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My Mortgage Blog — Latest Posts
Phil Fitzgerald || March 22, 2019
Anatomy of mortgage changes
There is little doubt that housing sales have slowed down in the past year, due in large part to stricter mortgage regulations. Part of those regulations is a mortgage stress test that requires...
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Phil Fitzgerald || March 15, 2019
The Canadian economy and the housing market
We are living in strange times, economically speaking. Mortgage stress tests have slowed the housing market and may be one of the reasons the Bank of Canada has signaled it may pause on increasing...
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Phil Fitzgerald || December 06, 2018
The Upside of Alternative and/or Unregulated Lenders
A recent report from the Bank of Canada reviewed the impact of the government's policy changes on the mortgage market. It found that overall market activity had slowed -- something we knew would...
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Phil Fitzgerald || October 18, 2017
3 Reasons Canadian Mortgage Rates Will Never Hit 5%
High borrowing rates are a relic.Canadian regulators may soon force borrowers to qualify at interest rates two percentage points above the contract rate.With many posted mortgage rates now approaching...
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