The Inflation Hedge Mortgage Strategy, is a simple yet highly effective mortgage strategy designed to protect you from increasing interest rates, future payment shock and help adjust your mortgage for inflation...
As your mortgage planner, we will assist in analyzing your specific needs and will make recommendations that fit your goals, all the while maintaining the priority to save you money on your mortgage!
GEORGE CARLIN (His wife died early in 2008…and George followed her, dying in July 2008) Isn’t it amazing that George Carlin – comedian of the 70′s and 80′s – could write something so very eloquent…and so very appropriate. A Message by George Carlin: The paradox of our time in history is that we have taller [...]
 |
The Finance department has been promising to make financial institutions fully disclose how their penalties are calculated, and as of Nov 5, 2012 this will be realized. In the past, financial institutions would not provide borrowers with the complex formulas and examples needed to accurately calculate penalties. All banks use some variation based on posted [...]
|
I came across an interesting article talking about how the National Bank suggests that a Canadian housing cash is “awfully unlikely”. Second last paragraph I came across this National Bank suggestion: “If five-year mortgage rates climb by about 2.5 percentage points through the end of 2014, which is about the maximum that the National Bank’s [...]
|
By Derek Abma, Financial Post January 18, 2012 9:07 AM OTTAWA — Five out of seven Canadian cities considered among the top 200 local economies in the world were in the top half of rankings for economic performance last year, a Washington, D.C.-based research group said in a report issued Wednesday. This report from [...]
|
Ottawa -The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. The outlook for the global economy has deteriorated and uncertainty has increased since the Bank released its [...]
|
I think it is fair to make a generalization and say that it’s Generation Y that has been running up the consumer debt levels to the record highs of today, of course, there are always exceptions. And when it comes to their mortgage needs, we are seeing an equally disturbing trend. This generation is more [...]
|
Canadian Debt In 2012: Either We’ll Rein In Our Expenses, Or Someone Will Do It For Us Via Canada Business TORONTO — Record high Canadian household debt levels will factor into how the economy shapes up in 2012, leading to a slowdown in consumer spending or further tightening of mortgage rules, leading bank economists predict. [...]
|
Thursday, 05 January 2012 21:18 Written by Vernon Clement Jones CIBC’s top economist is going one better than TD’s, suggesting Canadian home prices may be as much as 15% overvalued and not just the 10% suggested by his counterpart at that other bank. Still, even that larger discrepancy between fair market values and selling prices [...]
|
Star Exclusive: Angry Trump condo buyer wants out By Susan Pigg, Business Reporter Alice Batista readily admits she was blinded by dollar signs and slick advertising when she dialled up the Trump hotel and condo sales office back in 2006. The single mother of three became convinced that $50,000 was a small price to pay [...]
|
By Will Van’t Veld, Troy Media December 19, 2011 Mark Carney doesn’t want to move interest rates higher before the economy is ready, but households probably shouldn’t count on his being able to time the situation perfectly. Photograph by: Allen McInnis, The Gazette EDMONTON – For more than a year now, the governor of the [...]
|
