Real Estate
We’re in our 70s. Should we pay off our 2.5% mortgage — or put the money in a high-yield savings account?
By Katherine Langford
Business Brief: This week marks the end of a boring year for interest rates
Marcus Chen
Marcus Chen
Managing Editor · St. Paul, MN
Marcus manages the day-to-day editorial workflow across all brands, coordinating coverage assignments and ensuring editorial standards are met. He previously served as city editor at the Pioneer Press and holds a degree in Political Science from Carleton College.
More from Marcus →Managing Editor · Thursday, October 29, 2026 at 10:19 AM · 1 min read
Good morning, my name’s Salmaan Farooqui, and I cover the housing and mortgage market for The Globe. Today, we’ll take a closer look at the Bank of Canada’s decision to hike rates yesterday. It’s the first rate change in nearly a year, and it won’t do any favours for Canada’s stagnant housing market. But first:
Up nextWe’re in our 70s. Should we pay off our 2.5% mortgage — or put the money in a high-yield savings account?Real Estate · 1 min read
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