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Carrick on money: Debt is normal, debt is sexy

Couple watching a large flat-screen television after a shopping spree.

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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.

Debt is normal, debt is sexy
A blogger notes how people are starting to talk about debt as if it's a status symbol.

No mercy here for people who try to rationalize their high debt loads.

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It's only a matter of time for Canadian housing
An Atlanta-based business consultant and strategist recently read a Canadian financial adviser's blog post on our real estate market and offered up this response. He thinks it's only a matter of time until our market takes a hit. Note: He sees rates climbing a lot higher and faster than Canadian economists.

Cracks in the case for the variable-rate mortgage
Mortgage broker David Larock says he still likes variable-rate mortgages, but the latest interest rate trends have made it tougher to pick between them and fixed rate mortgages.

Larock's case for variable-rate mortgages is made in this Carrick Talks Money video.

More money
Join the 36,000+ 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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