Five reasons to love rising interest rates
Filed Under Main Content · Tagged: Bank Of Canada, Banks, Bond Yields, Borrowers, Cheap Money, Consumers, Deep Breath, Disaster, Economy, Fixed Income, Globe And Mail, Investors, Love, Mortgage Rates, Rising Interest Rates, Sanity, Segments, Seniors
The Globe and Mail- With the Bank of Canada poised to raise interest rates as early as June, nervous borrowers are bracing for the end of cheap money.
Big disaster, right? Hardly.
Sure, consumers carrying onerous amounts of debt will feel the pain when rates climb from today’s ultralow levels. But for others – savers, seniors and fixed-income investors, for example – higher rates can’t come soon enough.
Rising rates might even restore some sanity to segments of our economy that have gotten drunk on all the easy credit. So, with banks already ratcheting up mortgage rates and bond yields creeping higher, let’s take a deep breath and focus on the positives.
Here are five reasons to love rising interest rates…
Five reasons to love rising interest rates – The Globe and Mail
Housing affordability slides
Filed Under Main Content · Tagged: Globe And Mail, Globe Mail, Housing Affordability, Mail Costs, Rbc, Segments, Slides
Globe and Mail- Costs have increased across all housing segments, according RBC’s quarterly housing affordability report…
