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Carrick on money: The tipping point for housing arrives

Longtime housing bear Garth Turner writes in his blog that the string of recent mortgage rate hikes are “the arrival of the big, hairy bête noire everyone’s been warning about for the past two years.”

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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.

The tipping point for housing arrives

Longtime housing bear Garth Turner writes in his blog that the string of recent mortgage rate hikes are "the arrival of the big, hairy bête noire everyone's been warning about for the past two years."

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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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