Ryan Sims insights, thoughts, and analysis

Tag: investing

  • Round Up

    Lots going on in the mortgage finance world this week. Let’s take a brief look at some things that fall off the beaten path. How Stressful: Today was supposed to be the day that OFSI removed the stress test from switches at maturity. Of course, in true government department fashion, no clear rules have been…

  • Spare A Dollar?

    As I give out the Halloween candy this evening, I can’t help that think that Halloween and the Canadian housing market have a lot in common. Giving away extended ams and insured refinances probably won’t get the kiddos too pumped, but the average homeowner loves it. Of course, we are giving away things that we…

  • Lucky Number 3

    The third time is the charm was the old saying we use to have back in the day. It seems these days, things seem to come in 3’s. While I was busy trying to stay safe from Hurricane Milton – a category 3, there were a lot of things going on in the finance world…

  • Haters Gonna Hate

    I am getting old. I am so old in fact, that I remember the days gone by where the USA had to really do something to piss off Canada. I mean something like enact a tariff, elect an orange man, or something of that nature. Today though, apparently all the USA has to do to…

  • Crash, Burn and Yield

    Last week will probably be remembered as the week in 2024 when changes bloomed. Canada saw the awkward Monday morning announcement by the government about changes to the first time home buyers program. There is still a lot to be written on the official rules that come out on Dec 15th, but it looks like…

  • Hold Up!! Wait a Minute!!

    We are 24 hours since the BOC announcement and I am sure there are some pretty tired Tik Tok realtors. All that dancing can tucker a person out pretty quick I am told. I am sure they are sleeping in, and resting today after all the action yesterday. Lets face it – it isn’t like…

  • The Unknown Unknown

    There are 2 types of things that get used to make predictions in finance: The known unknown, and the unknown unknown. A known unknown would be something like GDP, employment reports, inflation numbers etc. We all know when the inflation report will come out, but we aren’t sure what it will be. We know it…

  • Here Comes The Repo Man

    Contrary to the title of the blog, we aren’t going to repossess anything. Quite the contrary actually. I can usually tell when people get nervous about a certain topic simply based on the number of emails I get to my inbox. This week was no exception after the BOC made an announcement on Friday: As…

  • Differential

    Differential can mean many different ( no pun intended ) things. Car guys in the group finally think I am writing something for them. While I hate to burst anyone’s bubble, this is not about diff’s on a car. Oddly enough, diff rhymes with Tiff, but I digress.. Today I want to look at how…

  • Saying the Quiet Part Out Loud

    Well, this week we finally heard it. In a press conference this week, the Prime Minister of Canada said the quiet part out loud!! During a press conference on housing, Justin Trudeau announced that basically if housing goes down in value, it will be a problem. I am not going to quote him here, but…