.Here’s a daily helping of fresh Canadian mortgage news (the italics are the Spy’s 2 cents). Reader note: RateSpy’s mortgage news is now at → RATESDOTCA. Rebounding Economy Likely Means Rate Hikes Sooner Than Expected (RATESDOTCA) The latest from Canada’s econo-seers… May 2021 Mortgage Rate Outlook (RATESDOTCA) There’s a new mortgage term in the “value zone”. Higher loonie won’t stop...
.Here’s a daily helping of fresh Canadian mortgage news (the italics are the Spy’s 2 cents). Reader note: RateSpy’s mortgage news is now at → RATESDOTCA. 10 Things to Know About Mortgages This week… (RATESDOTCA) Inflation expectations are becoming unanchored and that’s a problem. Let’s stress-test government (Financial Post – Subscription) Mintz: “…What’s good for the goose is also good...
Here’s a daily helping of fresh Canadian mortgage news (the italics are the Spy’s 2 cents). Reader note: RateSpy’s mortgage news is now at → RATESDOTCA. . A New Record-Low Canadian Mortgage Rate (RATESDOTCA) Fed holds interest rates near zero, sees faster growth and higher inflation (CNBC) The Fed downplays rising inflation citing temporary “base effects” (i.e., abnormally low inflation...
Here’s a daily helping of fresh Canadian mortgage news (the italics are the Spy’s 2 cents). Reader note: RateSpy’s mortgage news is now at → RATESDOTCA. . How Not to Lose Money in Mortgages (RATESDOTCA) Outsmarting the bond market isn’t as easy as some mortgage pundits would have you believe. Amid hot housing market, stretched borrowers may be stretching the...
Here’s a daily helping of fresh Canadian mortgage news (the italics are the Spy’s 2 cents). Reader note: RateSpy’s mortgage news is now at → RATESDOTCA. New First Time Home Buyer Incentive On Deck (RATESDOTCA) Proposed mortgagerulechangelikely to sowmore anxiety than cool prices (Edmonton Journal) A similar change to insured mortgages would pack a bigger punch. And industry execs we...
Here’s a daily helping of fresh Canadian mortgage news (the italics are the Spy’s 2 cents): Home Prices Off the Rails (RATESDOTCA) Global home price boom has central banks facing an inflation conundrum (Financial Post) Whether reflected in price indices or not, soaring home values create price pressures elsewhere in the economy. Inflation forces the Bank of Canada’s hand ahead...
Here’s a daily helping of fresh Canadian mortgage news (the italics are the Spy’s 2 cents): Could Homeowners Staying Put Add Pressure to Home Prices? (RATESDOTCA) Posthaste: Why Canadians should brace for higher mortgage rates sooner than expected (Regina Leader-Post) Actually it was a good time to start thinking about fixed rates (for those suited to fixed) 2 to 4+...
Here’s a daily helping of fresh Canadian mortgage news (the italics are the Spy’s 2 cents): Surprise! Bank of Canada Now Sees Rate Hikes as Early as Next Year (RATESDOTCA) The Bank’s forward guidance loses some credibility. 5-year Fixed Mortgage Rates Drop … Slightly (RATESDOTCA) “Good Grief” Mr Macklem (Agility Forex) “…the BoC may be the first G-10 central bank...
Here’s a daily helping of fresh Canadian mortgage news (the italics are the Spy’s 2 cents): 5-year fixed mortgage rates drop … slightly (RATESDOTCA) Federal budget 2021:Ottawa plans vacant home tax to dissuade foreign speculators, along with billions for affordable housing (The Globe & Mail – Subscription) A 1% tax is supposed to dissuade foreign buyers looking for safe offshore...
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