A higher Canadian dollar is helping on the “Home” front.
There has been a great deal of concern as our Canadian dollar gained in strength and economist were concerned that the high value of our currency would negatively impact trade with our export partners. That are less willing to pay higher prices for or goods. However, there is a bright side to this on the…
Read moreThe Power of Home Equity
In today’s financial climate it is becoming more and more important to expand and diversify financially. Many people have left the “security” of their full time, salaried jobs for the uncertainty of self employment. The reason being that there is no security in today’s corporate atmosphere. Restructuring and cut backs have been the norm for the…
Read moreWhich Market is better: Buyers or Sellers?
A hot market is a “seller’s market”, where properties can sell within a few days of being listed, there are often multiple offers, and sometimes homes even sell above the asking price. A “buyer’s market” on the contrary usually includes houses that may sit on the market for some time. It can also be characterized…
Read moreHow affordable is housing in Canada anyway?
With the pricing for basic necessities like gas and food on the rise, it is no surprise that people are more conscious of how they spend their money. As a result, the average person is even more hesitant with regard to housing and the plausibility of making a purchase that requires such a sizable investment. Staying abreast…
Read moreGetting a second mortgage in Canada – Things to be taken into account
The purpose of taking out a second mortgage loan in Canada.
Read moreRBC TO Brokers: We’re Sorry.
RBC Vs. Mortgage Brokers: Blown Way Out Of Proportion, But A Good Lens From Which To View The Mortgage Industry Nevertheless.
Read moreIMF To Canada: Consumer Debt Is A Problem
IMF to Canada: Consumer Debts Are a Problem. Canadians need to watch out, as their consumer debts and other liabilities are really taking a big bite out of their income. With so much “interest drag”, how can one be expected to get ahead?
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