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Carrick on money: Now’s not the time to gamble on mortgage rates

If you’re buying a house or renewing a mortgage, the Canadian Mortgage Trends blog suggests you grab a 45- to 120-day rate hold.

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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.

Now's not the time to gamble on mortgage rates

If you're buying a house or renewing a mortgage, the Canadian Mortgage Trends blog suggests you grab a 45- to 120-day rate hold. You might get a lower rate if you wait until you're within 30 days of closing, but then you run the risk of having mortgage rates increase on you.

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Where milk costs $10 a jug

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The case against annuities

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More money

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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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