You can compareShort or long term mortgage rateshere. Another very interesting relationship is how the 1 year and 5 year mortgage interest rates compare over time. People often ask me if they should choose the short term rates or lock in for the long term rates with their mortgage. The ans...
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Fixed mortgage rates dropped steadily last week. While they still aren’t back to pre-crisis levels, if they keep falling, they may get there soon. Variable mortgage rates haven’t yet responded to the same degree because their associated funding costs aren’t easing as quickly. Lender prime ...
Canadian Banks Raise Fixed Mortgage Rates, Variable Rates Could Soon FollowBig banks hike fixed mortgage rates--Several Canadian banks have increased their fixed-rate...Marowits, Ross
These articles delve into best practices and strategies for brokers and brokerages on how to thrive in today’s mortgage market. This can include everything from marketing advice to tips on incorporating the latest technology to ensure mortgage consumers
The impact of credit rationing on the real sector: a study of the effect of mortgage rates and terms on housing starts Various studies of the impact of credit rationing on the housing sector have examined its effect on mortgage terms and flows. If credit rationing has a sig... SR Stansell...
Our super-low mortgage rates won’t be around forever, but they are here to stay at least in the short term, as the Bank of Canada left it’s 0.5% overnight rate unchanged last month, citing uncertainty in the volatile international commodities market: ...
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Canada's history of leaning towards protectionist trade policies and xenophobic immigration policies, what Saunders refers to as the "minimizing impulse," has almost certainly left a lasting legacy. It’s hard to believe that more ambitious and expansionist policies through the post-war years would...
It also provides an explanation for the long history of bank stability in Canada. Of course, extensive branch banking implies bigger banks which goes against your argument. Also, the replies in the post above are far from convincing. Telling me Canadian banks have more leverage is meaningless ...