News, Views and Trends!
I know it might seem strange to look at what financial literacy means in the second post of a financial series and not the first, but sometimes, with every step forward we need to take a step back and look at the bigger picture. This is more true in finance than anywhere. So what better way to do that than to break it down now.
Continue reading “Finance Series – Part Two: Financial Literacy”
In case you missed it check out the video below of our October 28th, Roundtable Discussion on Housing and Mortgage Market Insights…
Did you hear the news? Or did you miss it? Last week the Bank of Canada announced they would stop buying Canada Mortgage Bonds. But it seems like nobody is talking about this.
Why should you be paying attention to this?
Continue reading “What’s happening with Canada Mortgage Bonds?”
Rates are at all time lows and are expected to stay that way for a while! This means payments can’t go much lower. Let’s put interest rates and mortgage costs in perspective.
Here is what MORTGAGE PAYMENTS on a $400,000 mortgage look like with a 30 year amortization:
Continue reading “Rates are at all time lows”
I recently participated in a conference call with Scotiabank’s Chief Economist & SVP, Jean-Francois Perrault and John Webster President & CEO Scotia Mortgage Corporation. It was good to hear real financial experts make sense of what has happened and what will most likely happen.
Here are of some of the highlights:
Continue reading “Is the COVID-19 emergency over? An economists perspective.”
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