We rarely comment on GIC dealsbut there’s an opportunity out there that can’t be ignored. GICs are notfor most people, but for someconservative investors theyhave their place. For GIC loverswho...

A quickbriefing on recent mortgage rate developments: Higher Rates on the Radar:The market has now fully priced in a rate hike this year, based on the yieldsof interest rate derivatives....

Almost every public statement the Bank of Canada makes is scripted. Case in point was thespeech today from the Bank of Canada’s Senior Deputy Governorin Winnipeg. She came with prepared...

Debt ratios are rising, but it’s not just because borrowersare taking on more debt. They’rerising because the government changed the rules of the game. Last October it made allinsured mortgage...

Big bank posted mortgage rates arelike sticker priceson new boats. Almost nobody pays them. Today’stypical5-year posted rate is 4.64%. Were you to get stuck paying this joke of a mortgage...

Here’s a stat that’s got debt and housing critics talking: Almost 3 in 4 homeowners say they’d suffer “financial difficulty” if their mortgage payment rose by 10%. This warning comes...

The “Trump Bump” it was called — that 50+ basis point run-up in rates following President Donald Trump’s surprise presidential win. Well, theTrump Bump has become the Trump Dump. Bond...

It’s easy to stoke fear of a crisis when there’s already a purported crisis. Toweringhousing valuations in Canada’s internationally renowned cities have prompted bubble-talk for years. Housing bearsare constantly speculating...

The foundation for all Canadian interest rates is the overnight target rate. It’s been stuck at orbelow 1% for an incredible eight years. That’s never happened before. We’re living in...

This week on RateSpy TV: Sky High Prices & Your Mortgage:Big-city home prices are going orbital. That’s making it harder to score a mortgage approval. The Spytells you how hard....