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Time to lock in mortgage rates, BMO economists say

Posted by mortgage 59 days ago (Editorial)

The days of super-low mortgage rates that made home ownership dreams a reality of many Canadians may be numbered, says the Bank of Montreal. The bank's advice? Say goodbye to variable mortgages and lock in longer-term fixed rates while the going is still good.

Is it time to lock-in your mortgage? Bank of Montreal economists say yes

Posted by mortgage 60 days ago (Editorial)

OTTAWA - The days of super-low mortgage rates that made home ownership dreams a reality of many Canadians may be numbered, says the Bank of Montreal.

Have Economists Got It Wrong About The U.S.?

Posted by mortgage 109 days ago (Editorial)

Five years ago, Federal Reserve head Ben Bernanke said the housing sector wasn't a major economic concern. In fact, most experts failed to see the looming subprime mortgage crisis that sank the U.S. economy. If they were so wrong about the Great Recession, it's possible they could also be blind to a "Great Recovery."