There’s still way too much inefficiency in the mortgage research process. That is, if we’re to believe the latest CMHC data. Three out of four homebuyers used websites to gather...
The wait for good news on trade is over. The U.S. and Canada reached a last-minute deal on Sunday to replace the currentNorth American Free Trade Agreement (NAFTA). And we’re...
Two-thirds of consumers expect interest rates to rise in the next 12 months, according to a new report from Mortgage Professionals Canada. Only a measly 2% expect rates to fall....
Roughly 1 in 6 Canadians work for themselves and CMHC wants to help them get a mortgage. Most notably, the nation’s largest default insurer is allowing lenders more flexibility when...
The market is betting on rates heading higher this Wednesday. That’s bad news for mortgage shoppers. Or is it? One could argue that a rate hike on July 11 makes...
One in four borrowers will renew their mortgage this year, estimates the Bank of Canada. Some of them are about to find renewing a whole lot trickier and potentially more...
“We cannot withstand a trade war with the United States” – Rona Ambrose. When over 70% of your exports go to one country, and that country’s representativessay,“There’s a special place...
Confusion and angst. That’s what TD caused with its 45-basis-point 5-year posted rate hike on Friday. But as it turns out, no other banks matched it, at least not yet....
New data has more than a few observers second guessing Ottawa’s latest mortgage clampdown. RE/MAX’s 2018 Spring Market Trends Report quantifies the by-products coming from one of the biggest mortgage...
If Jimmy Fallon’s “puppy predictors” ever start forecasting interest rates, some economists could be out of work. These four-legged furballs may very well have just as much forecasting ability as...