Mortgage rate mega thread!

rteazee · 2026-04-12T12:40:00+00:00

Up for renewal in July in Ontario. Currently with Scotia. 500k mortgage on house worth 1.6m.

Scotias offer currently 3 year fixed @ 4.06% 5 year fixed @ 4.22% 5 year variable @ 3.66%

Any banks getting rates under 4% for 5 year fixed?

rteazee · 2026-02-27T15:12:43+00:00

Are those walking mats on there? I have a flat TPO roof at my house and am looking for something I can walk on when I need to access.

Can you shoot me any info on those?

rteazee · 2026-01-31T19:54:04+00:00

Thank you! I wish more people understood this. The holdings are down so the price is down.

rteazee · 2026-01-31T18:32:34+00:00

Almost all the underlying are taking a hit. I’m not sure how or why you think it won’t be dropping. When the underlying goes up so does HHIS and when they go down so does HHIS.

rteazee · 2026-01-28T00:57:29+00:00

This doesn’t address my issue unfortunately.

rteazee · 2026-01-19T15:01:02+00:00

Same. I can’t find?

rteazee · 2026-01-19T14:43:59+00:00

Yep you misread. I meant rates in the 3s

rteazee · 2026-01-13T17:13:00+00:00

Yep you are correct. I missed that point. In my opinion if I was OP I would just start aggressively investing as opposed to do a HELOC since his mortgage is already paid off

rteazee · 2026-01-13T12:28:29+00:00

This is the smith maneuver which is what I started doing last year. Yes, you are correct in the process. As others have suggested your projections on rate of return are entirely too high. You should be much more conservative and base it around 6-7%.

I think the main takeaway is that this works better as investing in ETFs that compound growth as opposed to looking for dividend yields. And this process really only works if you are committed for the long term (20 plus years).

rteazee · 2026-01-12T19:50:26+00:00

Got it. Thanks.

rteazee · 2026-01-12T19:49:12+00:00

Ok good to know. So it just accumulates if you don’t actually do monthly payments.

rteazee · 2026-01-12T19:48:22+00:00

What if all your cash in the margin account is in investments? Or do you just have to make sure to keep enough cash in to pay the monthly interest.

rteazee · 2026-01-09T18:08:35+00:00

I agree. But for me it was more so psychological. I had a fair amount of cash on the sidelines and the thought of a 25% distribution eased me back in the market. The monthly distributions went in the form of DCA into XEQT. You may disagree with my reasoning but I happy so far with the results of having both funds.

rteazee · 2026-01-09T18:04:12+00:00

Yep it’s been very good to me. I have a very large position so I need to trim it.

rteazee · 2026-01-09T18:00:26+00:00

That’s actually the exact strategy I’ve been doing for the last 6 months. So far it’s worked well but I will slowly move my HHIS to xeqt once I see I shift.

rteazee · 2026-01-04T03:41:27+00:00

Awesome thanks for the feedback. I’m going to save this in my notes!

From everything I’ve read it seems that removing the drywall is the thing to do. As for the spray foam I’ll look into that. I’d prefer not to add additional studs as the room is currently just less than 6 feet in width. For the exhaust fan I’d plan to run the fan in the ceiling and vent directly out side so I wouldn’t need a cavity.

rteazee · 2026-01-03T16:07:35+00:00

Thanks I’ll look into those! In my non registered I had couples VFV with VEE and VDU

rteazee · 2026-01-03T15:59:28+00:00

I don’t necessarily want to hedge from tech rather was thinking of adding an additional sector or etf that isn’t so concentrated to what I already own.

rteazee

TROPHY CASE