Category Archives: Blog

Fixed Mortgage Rate Forecast – 2014

It appears that an era of consistently low mortgage rates with no significant prospects for increases is about to come to an end.  At least for long term fixed mortgage rates. Mortgage rates are directly tied to the market yield for government bonds of similar duration, and a significant economic stimulus program is beginning to wind down. The US Federal reserve began a bond purchase program in November of 2008 … Read More

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A Look Back at 2013 5 Year Mortgage Rates

Mortgage rates were a hot topic throughout 2013.  Governments intervened in money markets to manipulate mortgage rates in both Canada and the US.  While the US’ quantative easing (QE) program was focused on keeping rates low, Canadian policy makers were busy threatening rate increases and chiding banks for low mortgage rates.  Looking back at 2013 we can see that the US won the rate manipulation game. Quantative easing used the … Read More

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