Tag Archives: Bank of Canada

Will You Pass the Mortgage Rate Stress Test?

A doctor may prescribe a stress test to safeguard your health by monitoring breathing, blood pressure and heart rhythm. The Department of Finance is prescribing one to protect the financial security of Canadians and support the long-term stability of the … Continue reading

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Is Canada’s housing market in a bubble?

Talk about varying opinions. The Globe and Mail’s real estate reporter Tamsin McMahon analyses seven ways the Canadian housing market is measured – and explains why some assessments are better than others. “Is Canada’s housing market in a bubble? The … Continue reading

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The Incredibly Shrinking Variable Discount

Fixed or variable? Fixed or variable? Everyone wants to feel as though they had made the best choice when deciding between a fixed or variable rate mortgage.  In this economy however, there is no right or wrong answer.  All the … Continue reading

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