20 Sep

Today’s low Rates & how the experts foresee the rise

General

Posted by: Jason Zailo

Rate Outlook Clear as Mud “The fact is we’re three years in to the global financial crisis and its dynamics still dominate the economic outlook.” – BoC chief, Mark Carney  The question everyone wants to know is: How long will that be true?  The answer, which is as ambiguous as ever, has a direct bearing […]

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2 Sep

Insight into the future of our low rates

General

Posted by: Jason Zailo

      CIBC World Markets Inc. trims forecast for rate hikes and currency strength in Canada as economic growth outlook dampens abroad TORONTO, Aug. 18 /CNW/ – Continuing weakness in the U.S. economy may force the Bank of Canada to put interest rate hikes on hold after September, notes a new report from CIBC […]

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13 Jul

Deciding Between a Variable or Fixed Rate Mortgage.

General

Posted by: Jason Zailo

As you know, a fixed mortgage has a rate that’s locked in for a set number of years, while a variable mortgage has a rate that floats with market conditions. On average over time, you’ll usually come out ahead with a variable mortgage. One study suggests that between 1950 and 2007, 90% of the time […]

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