Real estate has been an outstanding investment in most parts of Canada in the past few years. Home valuations are continuing to rise and have broken through the peak of their 1989 “bubble” in many areas of the country. That’s good news for Canada’s 7.5 million home owners, who are enjoying an average increase of [...]
Posts Tagged ‘Lecture’
Homeowners are Taking Out Mortgages – not to Purchase a Home – But to Boost Their Purchasing Power
May 20th, 2010
admin The Real Cost of your Cash-back Mortgage Option
March 7th, 2010
admin If you look at the most stressful events in a person’s life, buying a home is on the top ten list. After all, it’s a big decision – both emotionally and financially. Many home buyers go through an anxious period after they’ve arranged for their mortgage and get ready to move into their new home. [...]
If Mortgage Rates Can Fall Through the “floor” of the Prime Rate…what Else is Under the Floor?
January 19th, 2010
admin “Lower than prime,” you heard someone say. Like most Canadians, you were probably first skeptical and then confused. We tend to think of the prime lending rate as the invisible “floor” of lending rates. The very best customers can get very close to that floor. It is theoretically possible, we reason, to actually be ON [...]
How to Use a Mortgage to Manage your Debt and Improve your Credit
October 29th, 2009
admin What if there was such a thing as a magic card that you could carry with you, which had the power to open doors for you all over the world? You show someone your magic card and ‘voila’, you can have what you wish for. You would want to protect that card very carefully, wouldn’t [...]
Forclosures Have Met Their Match… Reverse Mortgages
June 5th, 2009
admin Foreclosure filings were reported on 2.3 million U.S. properties in 2008, an increase of 81 percent from 2007 and up 225 percent from 2006, according to the RealtyTrac U.S. Foreclosure Market Report released January 15, 2009. The soaring number of forclosures have sent ripples through the housing and banking industry with the affects being felt by [...]


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