We’re living in the time of low interest rates. They’re at historic lows, and while no one is sure how low they’ll go – or when they’ll inevitably start to rise – now is the time for you to take advantage of the current mortgage rates and save yourself some cash in the long run. But if
Fear of rising interest rates is causing more Canadians to opt for fixed-rate mortgages over variable-rate alternatives that could save them thousands of dollars in payments, according to a leading expert. Justin Thouin, CEO and co-founder of LowestRates.ca, is calling for consumers to base their mortgage decisions on 30 years of downward trending rates, rather
House prices in many parts of Canada have been soaring for years. Mortgages are growing larger and the number of households with extreme levels of debt is multiplying rapidly. So you’d think that we would be seeing an increase in the number of households that are having a hard time paying off their mortgages. Not so.
