tag:blogger.com,1999:blog-17649054.post551752010710390347..comments2023-10-04T12:55:21.955-04:00Comments on Mississauga Real Estate, Homes, TREB & MLS Blog by Mark Argentino: The bank of Canada is keeping rates where they areMark Argentinohttp://www.blogger.com/profile/10720520986774448200noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-17649054.post-30731921546618507762009-10-29T09:21:54.417-04:002009-10-29T09:21:54.417-04:00Canada bank is doing the right thing. The point is...Canada bank is doing the right thing. The point is to be true with its clients and don't try to make more money over the peopleForeclosureshttp://www.foreclosurerepos.com/noreply@blogger.comtag:blogger.com,1999:blog-17649054.post-63100850379172326992009-10-23T23:37:41.201-04:002009-10-23T23:37:41.201-04:00Thanks for your comments. I do believe that the p...Thanks for your comments. I do believe that the prime will increase by at least 1% by the end of next year to slow the rate of inflation. I still think it's early to lock in, there is still about 6 months of low rates to take advantage of before the rates begin to increase.<br /><br />Regardless, my advice is to go short or variable for the next 25 years, you will likely save tens of thousands using this strategy. Read more at this link: http://www.mississauga4sale.com/Lock-In-Short-Term-Long-Term-Mortgage.htm<br />All the best,<br />MarkMark Argentinohttps://www.blogger.com/profile/10720520986774448200noreply@blogger.comtag:blogger.com,1999:blog-17649054.post-61031228231186706562009-10-21T15:21:25.510-04:002009-10-21T15:21:25.510-04:00Just out of interest, do you think when the prime ...Just out of interest, do you think when the prime lending rates do increase they will increase substantially? There has been a lot of speculation here in the Calgary real estate market that interest rates will end up spiking to counter inflation. I have been advising my buyers to lock in for as long as they can and look at the overall savings instead of hoping for another 1/10th of a point savings. What is your take?Calgary Alberta Market Conditionshttp://www.calgarysrealestate.ca/blog/mortgage-basics.htmlnoreply@blogger.com