Have you ever walked on a frozen lake and worried you’re going to fall through? That’s the feeling of many traders right now — the ones shorting Canada’s 5-year government...

So many factors can cause you to pay a higher mortgage rate. One of the least transparent is government regulation. Since 2008, Ottawa has layered mortgage policy upon mortgage policy,...

Reuters reported Friday that regulators were considering drastic new restrictions on private lending. But given the newswire’s anonymous sources, no one has been able to validate the reporter’s claims. We’re...

After the Financial Consumer Agency of Canada (FCAC) released its critical report on HELOCs Tuesday, industry folks started wondering what the regulator is going to do with this information. We...

Few years have altered the mortgage landscape like 2018. Canada experienced what is arguably the biggest mortgage rule change of all time (OSFI’s B-20 and its “stress test”). It was...

RBC released its quarterly housing affordability report last week. Once again, it overstated mortgage un-affordability relative to prior decades (aspreviously noted). But it did have some points worth pondering. Among...

The smart guys betting billions of dollars on interest rates are pulling back their wagers on 2019 rate hikes. (More on that, if you’re interested.) And if you believe those...

Many don’t realize that there are two flavours of floating-rate mortgages: The adjustable-rate mortgage (ARM) Its payment rises and falls with prime rate The variable-rate mortgage (VRM) Its payment doesn’t...

Stricter mortgage rules are working, suggests the Bank of Canada in this report today. Now if only we could take that report at face value. New Stats on Mortgagor Debt...

A lot of people in the mortgage biz like to tell customers: “Pay your variable like a fixed.” In other words, increase the payment on your adjustable-rate mortgage (ARM) to...