Continuing our consumer debt series, and today we’ll take a look at how interest rates play into things. So lets jump right in and start with interest rates and bankruptcies. Here I’ve overlayed interest rate and the national and provincial bankruptcy rates. What we can take from this graph isContinue Reading
I got my Wild Cherry Diet Pepsi, and I got my Black Jack gum here, and I got that feeling… mmm that familiar feeling that something rank is going down up there. Yeah, I can smell it. I can almost taste it. Summer is gone and it’s fucking snowing again!Continue Reading
So, in an e-mail I was asked why I haven’t referenced the bond market in awhile since they’re so important to interest rates. Well, the reason is simple, because I haven’t felt they’ve moved enough to warrant a change in interest rates, so their fluctuations are not really of muchContinue Reading
After another night burning the midnight oil, I decided that today I was going to take today off… my first day off in over a month. Yes, I know, you don’t care, but this is my sandbox, so that just sucks for you now don’t it! But before I’m offContinue Reading
TUESDAY UPDATE: Reports are circulating TD is about to raise their 5-year fixed rates another 0.4% We’ve been hearing lots about central bank rates being at historic lows, and it’s influence over mortgage rates… but anyone following my Twitter feed the last while has no doubt noticed my little obsession with theContinue Reading
The Canadian Bankers Association released their latest mortgage arrears stats today, these are for March. As we can see, they’re continuing their meteoric rise, and have now passed the 0.50% threshold. 2,416 Albertans now find themselves three or more months behind on their mortgages (typically at the point foreclosure proceedings begin, thoughContinue Reading
It’s been a tough week for the province… first we find out that the provincial government thinks our beaches and children are too damn ugly to use in advertising, so they have to co-opt some from England. Okay, and yeah, that foam finger is actually one for the Oakland A’s,Continue Reading
Earlier this week I did an entry on the relationship between oil prices and housing prices in Edmonton, and there were some interesting findings which led to new hypothesis’. There was also some good ideas that came up in the resulting discussion. So tonight I’m going to take a bit of aContinue Reading
One of our frequent commenters, Two-Thirds, offered up a couple local real estate folklore that he’d like to see tackled… his wish being my command, here is the first, the relationship between oil prices and real estate prices in Edmonton. Those that have been reading this blog for awhile haveContinue Reading
The real estate bulls out there will say I’m being sensational… and I’ll say, gee thanks! I always thought I was pretty good, but sensational?! Really?! I mean, I’ve been working out, and my girlfriend has told me I’m the best she’s ever had… but I’ve told her the sameContinue Reading