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The Length of Our Recovery Could Have a Surprising Impact on Your Mortgage | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
6 years ago

 Last week Bank of Canada (BoC) Governor Poloz delivered his final speech and press conference before passing the baton to,.. Read More;

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Why CMHC Shouldn't Raise Its Minimum Down Payment from 5% to 10% | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
6 years ago

Last week, Evan Siddall, CEO of the Canada Mortgage and Housing Corporation (CMHC), made a speech to our federal government’s,.. Read More;

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To Review | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
6 years ago

I took the Victoria Day weekend off so there won’t be a new post this week. Instead, here are links,.. Read More;

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Will Record Job Losses Lead to Negative Bond Yields? | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
6 years ago

Last Friday, Statistics Canada (Stats Can) confirmed that our economy lost another two million jobs in April, adding dramatically to,.. Read More;

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Should You Break Your Fixed-Rate Mortgage for a Lower Rate? | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
6 years ago

I have been fielding a lot of calls lately from fixed-rate borrowers who are wondering if they could save money,.. Read More;

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Canadian Mortgage Rates Are Finally Starting to Fall | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
6 years ago

Most of the borrowers I speak with these days are surprised to learn that mortgage rates are higher now than,.. Read More;

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Is the Bank of Canada's Firehose Working? | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
6 years ago

The Bank of Canada (BoC) held its policy rate at 0.25% last week, as was universally expected.The Bank also released,.. Read More;

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Our New Canadian Mortgage Landscape? | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
6 years ago

Last week we learned that our economy lost slightly more than 1 million jobs in March.Over that same period, another,.. Read More;

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The Slam Dunk Mortgage Option Right Now (and a Warning about HELOCs) | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
6 years ago

If you need a mortgage now and you don’t already have a commitment in place, a variable rate seems like,.. Read More;

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The Bank of Canada Cuts Again and Policy Makers Get Creative | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
6 years ago

Last week our economy slowed to nearly a halt as self-quarantined Canadians hunkered down to wait out the COVID-19 threat.Our,.. Read More;

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Mortgage Strategies for the Coronavirus Crisis | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
6 years ago

The COVID-19 crisis added more tumult to the Canadian mortgage market last week.Lenders raised both their fixed and variable mortgage rates,,.. Read More;

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Fixed or Variable? To Be Determined | Dave The Mortgage Broker

Dave The Mortgage Broker
Mortgage Finance
6 years ago

In last week’s post, I reported on the first policy-rate cut by the Bank of Canada (BoC) in more than,.. Read More;

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