Trends in the Canadian mortgage market with Robert McLister and Rob Carrick Video

Robert McLister, editor of the Canadian mortgage trends blog and a mortgage planner, with Rob Carrick from the Globe and Mail discuss trends in the Canadian mortgage market.

* Why are mortgage rates are a bit higher than they need to be?
* What the benefits of different types of mortgages (5 year, 1 year, variable)?
* What is a hybrid mortgage?
* What are new home buyers doing with amortization periods?
* What percentage of the purchase price are new home buyers now putting toward their homes?

http://www.getsmarteraboutmoney.ca/managing-your-money/investing/real-estate/Pages/what-do-i-need-to-know-before-i-start-looking-for-a-home.aspx

October 26, 2007 ...
October 26, 2007 Globe Says Lock In Rob Carrick from the Globe & Mail is ringing the alarm. With mortgage rates at 6-year highs and shrinking? variable-rate discounts, he says it's time to lock in now. (from mortgagetrends.ca) Sounds like good advice. Except you would be out of pocket hundreds or thousands of dollars.