The picture above was taken at the Angkor temple complex in Siem Reap, Cambodia. This temple complex is a testament to the richness of the cultures and history of the world. I highly recommend visiting the region at least once in your life. Why mention it? Because I have been hearing and talking a lot… [Read More]
Fixed Rate and Variable Rate Mortgages: Which is Better?
With the recent “scary news” coming from economists and the Bank of Canada, it appears that interest rates will start going up this summer. Indeed, as I showed in Interest Rate Mania: Where is the Housing Market Going?, interest rates are at historical lows and it wouldn’t be prudent to expect them to stay this… [Read More]
Interest Rate Mania: Where is the Housing Market Going?
Lately, there’s been increasing interest on where interest rates are going (no pun intended), especially as the housing market in Canada has been running hot, with many projects available and many renters looking to buy. Until recently, the ongoing consensus was that the recovery was still fragile, inflation was somewhere far in the future, and… [Read More]
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