Where Are Mortgage Rates Going? Most homeowners who still have a balance remaining on their mortgage are interested in current mortgage rates as well as where they are going as their renewal dates get closer. However, the majority of homeowners are guided by the media when it comes to mortgage rate speculation. Wouldn’t it be [...]
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By Michael Lombardi Profit Confidential Writer All eyes are following the world central bank activity as the investors speculate on where to put their money in the stock market. The month of August 2012 stared at a dismal jobs report; with the Labor Department reporting an addition of only 96,000 jobs, as against the predicted [...]
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The ongoing softening in housing market activity is hardly a surprise and probably represents the early stage of the highly expected downward adjustment in volume and prices. How concerned should we be that the falling number of young Canadians and the downsizing and increased liquidations of houses by seniors will work to exacerbate the adjustment? [...]
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