Tag Archives: magna international

Adapting to Prolonged Low Interest Rates

By | 04/09/2014
9 Comments

Last Fall I made some bold predictions that low interest rates are staying until 2016, which will keep the housing market stable. I also suggested that investing in parts manufacturers like Magna International would be a profitable venture due to the consumer’s love for cars 😀 Fast forward to today and it looks like events are unfolding thus… Read More »

Weekend News: Low Interest Rates are Staying

By | 09/06/2013
14 Comments

Real Estate Sales Strong Despite Higher Mortgage Rates Yesterday we just saw the yield on the 10 year US treasury climb to 2.99%, a multi-year high, and mortgage rates are starting to creep up. But houses are still being sold with unimpeded fervor in many parts of Canada 😎 The number of homes sold in Vancouver was 52%… Read More »