If you’ve been wondering how the falling loonie might affect the Canadian economy and mortgage interest rates, then I highly recommend you read Mortgage Planner, Dave Larock’s blog post this week. Dave tends to be pretty accurate in his well-thought-out predictions and his bottom line gives some good advice.
While we are talking about interest rates, the Globe and Mail posted a good video that answers the question of how an interest rate hike would affect your mortgage.
Marg Scheben-Edey is a Broker with RE/MAX four seasons realty limited, Brokerage in beautiful Collingwood, ON. With three decades of experience, Marg is a leader in the local real estate marketplace and is ready to help guide both Buyers and Sellers in achieving their real estate goals. Email Marg