Dropping Loonie!!! Up and Down?

I like this short article I found:

The loonie, which was worth approximately 94.22 cents US, is now down 1.55 cents from the close on Wednesday.
In little over a week, Canada’s dollar has fallen close to four cents and nearly seven cents since last April, when it was worth about $1 dollar US. The fallout from the Greece debt crisis has affected the loonie’s recent drop.
There are growing fears that the global economic recovery will be hindered as the European Union continues with their effort to help Greece and other member countries.
This could result in lower demand for commodities which are key to the Canadian economy.

Basically as it shows that everything in financing is connected. That is why your financing should always be secured whether it be to buy , refinance, renew, etc. Like with all matters in your life your financing especially your real estate should be in order. Right now we have mortgages from as low as 1.65%. Contact us for any questions you might have.

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