks now have online mortgage pre-approvals. No news there. But three decades following the invention of the world wide web, big banks still don’t let you get a...

Savings account rates are not usually our playground. But when a bank launches a savings rate that’s 43 basis points above the typical 5-year fixed mortgage rate, it’s worth a...

Canadian government bond yields, which lead fixed mortgage rates, are essentially adrift at sea. They, like so many other global yields, seem to just be biding time until positive (or...