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What Changes to Large Portfolio Financing Means for You

2015-04-29 | 16:02:38

This is an article that I had written for REIN (Real Estate Invesment Network) on April 24.This past Monday (April 20th), TD announced some changes to their rental policy through the broker channel. Basically,There is now a maximum of five rental...

Brokers may ultimately have to thank RBC for shooting holes in BMO'ss 2.99%

2012-03-20 | 18:33:03

Brokers may ultimately have to thank RBC for shooting holes in BMO’s 2.99% – the biggest of Canada’s big banks running ads critical of the no-frills mortgage.“What good is a low rate mortgage without the frills?” asks an...

A Better Way To Tap Home Equity

2011-12-14 | 01:03:44

If you can’t live within your means in your working years, there’s no reason to believe you'll pull it off in retirement.  So let’s start familiarizing ourselves with the options for retirees who didn’t save enough to...

Canadians Slowing Down On Borrowing Amid Economic Uncertainty

2011-12-14 | 01:02:01

There are signs that Canadian consumers have slowed down their borrowing this year, after peaking in the fourth quarter of 2010.  A TransUnion analysis released Thursday found that average consumer debt, excluding mortgages, was $25,594 in the...

Global Economic Uncertainty Will Keep Canada's Growth Moderate in 2012: RBC Economics

2011-12-14 | 00:58:11

After a turbulent year, Canada’s economy is set to grow by 2.5% in 2012, according to the latest economic outlook issued yesterday by RBC Economics.   Commodity prices remain at historically high levels, the US is projected to...

5 Reasons Why A Fixed-rate Mortgage Could Be Your Best Bet

2011-12-14 | 00:55:18

It’s a decision that millions of Canadian homeowners struggle with repeatedly during their time as homeowners: Do they choose the security of a fixed-rate mortgage, or opt for the flexibility (and usually lower cost) of a variable rate and hope...