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Mortgage Broker News | 10 Feb 2011, 09:44 AM Agree 0
Households in British Columbia, Alberta, Saskatchewan and Ontario are most vulnerable to interest rate increases or another economic slump, according to a new TD Economics’ Household Financial Vulnerability Index.
  • vittorio | 11 Feb 2011, 07:09 AM Agree 0
    I can see if interest rate increase in the next couple of years can be harsh on people buying new home or refiance, but we have to make sure that we let the country know that if there are in a 5 year fix term that it will not effect them as much. sometime these stories give the impression that because interest are going up that people are going to lose their house.

    This is the number question i get asked by clients when it comes to purchase or refiance, and I tell them if we are doing our job right and you follow the plan you will not have a problem.
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