Dealing with Mortgage Lending Problems in a Low Interest Climate
The risks of over extending credit and over valued assets can be tackled smartly and in a less draconian way.
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 morePrepayment Penalties Should be Better Explained to Borrowers
Standardization of mortgage penalties with lenders providing an accurate description of the penalty calculations is needed so that borrowers fully understand what they are getting into.
Read moreUK’s Housing Market Regulators can take Pointers from Canada
To better regulate Britain’s housing market and encourage first time home buyers, the FSA of the UK can follow Canada’s example of making mortgage default insurance for LTVs greater than 80% mandatory for lenders.
Read moreCanadians Opting for Longer Mortgage Amortization Periods
Latest CAAMP report suggests that Canadians are choosing longer mortgage amortization periods but do not believe that this will affect their retirement plans.
Read moreHousing Starts Dip as Real Estate Market Slows Down
Economists say that despite homes being overvalued, larger household debt, and lesser housing starts, Canadian housing market is not at a serious risk.
Read moreOntario House Prices Overvalued by 11%
Ontario’s real estate market is likely to see a downward trend in 2011 and have a negative impact on the economy.
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