Author Archives for RateSpy Staff

Confusing Data on Online Rate Shopping

There’s still way too much inefficiency in the mortgage research process. That is, if we’re to believe the latest CMHC data. Three out of four homebuyers used websites to gather...

The NAFTA Rate Rally is On

The wait for good news on trade is over. The U.S. and Canada reached a last-minute deal on Sunday to replace the current North American Free Trade Agreement (NAFTA). And we’re...

How a Trade War Could Hold Rates Down

“We cannot withstand a trade war with the United States” – Rona Ambrose. When over 70% of your exports go to one country, and that country’s representatives say, “There’s a special place...

TD’s Mortgage Rate Gambit

Confusion and angst. That’s what TD caused with its 45-basis-point 5-year posted rate hike on Friday. But as it turns out, no other banks matched it, at least not yet....

Stress Test Consequences Adding Up

New data has more than a few observers second guessing Ottawa’s latest mortgage clampdown. RE/MAX’s 2018 Spring Market Trends Report quantifies the by-products coming from one of the biggest mortgage...