What Does Deflation and Cholesterol Have In Common?
Deflation: The Good and The Bad
Read moreFinancial Literacy for Canadians
With financial problems brewing in Canada, perhaps it’s about time budgeting is taken seriously. Financial post has a viable reason for the low savings rate and the record high debt of Canadians.
Read moreMany Consumers Considering Hybrid Mortgages
Hybrid, or combination mortgages, appeal to a growing segment of consumers in view of the economy’s unpredictability. Many people are taking a wait-and-see approach.
Read moreUS Economist Says Conservative Spending is Road to Great Depression Part Deux
Krugman says cutting government spending is the way to rack and ruin. But is he right? The G20 conference is now part of history, but shortly after it was over, Paul Krugman, a Nobel-winning economist, made some waves by strongly opining that the consensus to get spending and debt levels down was precisely the wrong approach.
Read moreDeficit, Debt Reduction Targets Will Impact Consumers – Sooner and/or Later
G20 deficit and debt reduction targets will sooner and/or later impact the price of consumer financial products, including mortgages, lines of credit and home loans.
Read moreConsider Refinancing or Debt Consolidation in Light of Bank of Canada Comments
Comments from the Bank of Canada’s recent Financial System Review highlight the rapid growth of household debt – debt which savvy borrowers may consider when refinancing mortgages or consolidating debt.
Read moreMore on How Debt Consolidation Can Impact Your Credit Score
Learn How Debt Consolidation Can Benefit Your Credit Score. Debt consolidation can have an impact on your credit score. If you didn’t know this before, you’ll be happy to find out that consolidating debt mostly reflects positively on your credit score.
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