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ING’s perspective on the Canadian Mortgage Market

June 20, 2010

Last week, a team from MonsterMortgage.ca attended the Genworth Financial Charity golf tournament for the Make-a-Wish Foundation. Great time for a great cause. On the course we caught up with various people from the industry that were out to support this event, including our friends from ING Direct. George Hugh – Vice President, Broker Sales from ING Direct agreed to help out with our video blog on the 10th hole and I had an opportunity to ask him about the pace of the mortgage market and his insight into which direction mortgage rates would be headed. I thought this would add a new perspective to the debate as to whether consumers should stick with variable rate or fixed rate mortgages. Thanks to George for his assessment of what is going on today in the mortgage world from ING’s perspective.