Why be house-rich and cash-poor?
With the cost of borrowing at near-record lows, Michael Prentice says now is the time for homeowners to use that to their advantage
I have never seriously tried to negotiate a lower interest rate than the one offered by my bank when taking out or renewing a mortgage. That’s my mistake
Michael Prentice is OBJ’s columnist on retail and consumer issues. He can be contacted at news@obj.ca.
COMMENTARY
Who couldn’t use an extra few thousand dollars a year in spending money? The cost of borrowing is close to record lows, yet many of us fail to make the most of this.
Here are four suggestions for getting the most out of low interest rates: • When...
Read latest Ottawa Business Journal online.
Online newspapers
at PressDisplay.