A Warning Shot Fired over Household Debt and Mortgage Affordability
Bank of Canada Governor, Mark Carney, warns that low interest levels will not be a permanent feature of the economic landscape, and Canadians will need to address record levels of household debt.
Read moreInflation Rise Not Likely to Cause Interest Rate Hike
Despite inflation rise recorded in October, it is unlikely that Bank of Canada will hike interest rates.
Read moreInvesting Your RRSP Money in Your Mortgage
You can invest your RRSP dollars to fund your mortgage, especially if you are a conservative investor, earning less than 4% from your retirement investment.
Read moreCanadians on a Florida Property Buying Spree
The depressed real estate market in Florida has witnessed a large influx of Canadian investors who are scooping up acres of land at massive discounts.
Read moreIs it a Good Idea to Combine Your Mortgage and Credit Line in a Single Package?
Borrowers who combine their mortgage and other loans will have to pay an extra fee when they make a decision to switch lenders or struggle to get additional credit from other lenders.
Read moreBasics of Mortgages for First Time Home Buyers
First time home buyers should be aware of mortgage basics to make an informed decision.
Read moreBCREA Predicts One-Year Fixed Mortgage Rate Hike to 4.05% by End of 2011
BCREA forecasts that the one-year fixed mortgage rate could jump to 4.05% by end of 2011.
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