ep 222 | There's more to mortgage rates than the OCR

There’s a lot of excitement out there amongst borrowers, particularly those with a mortgage renewal coming up. The message boards are full of people speculating on how low rates will go, and strategizing how to play it for maximum advantage. While the optimism is justified, some caution applies as well. If you’re in the midst of that refixing decision, there are a couple of important points to be aware of.