Three (OK, Two) Reasons Rates Will Not Hit 5%

[vc_row][vc_column width=”1/1″]The link below is worth a read if you are concerned about rates, and I agree with two of three points. #2 not so much.   Short Version Inflation is non-existent The pain would NOT be catastrophic (As explained in past...

But They Said It Was Portable…

Short Version:   The question most often asked: ‘Is my mortgage portable?’   The answer most often given: ‘Yes.’   This answer is increasingly wrong.   In reality you qualify to move ~80% of the balance… maybe.   If you are thinking of: Moving...

Are interest rates taking off without you?

[vc_row][vc_column width=”1/1″] The image is of an actual flight leaving without me July 14, 2017. Despite being given 90min extra due to a delay…I missed it! A first in 25 years of solo travel. I also missed calling this rate hike accurately. It was...

Life Is Variable, Perhaps Your Mortgage Should Be As Well

[vc_row][vc_column width=”1/1″] The case for variable has always been strong, although often a few misconceptions must be addressed to clarify why this is.   Economic good news is what pushes interest rates up, not economic bad news. When’s the...

Foreign Buyer Tax Impact, Or Lack Thereof

[vc_row][vc_column width=”1/1″]The chart from a recent CMHC presentation says it all.   ***Note*** The percentage numbers on the right of the image are the total number (quantity) of sales – NOT the sales price.   Prices have not declined...