Real estate blog entries tagged with interest rate direction by Robert Ashby Photography

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Home : Blogs : Robert D. Ashby : Florida's #1 Mortgage Planner - Managing Equity and Debt Strategically™ : Tag "interest rate direction"

interest rate direction: Are You in Parity with a Loonie, and Should You Care? - 09/25/07 09:09 AM

Many of you are in fact on the same level as a Loonie. Ok, maybe not you, but the money in your wallet is. So, what is a Loonie?
A Loonie is the Canadian Dollar and it has always (or almost always anyway) been worth less than the US Dollar. So, it reached the same value as the US Dollar which means our neighbors to the north are really happy. So happy, in fact, that the Canadian Finance Minister held a press conference Thursday discussing the looming parity.
So why should you care? Simply put, and as the Canadian Finance Minister stated, there is … (7 comments)

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Robert D. Ashby

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