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Carrick on money: What rising rates mean for mortgages

House with a mortgage

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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.

What rising rates mean for mortgages
Mortgage planner David Larock explains how the upheaval in the bond market affects mortgages and then suggests looking at either the five-year variable-rate mortgage or a10-year fixed rate.

Buy vs. rent: An economist on housing
In an expensive housing market, more people are working through the question of whether it's better to buy or rent. In this videocast, BMO Capital Markets economist Robert Kavcic offers some analysis of buying and renting in the Toronto market.

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It's not over yet for bonds
Financial analyst Gary Shilling says it's too early to write off bonds, which have been sinking steadily lower in the past month or so.

How to cut foreign exchange fees
A tutorial on how to use an exchange-traded fund called the Horizons U.S. Dollar Currency ETF (DRL, DLR.u) to save money on foreign exchange fees in your investment account.

More money
Join the 29,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I'm also on Twitter.

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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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