Does It Make Sense to Float with Mortgage Rates Near 3.5-Year Lows?
I got to thinking lately that floating a mortgage rate might not offer much upside at the moment.Obviously it’s situational and depends on...
Macklem warns against hiking too early or too late on oil shock
Bank of Canada Governor Tiff Macklem said central banks around the world are positioned differently when it comes to economic slack and inflation,...
Lock-in effect drives home renovation boom, Redfin says
With mortgage rates still hovering above 6% and far greater than those seen during the pandemic, homeowners are choosing to renovate their homes...
Mortgage Rates Plummet on Unexpected Peace Deal and Strait Reopening
Mortgage rates just got the best possible news they could get.A 10-day ceasefire between Israel and Lebanon has been announced that also resulted...
Paying down your mortgage faster comes with trade-offs
While extra payments can reduce long-term interest costs, they may also limit liquidity, trigger penalties and crowd out other financial priorities