Toronto Mortgage Rate Watch

SPECIAL: 5 year fixed 3.99% 5 Year Fixed: 4.34% 5 Year Variable 2.15% 3 Year Variable 2.15% 3 Year Fixed 3.60%

Mortgage Interest Rates Are Overpriced

In my post yesterday, I mentioned in point #4 that mortgage interest rates are overpriced. To flesh out that statement I found this great interview.

The following is a link to a great video blog on the Globe & Mail website by Financial editor Rob Carrick. In it he interviews author of the Canadian Mortgage Trends blog and fellow mortgage planner, Rob McLister.

Rob’s comments & position in the interview are very insightful.

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