mortgage rate: Buy or Not - 04/29/09 08:37 AM
If Shakespeare's Hamlet were a 20-something living in Toronto today, chances are he'd be working on his first career. He'd have some inheritance in the bank, he might even be living in his mother's basement. He'd have little job security, no pension and would probably be soliloquizing about the same dilemma as everyone else his age: To buy or not to buy, that is the question; Whether 'tis nobler on the pocketbook to suffer the outrageous rent, or to take up a sea of mortgage payments, and by doing so, retire with equity.

With interest rates at the lowest they've … (5 comments)

 

Veronique Fortin

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