What have you done with your INVESTMENT property mortgage and why? This is another question which I encourage clients to ask or their Mortgage Broker or their banker. Short Version An open and questioning mind may lead one to mortgage products which result in savings...
With all that has happened on the fixed rate side of the market since June it is understandable that one currently in a variable rate mortgage may be concerned about whether the prolonged stability on the variable side might come to an end anytime soon. Short Version...
Fixed interest rates are on the move, no doubt about it. There are many predictions about whether or not this is a small fluctuation in the market, or the beginning of a long term trend. Personally I always liked the phrase ‘Follow the evidence’. Mind you...
Interest Rates on the Move! We always get a barrage of news reports when rates head up by the slightest amount. Not quite as many Headlines as rates move downward, at least not until politicians start squawking that we are getting ‘too good of a deal’…whatever that...
This recent article in the Financial Post prompted me to do some mathematics and put together the following data. Are you long-term thinker, do you crave stability, nervous about where interest rates may go and when… To some extent this describes all of us....
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