interest rates Archives - Jaguar Mortgages

Understanding Housing Affordability in 2024

Posted on January 23, 2024January 31, 2024 by Gerard Buckley

Housing affordability is a hot topic in 2024, and there’s a lot of talk about how interest rates affect it. Too many people are drinking the “lower interest rate Kool-Aid” as the route to housing affordability. While many people think lowering interest rates is the key, we at Buckley Mortgage Broker Team believe they won’t […]

Why are we in a housing crisis: Some fundamental reasons.

Posted on October 24, 2023October 24, 2023 by Gerard Buckley

It’s hard to accept, but Ontario is in the middle of a housing crisis. Why is this? Basically, supply is not keeping up with demand. Many pundits and media say this is a crisis of interest rates; however, we believe it is a much deeper failing of public policy at both the provincial and municipal […]

Surprise Rate Increase by Bank of Canada? Not so Much

Posted on June 16, 2023June 17, 2023 by Gerard Buckley

Interest Rate Update As much as the media and market commentators call Wednesday’s June 7th interest rate hike of .25% to a Bank Rate of 4.75% a surprise, we have been calling for a 25-50b basis point increase in interest rates for the later part of this year. (See our articles Jan 24, Mar 7 […]

Interest Rates in Canada Unlikely to Come Down

Posted on March 7, 2023March 7, 2023 by Gerard Buckley

SUPRISE, SURPRISE; Media and Financial Markets are getting ahead of themselves! We are sure it will be no SURPRISE that after the last interest rate hike in January, the financial markets — and especially the media — have gotten ahead of themselves going so far as to say we would see a rate decrease in […]

Market Update 2023 — Interest Rate Projection & More

Posted on January 24, 2023 by Gerard Buckley

Inflation, Interest Rates, Real Estate and Financial Markets …. What is on the Horizon for 2023? Many of our Clients and the General Public are Asking what will happen to interest Rates and the Housing Market in 2023. First off, our reference rate for variable rates is the Canadian Bank Prime Rate at 6.45% […]

What Will Happen to My Mortgage Payment: The Rise of Canadian Interest Rates

Posted on September 30, 2022September 30, 2022 by Gerard Buckley

Mortgage payments up 45%! Interest rate surge is going to hurt! Anxiety and confusion increasing! One look at the top financial headlines and it’s no wonder you’re worried about your mortgage payments. Perhaps you’re fixed in and your term is about to come up for renewal. Or, maybe, you’re in a variable mortgage and the […]

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