FUTURE OF INTEREST RATES
INTEREST RATES will remain very similar to where they are now for all of 2010. That's is the opinion of all the 'EXPERTS'.
Yes they all agree that until the economy starts to grow at a much faster rate then it growing now the Bank of Canada will keep interest rates low. Higher rates now would create two negative problems for our economy. First, it would slow the recovery that has started, but which is still pretty weak. Second, it would cause our dollar to increase in value against other currencies in the world (especially the US dollar) which would make it dificult to sell our exports on world markets.
So sit back relax and enjoy the benefits of low interest rates. Use this to increase your investments, especially, Real Estate Investments.