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Everyone's watching oil prices. Fair. But there's a bigger story almost nobody is talking about — and it could matter mo...
06/02/2026

Everyone's watching oil prices. Fair. But there's a bigger story almost nobody is talking about — and it could matter more for your mortgage than anything happening in the Middle East.

What's actually moving rates right now:

Oil is whipsawing. Every time it moves, bond yields follow — and fixed rates feel it.

Canada brushed up against a recession. Markets moved on. Your cost of living didn't.

BC housing has quietly shifted in buyers' favour. High inventory, stabilizing prices,
motivated sellers. The window is open.

AI's buildout — data centres, chips, construction — is one of the largest capital spending waves in history. That's inflationary before it's disinflationary. The payoff is coming. Just probably not yet.

The next 12–24 months carry more rate risk than most borrowers are pricing in. Full read at the link.

https://spinmortgage.com/mortgage-resources/articles/oil-ai-and-your-mortgage-whats-actually-moving-rates-right-now

The Bank of Canada just announced — rates are staying put. Again. Here's what that means for you 👇- Nothing changes toda...
04/29/2026

The Bank of Canada just announced — rates are staying put. Again. Here's what that means for you 👇

- Nothing changes today. Variable rates stay where they are. If you're already in a variable mortgage, you're not getting a surprise bill this month.

- Fixed rates are a different story. They move with bond markets, not the BoC — and bond markets are still watching every headline out of the Middle East.

- Cuts aren't coming anytime soon. A war driving oil prices higher has pushed inflation back up. The BoC isn't cutting until things calm down. Next decision is June 10.

- Renewing this year? Don't just sign whatever your lender sends you. That letter is not written in your favour. One conversation could save you thousands

Questions? We're one message away.

Fixed or variable? This month, the answer might be decided 11,000 km away.April Mortgage Minute 🏡- Rates: 3.60%–4.69% — ...
04/01/2026

Fixed or variable? This month, the answer might be decided 11,000 km away.

April Mortgage Minute 🏡

- Rates: 3.60%–4.69% — based on term, rate type, LTV, etc. Variable rates holding, fixed rates unsettled.

- Oil: Prices dipped on rumours Iran is ready to call it quits, but they're still elevated. If the Strait of Hormuz doesn't reopen by mid-April, things get uglier.

- BoC & Fed: Both holding rates April 29. Markets have dialled back hike fears — for now.

- Renewing this year? 60–70% of Canadians are. One conversation could save you thousands (literally).

📖 Read more: spinmortgage.com/mortgage-resources/articles/oil-chokepoint-holds-mortgage-rates-hostage

BoC held at 2.25%. Nobody's shocked. Here's why:- Inflation: 1.8%. Great! Until oil at $115 pushes it back towards 3%. L...
03/18/2026

BoC held at 2.25%. Nobody's shocked. Here's why:

- Inflation: 1.8%. Great! Until oil at $115 pushes it back towards 3%. Less great.
- Jobs: 84,000 lost. Unemployment: 6.7%. Economy: not exactly thriving.
- Housing: prices and sales both down again.
- Rate hike? A very long shot. 76% of forecasters agree — rates hold all year.

What about your mortgage?

- Variable/HELOC — no change. Breathe.
- Fixed — bond yields are jumpy. That quote you got? It has a shelf life.
- Renewing? Don't just sign your lender's letter. That's how they get you.
- Buying? Quiet market = less competition. Your move.

You know how every few months someone says “is this 2008 all over again”? Here’s what’s actually going on right now and ...
03/09/2026

You know how every few months someone says “is this 2008 all over again”?

Here’s what’s actually going on right now and why it matters if you own a home (or want to):

Oil just crossed $115/barrel. The Strait of Hormuz — where 20% of the world’s oil flows — is blocked. Gas prices could nearly double by the end of March.

The good news? Canada and the US are way less vulnerable to oil shocks than we were 30 years ago. We’re net energy exporters. Our economies run on services more than fuel.

The catch? Rising oil is inflationary. And when inflation sticks around, the Bank of Canada gets cautious about cutting rates. That affects your variable rate, your qualifying rate, and how much house you can afford.

Nobody needs to panic. But if you’ve been “waiting for rates to drop” as your whole strategy — let’s talk about a Plan B. Or at least a Plan A that actually accounts for this stuff.

https://spinmortgage.com/mortgage-resources/articles/the-week-explained-without-the-anxiety-spiral

Rates today range from the mid 3s to mid 4s depending on your term, equity, and structure.Right now, it's geopolitics an...
03/05/2026

Rates today range from the mid 3s to mid 4s depending on your term, equity, and structure.

Right now, it's geopolitics and oil driving rates. The question is whether that shock fades or sticks around.

Odds of a rate cut at the next Bank of Canada meeting? Little to none.

So if you're in the market for a mortgage — what should you actually be doing?

We cover it all in this month's Mortgage Minute: spinmortgage.com/mortgage-resources/articles/march-2026-mortgage-minute

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Happy holidays! We hope you spend the season doing whatever brings you and yours joy—traveling, time with family and fri...
12/22/2025

Happy holidays! We hope you spend the season doing whatever brings you and yours joy—traveling, time with family and friends, or (for some of us) praying to the snow gods for a strong start to ski season. Thank you for your continued support. We look forward to helping you and your loved ones in 2026 and beyond. As the mortgage market evolves with shifting political and economic conditions, we’ll keep providing clear, expert advice to navigate it all.

The Bank of Canada kept rates on hold today. No surprise—the Bank says the current level is about right to keep inflatio...
12/10/2025

The Bank of Canada kept rates on hold today. No surprise—the Bank says the current level is about right to keep inflation in check.

- Inflation is running close to target and underlying measures are steady.

- Recent data show solid job gains and stronger-than-expected growth.

- With trade uncertainty ahead (CUSMA renewal), the Bank’s waiting for more clarity before making any moves.

Lest we forget. We pause to honour all who served—those who came home, those who did not, and the families who carried t...
11/11/2025

Lest we forget.

We pause to honour all who served—those who came home, those who did not, and the families who carried the weight with them.

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