Kelvin Mangaroo

About Kelvin Mangaroo

Before I started RateSupermarket.ca, I guess you could have called me a 'frustrated' personal finance shopper (...disheartened, discouraged or even angry would also work though). I wanted better information, more transparency, and above all else, a damn good deal. Whether I'm shopping for a higher interest rate on my savings account, lower insurance quotes or the best mortgage rate in the market - I'm looking for the best offer - is that too much to ask for? So we're now into Year 4 and I'm very proud to say that we've helped many Canadians save money. We also have some exciting things on the way to make personal finance easier. I don't pretend to know everything there is about saving money, but I sure as hell plan to get better at it.

Articles by Kelvin Mangaroo

Major Changes in Europe Mean NO Changes in Canada

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Increased uncertainty in Europe and the wider global economy will cause Canada to sit back and wait before making any major changes to interest rates that could potentially derail its economic growth. While this waiting game plays out, RateSupermarket.ca’s panel of mortgage experts expect both fixed and variable mortgage rates to remain unchanged in the short term.
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Majority of British Columbians In Denial About Personal Debt

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A whopping 60.5% of British Columbians are not comfortable with their current level of debt, in line with the rest of Canada. This according to an independent survey from RateSupermarket.ca, Canada’s largest impartial rate comparison service. Among the 532 respondents from BC, the leading cause of debt concern by far (36.7%) is credit card debt.
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Are Canadians in Credit Card Debt Denial?

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You might remember a press release issued a few weeks back by RateSupermarket.ca about how Canadians are worried about personal debt levels. We thought we’d go one step further in analyzing the poll results and have pulled together an inforgraphic showing just how bad our credit card debt denial has become and exactly which provinces are ignoring the truth.
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April Showers Likely Bringing Higher Fixed Mortgage Rates

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RateSupermarket.ca’s expert mortgage panel predicts hike in fixed rates, but stability in variable rates this month. The spring real estate frenzy has started early this year, perhaps due in part to record low fixed mortgage rates in March. Sadly for borrowers, all good things must come to an end. To paraphrase the old saying, “what goes down must come back up.” As such, fixed rates are expected to rise this month, according to some experts. Conversely, RateSupermarket.ca’s Mortgage Rate Outlook Panel is anticipating variable mortgage rates to remain unchanged in April.
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