penelope graham

@ratehub Director of Content. Finance nerd. Real estate obsessed. Talk monetary policy to me.

[Vikram Barhat @VikramBarhat]

Is the new 30-year amortization rule a game-changer or a financial trap? In my latest @MorningstarCDN, I break it down with insights from @ronmortgageguy of @ButlerMortgages and @penngram from @ratehub. https://t.co/u4qbtuKzwy #RealEstateInvesting #housingmarket #mortgage #mortgagerates #investing

[BNN Bloomberg @BNNBloomberg]

Most Canadian mortgage owners concerned about payments, survey finds https://t.co/VTlcdeQalB

[Ratehub.ca @ratehub]

Buying a home is more financially challenging than ever. Fortunately, there are programs designed to help first-time home buyers get onto the property ladder. https://t.co/ol129k2PG9 Director of Content Penelope Graham breaks down the specifics of each: https://t.co/RMuVEFTixQ

[penelope graham @penngram]

The @bankofcanada delivers a highly anticipated rate hold, but stubborn inflation means future hikes aren't off the table yet.

On the @ratehub blog: https://t.co/rRVV6gBfQC

[penelope graham @penngram]

Cooler than expected GDP numbers practically seal the deal for a @bankofcanada rate hold next week:

On the @ratehub blog:
https://t.co/lOjs1UpBCL

[Ratehub.ca @ratehub]

The GTA housing market rebalanced in July as higher rates slowed sales. https://t.co/ol129k2PG9's @penngram reports on the latest numbers from the Toronto Regional Real Estate Board (TRREB): https://t.co/YuVDcz40iu

[Ratehub.ca @ratehub]

The FCAC released guidelines last week, outlining expectations for lenders to provide support to mortgage borrowers who are considered to be at risk. https://t.co/ol129k2PG9's @penngram shares her thoughts: https://t.co/ulNIN0Mwqe

[penelope graham @penngram]

@areacode416 But was there a glass bowl of lemons?

[penelope graham @penngram]

The @bankofcanada surprised on the upside today, delivering its 9th rate hike since March 2022; looks like those GDP numbers sealed the deal.

On the @Ratehub blog: https://t.co/jvhs3JOYsR

[penelope graham @penngram]

According to the @bankofcanada's #FinancialSystemsReview, ALL mortgage borrowers will see payments spike if they renew between 2025 - 2026. Here's how to minimize the financial pain:

On the @ratehub blog: https://t.co/bjrp34ff2c

[penelope graham @penngram]

Today's @StatCan_eng CPI report surprised analysts at 4.4% YoY growth and has raised the possibility of further rate hikes.

Get the full story on the @ratehub blog: https://t.co/YtkPsGhbo0

[penelope graham @penngram]

The Canadian housing market continued to rebound in April as stabilizing borrowing costs helped spur buyers off the sidelines, contributing to strong short-term growth in both sales and prices.

My @CREA_ACI recap on the @ratehub blog: https://t.co/NhQtUcykZz

[penelope graham @penngram]

Thinking of giving the First Home Savings Account a try? That may be tricky, given it's currently only available at a handful of financial institutions.

We asked the banks when they plan to roll it out. On the @ratehub blog:

https://t.co/qe0SPXpwLA

[Ratehub.ca @ratehub]

Experts, including https://t.co/ol129k2PG9's Natasha Macmillan, share their tips for tackling student debt: https://t.co/GSnOB3ewyM

[penelope graham @penngram]

GTA buyers meant business in April, coming to terms with higher borrowing costs and boosting sales by nearly 10% on a monthly basis. Prices are also up 4% MoM, underpinned by tight supply.

On the @ratehub blog: https://t.co/0qIKRMfpyM

#torontorealtor #trreb

[penelope graham @penngram]

As more variable borrowers hit their trigger rates, extra-long mortgage amortizations are increasingly common. But are they inherently riskier?

I break it down on the @ratehub blog: https://t.co/0qjR69W9te

[penelope graham @penngram]

@mariskreizman I'm going to the checkout at a sale and being asked to pay more.

[penelope graham @penngram]

Thanks for having me on the show!

[QR Calgary @QRcalgary]

How much income does it take to buy a house these days?

@penngram of @ratehub breaks it down on Afternoons with @RobBreakenridge today at 1:05.

Listen live! https://t.co/LHTNBmFiTu

[penelope graham @penngram]

This week in mortgages: @OSFICanada reveals key risk report, and expectations grow of tougher borrowing rules to come.

On the @ratehub blog: https://t.co/0guDWs0w9a

[penelope graham @penngram]

The @bankofcanada is sure to be pleased by this morning's @StatCan_eng inflation print of 4.3%, further cementing their ability to hold rates in June.

On the @ratehub blog: https://t.co/jnvFBcxEBb