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TagMortgage Rates

Average inflation targeting… remember this term.

Last week, I participated in a webinar featuring Economist Dr. Peter Andersen.  While there was a lot of information covered, today I want to focus on a couple of key areas.  

  • What can business expect in 2021? 
  • Average inflation targeting and why you should remember this phrase. 
Continue reading “Average inflation targeting… remember this term.”

Because not everyone fits into the same box

You might have seen the headline “HSBC crushes mortgage records with 0.99% variable rate”. No doubt about it, this is a great rate. However, it’s not for everybody. It is important to remember, like most deals, there are some restrictions. Among other things this offering is limited to high-ratio mortgages with a downpayment of less than 20 per cent. The reality is a higher interest rate may apply for non-owner-occupied properties, amortizations greater than 25 years and other exceptions to standard lending guidelines. 

Continue reading “Because not everyone fits into the same box”

Is the COVID-19 emergency over? An economists perspective.

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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