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Carrick on money: Where the smart real estate money is going

A woman holds an umbrella as she walks during the traditional Feria de Abril (April fair) in the Andalusian capital of Seville, southern Spain April 17, 2013. The fair will run until April 21.

Marcelo del Pozo/REUTERS

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

Words of wisdom
A father's advice to his graduating son on money and life.

What the latest economic news means to mortgage rates
A mortgage broker examines the past week's economic developments and finds they support his view that mortgage rates will stay low for the foreseeable future.

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Where the smart housing money is going
It's Spain, where a housing market crash has made the country a magnet for global real estate bargain hunters.

Reverse mortgages gain popularity
Could this be an advanced indicator of inadequate retirement saving? A news report notes that reverse mortgages are up 26 per cent this year over the same period of 2013.

More money
Join the 45,000+ 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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