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Friday, January 22, 2010

Variable Vs. Fixed Rates

86% of Canadians are opting for fixed rate mortgages despite the fact that variable rate mortgages are at historic low rates (presently 2%) . Why is this? Are Canadians so risk adverse and conservative?
What do you think?
Here's an article on the subject. http://bit.ly/608nh4

Canadian Mortgage Broker News - Street Capital rolls out two new adjustable rate mortgages

Canadian Mortgage Broker News - Street Capital rolls out two new adjustable rate mortgages

Tuesday, January 12, 2010

Bank of Canada concernede about housing bubble

Housing prices have gone up tremendously in Toronto and this is of concern to the Bank of Canada. Will they increase interest rates. Read the attached article and find out.

http://bit.ly/91JPfB