Mortgage, Money and Dream – Our thoughts on Canadian Mortgage Market
Call Us: 416-930-1225

Rate Outlook – Brief summary

We all know that the market is very volatile right now. Among all those volatilities there are certain indicators those are pointing towards a rate rebound. The short term interest rates like variable rates will go up in 2015 according to RBC Financial Market Forecasts. It has

Read more

Growing inflation, how much worried should you be?

Canadian 5 year Bond Yield - One month trend - June 2014

Last week Canadian consumer price index made a lot of headlines, by reaching 2.3% in May 2014. For the first time in two years that inflation went about 2% mark. As a result all the investors thought that this is a clear indication of future rate hike.

Read more

Bank of Canada has no news for Canadian borrowers

Canadian latest overnight lending rate and Prime bank rate - BoC
Canadian Interest Rates Bank of Canada, as usual, once more decided not to move its overnight target rate. The bank, Canadian central bank that is, controls overnight lending or short-term lending between Canadian financial institutions using target overnight rate. A low overnight target rate ensures that theRead more

Canadian interest rate on a path to where?

Overnight Rate outlook SOURCE, BMO, TD, RBC, CIBC, Scotia

The weakest growth potential in the Canadian financial landscape belongs to Canadian overnight interest rate. Bank of Canada chief Stephen Poloz thinks that inflation rate is not going to show any sign of life this year. For inflation rate to return to its healthy self may take

Read more

Bank of Canada issued 50 years bond

Ultra long term bonds that will mature in the end of 2064 were issued by the Government of Canada with a yield of 2.96%. According to the press release by the government – there are two major benefits – one is low cost long term refinancing and

Read more

Bank of Canada maintains the target interest rate at 1%

Canadian prime rate and Bank of Canada overnight rate - April 2014

Bank of Canada today announced that it will maintain the key interest rate at 1% till first week of June. The bank expects that the economic conditions will improve in near future and slowly inflation will head North. For now housing is still in a very tricky

Read more

Lowest qualifying rate in recent history – 4.99%

Variable rate qualifying rate drops again

Many lenders are still qualifying borrowers with an above 5% interest rate. According to Bank of Canada the lending rate (Conventional mortgage – 5-year) stands at 4.99%. The same rate is generally used to qualify a borrower who is seeking less than 5 years fixed terms or

Read more

Bank of Canada likely to maintain current course

The Target Overnight Rate is important to a borrower because it is somewhat loosely tied to the Prime Lending Rate set by the lenders. Today the Canadian Central Bank will once again announce its target for the Overnight Lending Rate till 16 April 2014. Experts are not

Read more

Bank of Canada – A Briefing on Canadian Residential Mortgage Market

Lensers share of residential mortgage market - Bank of Canada

Housing market and mortgage borrowing have been a thorn on the policymakers seats for a while. No one bar the buyers from buying a home and at the same time nothing stopping them to dig deeper into mortgage debt. From the supervisory perspective this is dangerous. This

Read more

Bank of Canada – Target Overnight and Qualifying rate standing still

Bank Of Canada Benchmark Five Years Bond Yield Vs Qualifying Rate December 2013

in Soon, Bank of Canada will announce its target overnight rate for next month and a half. All the speculations are pointing towards no change. Recent weakness in Canadian currency is not a reason for the bank to be alarmed and it is a good thing for

Read more

Should Canada lay off CMHC?

Canadian five years bond yield 10 years chart Nov 13

Inflation has been performing under the normal level for a long time. Bank of Canada with their so called monetary stimulus failed to revive inflation to a healthy level. Beside weak inflation, strong housing is another serious threat to our economy – if it is in a

Read more

OECD, Fitch and Bank of Canada Chief have nothing in common

OECD is very optimistic about Canadian economy. It thinks that Canada is heading towards the right direction and it will get out of the current economic turmoil soon. It thinks that Canadian economy will attain its glorious 2% inflation target by the end of 2015. In its

Read more
Page 1 of 5123...Last »