I’ve been talking with some of my friends who also happen to be home owners and we were comparing our mortgage rates. What I found out was that california mortgage rate are a bit higher than they are here in Ontario.

I’m wondering now if the mortgage rates are a little higher because the US economy isn’t doing quite as well as Canada’s? I haven’t heard any recent rates but the last time I did I think our unemployment rate was lower and well … our dollar is certainly climbing. If our dollar gets much higher it will hurt our economy.

What do you think?