Rate cuts to smooth over the ‘mortgage renewal cliff’ awaiting pandemic homebuyers

https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-rate-cuts-to-smooth-over-the-mortgage-renewal-cliff-awaiting-pandemic/

6 Comments

  1. Intrepid_Ad322 on

    So instead of doing something to restore affordability (lowering prices to something resembling sanity) the government has just allowed people to take on more debt for longer. Bold move, Cotton. Let’s see how many suckers fall for it.

  2. scottengineerings on

    I guess Erica Alini had to get an article out for the boss one way or another which is why we have quite a bit to read for what could’ve been offered in one sentence: “lower rates make things cheaper”.

  3. Former-Physics-1831 on

    I sure hope so.  The last thing we need is a credit crisis and I would sure love to renew at <5%