Jessi Sandhu - Your Brampton Real Estate Agent
Fixed Rate Mortgages News and Articles | My Blog

What's next for variable-rate mortgages in 2023?

2/14/2023 | Posted in Mortgage Interest Rates by Jessi Sandhu

mortgages-475.jpg - Real Estate News One of the most prominent discussion points between brokers, agents and their clients, the fixed-versus-variable debate, took a significant swing in 2022 as a big trend of ... More


What's next for fixed mortgage rates in Canada?

2/8/2023 | Posted in Real Estate News by Jessi Sandhu

mortgage-cloud-44.jpg - Real Estate News A recent dip in GoC bond yields has provided some welcome relief – but more twists and turns could be ahead ... More


Fixed mortgage rates are falling

1/30/2023 | Posted in Interest Rates by Jessi Sandhu

mortgage-rates---interest-rates-48.jpg - Real Estate News While rates have been steadily climbing for variable mortgages, fixed mortgage rates have been moving in the opposite direction. ... More


As bond yields fall, mortgage providers are cutting fixed mortgage rates

11/29/2022 | Posted in Mortgage Interest Rates by Jessi Sandhu

mortgages-475.jpg - Real Estate News Fixed mortgage rates are slowly following bond yields and trending downward. ... More


Canada's mortgage stress test - leading lenders weigh in

11/15/2022 | Posted in Home Buyers by Jessi Sandhu

mortgage-application-form-247.jpg - Real Estate News Already a source of huge debate in the mortgage industry since its introduction, the mortgage stress test came under scrutiny from executives at top Canadian lenders during a ... More


Big banks hike short-term fixed mortgage rates as their popularity grows

9/25/2022 | Posted in Mortgage Interest Rates by Jessi Sandhu

mortgage-cloud-44.jpg - Real Estate News Over the past week, nearly all of Canada’s Big-6 banks have increased their shorter-term fixed mortgage rates. ... More


Bond yields soar higher, fixed mortgage rates expected to follow

6/14/2022 | Posted in Interest Rates by Jessi Sandhu

financial-markets-report-272.jpg - Real Estate News Bond yields surged to a fresh 14-year high this week, driving expectations that fixed rates are likely to continue rising. ... More


Lenders hike fixed rates yet again, closing in on 4.5%

5/9/2022 | Posted in Interest Rates by Jessi Sandhu

big-6-banks-canada-317.jpg - Real Estate News Following a jump in bond yields last week, lenders across the country once again bumped up their fixed mortgage rates. ... More


Fixed rate mortgages could go on sale

1/29/2020 | Posted in Mortgage Interest Rates by Jessi Sandhu

mortgage-button-248.jpg - Real Estate News Fixed rate mortgages could go on sale as fears of spreading coronavirus push bond yields down ... More


Ultra-low Rates Will Persist: RBC

1/17/2020 | Posted in Mortgages and Real Estate by Jessi Sandhu

mortgage-rates---interest-rates-48.jpg - Real Estate News The 2020s won’t be the decade to lock into a long-term fixed mortgage, according to RBC Economics. ... More


Canadians more likely to be homeowners, have a mortgage

8/9/2019 | Posted in Canadian Housing Market by Jessi Sandhu

happy-couple-in-front-of-sold-home-123.jpg - Real Estate News Homeownership rates are higher now than they were two decades ago according to a new analysis from Statistics Canada. ... More


With fixed rates below variable ones, mortgage market is in the Upside Down

7/28/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu

calculator--analysis--reporting-128.jpg - Real Estate News Strange Things: Canadians can now get a lower interest rate on a new mortgage by locking into a fixed rate, rather than opting for a variable rate. ... More


More mortgage rate cuts could be coming for Canadian homebuyers

6/11/2019 | Posted in Mortgage Interest Rates by Jessi Sandhu

mortgage-button-248.jpg - Real Estate News Canadian mortgage rates have already tumbled in recent months and more discounts could be on the way for homebuyers, a according to a new forecast. ... More


Canadian mortgage rates falling to their lowest level in 2 years

6/7/2019 | Posted in Interest Rates by Jessi Sandhu

mortgage-cloud-44.jpg - Real Estate News Spring is typically a busy time for home sales, so lenders are competing fiercely right now for new business — and that's adding up to record low rates for borrowers. ... More


Fixed or Variable Rate?

5/6/2019 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

mortgage-cloud-44.jpg - Real Estate News Goodbye, variable-rate mortgage. Everyone’s going fixed these days, and for good reason. ... More


The bond market is now sending a clear signal: Go with a variable-rate mortgage

12/6/2018 | Posted in Mortgage Interest Rates by Jessi Sandhu

calculator--analysis--reporting-128.jpg - Real Estate News If you’re shopping for a mortgage and believe what the bond market is telling us, it implies your odds of success with a fixed rate may have just changed. ... More


Rate rises may be reshaped by oil production cuts says CIBC

12/4/2018 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu

cibc-office-250.jpg - Real Estate News The Bank of Canada will announce its December interest rates decision Wednesday and few are expecting a Grinch-like pre-Christmas shock. ... More


Mortgage renewals have entered a new era

11/6/2018 | Posted in Mortgages and Real Estate by Jessi Sandhu

mortgage-button-248.jpg - Real Estate News As Canadian mortgages come up for renewal, many households are starting to experience what TD Economics has dubbed a “completely new phenomenon” – higher ... More


Mortgage rates are rising. Here's how you can save money

5/28/2018 | Posted in Mortgage Interest Rates by Jessi Sandhu

mortgage-button-248.jpg - Real Estate News Canada’s big banks are locked in a competitive pricing war over variable-rate mortgages, but economic trends point to more interest rate hikes ahead — leaving Canadian ... More


Higher interest rates add to home buyer struggles

5/16/2018 | Posted in Home Buyers by Jessi Sandhu

contract-real-estate-mortgage-102.jpg - Real Estate News First-time home buyers already struggling with more stringent mortgage rules have been dealt another blow by an increase this week in the Bank of Canada’s five-year mortgage ... More


5-year mortgage holders, brace yourselves

1/19/2018 | Posted in Mortgages and Real Estate by Jessi Sandhu

contract-real-estate-mortgage-102.jpg - Real Estate News The Bank of Canada’s decision to raise its benchmark rate to 1.25% earlier this week will make renewals a significantly more daunting prospect for mortgage holders. ... More


Consumers Rush to Lock in Mortgage Rates ahead of Bank of Canada Rate Hikes

9/12/2017 | Posted in Mortgage News by Jessi Sandhu

contract-real-estate-mortgage-102.jpg - Real Estate News The number of Canadians who applied for a fixed-rate mortgage in August saw a substantial spike, with 59.31% of users on the LowestRates.ca website opting for a fixed-rate ... More


Proposed mortgage rules aim to reduce financial risk in Canada's hot housing markets

7/7/2017 | Posted in Mortgage News by Jessi Sandhu

mortgage-cloud-44.jpg - Real Estate News New rules proposed by the federal government to curb financial risks associated with the country's hot housing markets could make it more difficult to secure a ... More


Homeowners worried over rate hike advised to lock in mortgages - experts

6/22/2017 | Posted in Mortgages and Real Estate by Jessi Sandhu

mortgage-cloud-44.jpg - Real Estate News Homeowners with variable rate mortgages losing sleep over the increased chatter about a potential interest rate hike by the Bank of Canada should consider locking their rates in ... More


U.S. Fed closing the door on low-rate mortgages in Canada

6/15/2017 | Posted in Mortgage Interest Rates by Jessi Sandhu

us--canada-121.jpg - Real Estate News The U.S. Federal Reserve raised its trend-setting interest rate on Wednesday for the third time in six months to the highest level since the global financial crisis hit in the ... More


Canada's central bank acts to defuse housing market threat

6/15/2017 | Posted in Mortgage News by Jessi Sandhu

Bank-of-Canada-4.jpg - Real Estate News Canada's central bank, which had long said interest rates are too blunt a tool to tackle the country's housing market, may have finally decided to act and at least limit ... More


What to expect after the U.S. Fed rate hike

3/17/2017 | Posted in Mortgage Interest Rates by Jessi Sandhu

finance-market-growth-127.jpg - Real Estate News The possible impacts of the U.S. Federal Reserve’s decision on March 15 (Wednesday) to raise its key interest rate from 0.75 per cent to 1 per cent should not be ... More


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