tag:blogger.com,1999:blog-5465015914589377788.post6486815452011516919..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: Second Look: Canadian Homeowners’ Sensitivity to Interest RatesMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5465015914589377788.post-91843482538777576272012-04-19T10:48:00.771-04:002012-04-19T10:48:00.771-04:00@Larry: Thanks for the pointer to the interesting...@Larry: Thanks for the pointer to the interesting article. It seems we're a long way from the scale of the U.S. problems, but we're headed in that direction.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-42377665640367053782012-04-18T13:21:57.227-04:002012-04-18T13:21:57.227-04:00Interesting article on cbc.ca on "subprime&qu...Interesting article on cbc.ca on "subprime" mortgages in Canada. No, it's not the same subprime that sank the US housing market, but it's growing in Canada. I still don't think we can explode here so soon after the US explosion. Too many people still remember how things went bad so quickly that that's probably why we'll avoid it. <br />Here is the link: http://www.cbc.ca/news/business/story/2012/04/16/subprime-mortgage-market.htmlLarry C.noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-25950497227799929592012-04-17T03:13:37.384-04:002012-04-17T03:13:37.384-04:00@anonymous: I think that interest rates are likel...@anonymous: I think that interest rates are likely to be raised by less than 1% at a time, but they could easily go back up substantially over time.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-8993219646589175472012-04-16T15:41:26.213-04:002012-04-16T15:41:26.213-04:00With interest rates being so low, don't you th...With interest rates being so low, don't you think the government will only raise them a small amount to slow the economy if it ever gets going. I mean a 1 percentage point increase on 3% is quite substantial.Anonymousnoreply@blogger.com