User Posts: mortgages@markogelo.ca
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Weekly Wrap Up: bonds up | dollar down | 40% chance of a hike | Foreign Buyer Ban | Dropping Fertility Rate
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It was a hectic week for mortgage rates. Canada shed 68,000 jobs, yet fixed rates trended higher anyway, and the reason has more to do with Washington than ...

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Net Worth Qualification: Use Your Assets to Qualify
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With qualification rules as tight as they are, many buyers with strong savings are being told their income isn't enough — and the go-to suggestion is often to ...

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Purchasing a Home and Getting Extra Money for Immediate Renovations
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With fixer-uppers sitting longer and sellers more open to offers, dated homes are quietly becoming some of the best buys in both BC and Alberta. What most ...

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How To Predict Rising Interest Rates?
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Most people assume fixed mortgage rates move randomly, or that only lenders know when a change is coming — neither is actually true. There's a specific pattern ...

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5 Big Headlines From This Week — And What They Mean for Your Mortgage
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A recap of this week's biggest headlines — Canada's investment pitch, a new tax break, a Fed hike — and what they could mean for your mortgage rate. I broke ...

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Can you buy Property if you are not a Canadian Citizen?
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Buying property in BC as a non-Canadian isn't one hurdle — it's two. A federal law decides if you can buy. A separate BC tax decides what it costs you. Clear ...

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I Bet You Didn’t Know This About Variable Rate Mortgages
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Two types of variable rate mortgages, a hidden "trigger rate," a rate hold trick, and a conversion catch — here's what most homeowners never get told.

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Prime Rate Remains As Is, but Fixed Rates are on the Move
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The Bank of Canada held rates today, but fixed mortgages could still rise. Here's the bond market story behind the headline — and what to do about it.

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The Truth About Mortgage Rate Holds
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If you're shopping for a home or coming up on a renewal in the next several months, your rate hold matters more than you'd think — and it doesn't work the way ...

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Canada 5th Largest Holder of US Debt – what this means
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Canada just landed at #5 on the list of the largest foreign holders of U.S. government debt — $460 billion worth, according to the latest Treasury data. Most ...

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