SMR Mortgage

Variable may no longer win July 30, 2010

EXCERPT:

Jul 28, 2010 — Not that there are a lot of people buying houses these days, but the answer to the age-old question of whether to go long or short on your mortgage is unclear yet again. The Bank of Canada’s second quarter of a point rate increase in the past two months is likely not going to do much to boost a real estate market that saw sales drop almost 20% across the country in June from a year ago.
Source: Garry Marr, Financial Post

http://www.financialpost.com/Variable+longer/3330179/story.html