Low Interest Rates Sticking Around
Sliding interest rates have surprised many market watchers as they've been watching interest rates drop. “While predicting the future for rates is notoriously difficult, some observers believe that the current low-rate environment may continue for a while. If so, it will mean pain for savers, but good news for borrowers,” according to Martin Mittelstaedt, Globe and Mail Correspondent. Many speculate when interest rates will rise however no one can
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How to Prepare for larger mortgage Payments:
Are you ready for higher interest rates? Watch Rob Carrick, The Globe and Mail, and Jeff Schwartz, Executive Director for Credit Counseling Services of Canada speak about ways in which you can prepare yourself for a rise in interest rates.