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RateMiser Economics - Our Mortgage Blog
Archives for: March 2010 (2 posts)
Mortgage Rates Are Heading Higher
Buyers (and Sellers) Beware - The New Mortgage Rules will Reduce Buying Power
March 29, 2010 @ 2:12 PM by: Layth Matthews, AMP, MBA, CIM
The buzz on the street today is that the 3, 4, and 5 year mortgage rates are heading higher. Positive economic news has led to increasing competition for capital leading one major bank to raise its rates a full .6%. So the best 5 year fix ... [read full post]
Posted in Buyers (and Sellers) Beware - The New Mortgage Rules will Reduce Buying Power
March 18, 2010 @ 8:14 PM by: Layth Matthews, AMP, MBA, CIM
This month Finance Minister Jim Flaherty announced a set of new guidelines for the Canada Mortgage and Housing Corporation (CMHC) and its competitors (i.e. Genworth and AIG) that are about to change the rules of the housing game, signi ... [read full post]