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Carrick on money: Mortgage shopping? Go five-year fixed

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The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

Mortgage shopping? Go five-year fixed
A mortgage broker with a banking background sizes up the current economic environment and concludes that a five-year fixed rate mortgage is a better choice for most buyers and people renewing mortgages.

Investors, your risk antennae should be up
John Mauldin is one of those financial commentators who uses the word bubble a lot in describing today's market conditions. Here, he makes his case about the risks out there right now.

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Ten myths about your credit history
Here's one myth – paying your credit card bill in full every month does NOT automatically give you an very extremely high score.

A financial plan may not be enough
There are actually three types of planning you need for your money, this blog post says.

More money
Join the 47,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters.

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About the Author
Personal Finance Columnist

Rob Carrick has been writing about personal finance, business and economics for close to 20 years. He joined The Globe and Mail in late 1996 as an investment reporter and has been personal finance columnist since November 1998.Rob's personal finance columns appear in The Globe on Tuesday and Thursday, and his Portfolio Strategy column for investors appears on Saturday. More

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