Three (OK, Two) Reasons Rates Will Not Hit 5%

[vc_row][vc_column width=”1/1″]The link below is worth a read if you are concerned about rates, and I agree with two of three points. #2 not so much.   Short Version Inflation is non-existent The pain would NOT be catastrophic (As explained in past...

What about this recent Bank of Canada interest rate increase?

[vc_row][vc_column width=”1/1″]What about this recent Bank of Canada interest rate increase?   Short Version   I am not locking in myself I am staying variable For a variety of reasons   Long Version   If your discount from Prime (now...

But They Said It Was Portable…

Short Version:   The question most often asked: ‘Is my mortgage portable?’   The answer most often given: ‘Yes.’   This answer is increasingly wrong.   In reality you qualify to move ~80% of the balance… maybe.   If you are thinking of: Moving...

Are interest rates taking off without you?

[vc_row][vc_column width=”1/1″] The image is of an actual flight leaving without me July 14, 2017. Despite being given 90min extra due to a delay…I missed it! A first in 25 years of solo travel. I also missed calling this rate hike accurately. It was...

Life Is Variable, Perhaps Your Mortgage Should Be As Well

[vc_row][vc_column width=”1/1″] The case for variable has always been strong, although often a few misconceptions must be addressed to clarify why this is.   Economic good news is what pushes interest rates up, not economic bad news. When’s the...