It’s better to stir up a question without deciding it, than to decide it without stirring it up. ~ Joseph Joubert Update: This article was included in the Carnival of Financial Planning #150 posted at Military Finance. Thank you! I’m going to try to raise some of the key issues that might affect interest rates…
Tag Archive: interest rates
Inflation or Deflation: Which Is It?
Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair. ~ Sam Ewing Will we have inflation or deflation? This is probably the most important question facing investors right now. There are plenty of smart people who argue convincingly for each. All of…
Canada: Golden Child or Tag Along Sibling?
The Canadian Economy does not operate in a vacuum and we are not isolated from global events, as we saw in 2008 and early 2009. ~ David Rosenberg Update: This article was included in the Carnival of Personal Finance #260 posted at Rainy Day Saver. Thanks! On Tuesday the Bank of Canada became the first…
CMHC: Fannie Mae Canadian Style?
The only reason a great many American families don’t own an elephant is that they have never been offered an elephant for a dollar down and easy weekly payments. ~ Mad Magazine Update: This article was included in the Carnival of Financial Planning #142 posted at The Digerati Life. Thanks! I’ve heard a lot of…
Why Are Mortgage Rates Rising?
People are living longer than ever before, a phenomenon undoubtedly made necessary by the 30-year mortgage. ~ Doug Larson Update: This article was included in the Carnival of Financial Planning #136 posted at Bargaineering. Thanks! On Monday, several Canadian banks boosted their fixed mortgage rates by 60 basis points (.60%). That’s a pretty big hike…
Where Are Interest Rates Going?
Credit buying is much like being drunk. The buzz happens immediately and gives you a lift . . . The hangover comes the day after. ~ Joyce Brothers Update: This post is featured in the Money Hackers Carnival #103 at Need Money Tips. Yesterday’s post outlined in detail the debt overhang that I believe will…
