Someday you’ll be getting mortgage advice from an online robot. This “chatbot” will ask you questions to determine your needs. It’ll then recommend the most suitable mortgage based on your...

Captain Chaos, a.k.a., The Golden Wrecking Ball, a.k.a., President Donald, has just punched America’s allies in the face with a short-sighted metals tariff, a move Canada and the EU proclaimed...

Here’s the latest on today’s Bank of Canada rate announcement: Rate Decision:No change in rates Prime Rate:Remains at 3.45% Market Rate Outlook:Two more hikes in 2018 BoC GDP Outlook:2% growth...

All it takes to derail an uptrend in mortgage rates is one little global crisis. And that’s potentially what we’ve got. Canada’s 5-year bond yield—which drives fixed mortgage rates—has plunged....

The worst trap a mortgage expert can fall into is thinking they’re shrewd enough to predict interest rates. Yet, they do it because they: Think they’re smarter than the market...

Prime – 1.00% is a primo mortgage rate. No question about it. Yet, there are people complaining that it’s not the “prime minus one” of old. Prior to January 2015,...

The big fella, RBC, has come to play with its very ownprime – 1.00% offer. So has CIBC, according to our branch contacts.(CIBC’s official comment is that, “Our posted rates…have...

“Rate war” is a cliché in this business. But that’s exactly what we’ve now got in the variable-rate mortgage market. BMO started it all with its record-setting prime – 1.00%...

One week ago BMO stunned competitors with arecord variable-rate discount. Now, one of its juggernaut competitors—TD—is responding. TD has just matched BMO’s special with its own prime – 1.00% offer...

It turns out, we weren’t sniffing glue by arguing that 47% of mortgages are not up for renewal this year. “Some pundits have been circulating inaccurate information recently,” National Bank...