We are expecting a significant mortgage rate increase in the next week. It is extremely important that you act on this now! Spreads on our bond yields which we use to set interest rates for all lenders are under water now.Today the largest courier company Ups purchased a large courier company in Denmark, to make it the largest company in North America When we see the logistics companies and courier companies grow as in in this example that is a tell tale sign that the economy is improving. http://www.businessweek.com/news/2012-03-18/ups-said-to-reach-deal-to-buy-tnt-express This is contrary to what the economist for CMHC indicated in late 2010 which was a freeze on interest rates over the next 14 months. This prediction was done prior to the fact that Interest rates kept dropping to the...
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