The answer to this question depends on one two things: One’s current financial situation and do you want to save on paying the interest part of the mortgage....
Well, we finally have some details and insight for the 2011 housing market, and it's about to get tougher for new home owners, and even those currently in the market.
OTTAWA - The Bank of Canada may be concerned about the level of debt homeowners are assuming, but consumers who have recently taken out or renewed their mortgage are not.