3 ways to deal with rising mortgage rates...
A good article discussing the "other" factors borrowers should consider before choosing beween fixed and variable.
· TSX +18.58 to 13,929.35 as rising bullion prices sent gold stocks higher and financials advanced ahead of earnings reports from Canada's big banks in the coming weeks. Investors were also relieved to see lower than expected inflation from China.
· DOW -41.55 to 12,226.64
· Dollar -.12c to 101.04c USD
· Oil -$.49 to $84.32 USD per barrel amid sliding commodity prices
· Gold +$9.00 to $1374.10 per ounce its highest close in almost five weeks
· Canadian 5 yr bond yields markets up another +.01bps to 2.78. The spread (based on the MERIX 5 yr rate published rate of 4.24%) is in mid comfort zone at 1.46.
(courtesy of Barb Morgan, DBD Ontario Southwest)
