tag:blogger.com,1999:blog-5936637281134795592.post8580181422036077074..comments2024-03-08T08:55:52.985-08:00Comments on Whispers from the Edge of the Rainforest: Interest Rates 3: the impact of rising ratesUnknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-5936637281134795592.post-68267293321793920712009-09-10T00:42:43.284-07:002009-09-10T00:42:43.284-07:00Thanks for the comments, I appreciate the feedback...Thanks for the comments, I appreciate the feedback.Whispererhttps://www.blogger.com/profile/03524022285962626228noreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-39308271657528753022009-09-07T13:35:23.496-07:002009-09-07T13:35:23.496-07:00In addition to the errors regarding the 5 year rat...In addition to the errors regarding the 5 year rate, the other error concerns the 'tsunami' of foreclosed homes that are apparently on the horizon.<br /><br />why can't these home owners just fix their variable rate when the rates start to rise ?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-49430742667577210252009-09-07T13:32:28.517-07:002009-09-07T13:32:28.517-07:00In first quarter 2004 a 5 year rate could be had a...In first quarter 2004 a 5 year rate could be had at Vancityy for 4.3%. So, they have in fact been below 5%.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-40873081120177702432009-09-07T10:34:48.611-07:002009-09-07T10:34:48.611-07:00Good Morning, it occured to me that a 5 yr. mortga...Good Morning, it occured to me that a 5 yr. mortgage implies that, depending on the percentage of 5 yr. mortgages, there will be those that are locked in and still have 5 or less years to pay up or default. Presumably the market bubble wouldn't burst the second interest rates rise, there would be a lag time of 0-5 years? How can we guesstimate what this period might be?boomyhttps://www.blogger.com/profile/15877256233440037574noreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-26315578289099229042009-09-07T08:37:06.078-07:002009-09-07T08:37:06.078-07:00The "posted" 5yr rates were never below ...The "posted" 5yr rates were never below 5%, but we did get below that (around 4.3-4.9%) in the last 3-5 years though.Anonymousnoreply@blogger.com