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Andrew Matheson || March 11, 2021

Fixed vs Variable Rates

Fixed mortgage rates in Canada have been marching higher over the past couple of weeks, led by a rise in funding costs for mortgage lenders.The main culprit is rising bond yields, which typically lead...

Andrew Matheson || July 23, 2018

Interest Rate Hike has Winners

Interest rate increase has winnersBelieve it or not, the recent .25% rise in the prime interest rate is an indicator of a healthy economy. Despite trade tensions, Canada’s economy looks to be...

Andrew Matheson || June 14, 2018

Housing Affordability continues to erode

Housing affordability continues to erodeNew mortgage rules, rising interest rates, and stress tests have definitely cooled housing market activity by making it more challenging for some to qualify for...

Andrew Matheson || November 01, 2017

A Time of Great Change

FRIDAY, OCTOBER 27, 2017A time of great changeAs you probably know, the mortgage rules are changing once again, effective January 1. The introduction of the minimum qualifying rate (stress test), this...