Monthly Archives: September 2023

I discovered Jeremy Grantham in 2002, and he’s served as a touchstone since. His experience and insight are rare and valuable. The slow-moving influence of rising interest rates will end up torpedoing the economy, dashing Federal Reserve expectations that a … Continue reading →

US mortgage rates (30-year fixed) jumped an extra 50 basis points this week to 7.7%, while Canadian mortgage rates are 6% plus. Higher carrying costs are causing many owners to need to maximize rental income from their properties. Short-term rentals … Continue reading →

As interest rates soared above six percent over the last seventeen months, four of the big five Canadian banks have allowed floating-rate customers to extend and pretend by making the same mortgage payments as when floating rates were sub-2%. This … Continue reading →