Market Monitor

We keep our finger on the pulse of the mortgage investment market to provide you with the latest news and trends from our team of experts. Read our blog to get the latest on mortgage investing so you can invest with CMI.

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2 July 2010

Canadian Banks Borrow Fewer Euros

Concerns Ease as Borrowing from the ECB Drops. In what is considered by many to be a positive step in the right direction, banks borrowed fewer euros from the European Central bank (ECB) than what was was originally speculated.

30 June 2010

Global Debt is the Underlying Concern at the G20 Summit

Reducing government spending is key to economic recovery, finance ministers are told. The group of business leaders was made up of 32 of the world’s most influential CEOs, most of who were hand-picked by their respective national governments to attend a session of the recent economic summit. 

29 June 2010

U.S. Federal Reserve Likely to Hold Interest Rates Steady

While the Bank of Canada recently hiked its overnight lending rate, leading to a moderate increase for consumer loans and mortgages, the U.S. Federal Reserve and the Bank of England are holding rates steady – for now.

25 June 2010

Some Canadian Banks Lowering Mortgage Rates

As Mortgage Rates Fluctuate it is Imperative to Talk to Your Mortgage Broker. Following a June increase in prime rates, and as residential mortgage rates across Canada threaten to rise, alongside the state of our economy.

25 June 2010

Canada Touted as an Uncommon Pillar Of Economic Strength?

Amidst Global Economic Turbulence, Canada Remains Relatively Stable. An article in the Globe and Mail today by Michael Babad touts Canada’s economy as uncommonly stable and sound.

23 June 2010

Lower than Expected Inflation Numbers May Influence Mortgage Rates

Continuing lower than expected inflation is liable to affect Bank of Canada’s overnight lending rate and could lead to higher mortgage rates after July 20th.

22 June 2010

China Ends the Yuan Peg to the US Dollar in Time for the G20 Summit in Toronto

Just in Time for the G20 Summit, China Decides to End their Currency’s Tie to the Dollar. The Globe and Mail has a quite interesting info-graphic that illustrates some potential effects of China’s big move yesterday to end the Yuan’s peg to the US dollar.