Federal Government Announces Change to Minimum Down Payment Rules

On December 11, 2015, Federal Finance Minister Bill Morneau announced changes today to the rules for government-backed mortgage insurance. Effective February 15, 2016, the minimum down…

Why the Gap Between Fixed and Variable Mortgage Rates May Widen

By David Larock. Last week the Bank of Canada (BoC) left its overnight rate unchanged as expected. It has now been more than four years since…
Economy & Mortgage Rates

Why Are Bond Yields Falling in the Face of Improving Economic Data?

By David Larock. It must be tough to teach economics in the bizarre world we find ourselves in today. To wit: Last week Statistics Canada reported…