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RATE ALERT
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The Bank of Canada lowered it's overnight rate target by 1/4 percentage point to 0.25%. They plan to hold the current rate until the end of the second quarter of 2010. Bank of Canada's Press Release said:
"In an environment of continued high uncertainty, the global recession has intensified and become more synchronous since the Bank's January Monetary Policy R ...
Care Homes are a hot topic and that's not going to change. What can change is how you can lower the cost of paying for it!
This week I read an interesting article about how the economic slump is resulting in a surge of new activity in the home-care industry. Providers are reporting that Canadians looking for new employment opportunities are interested in starting up home-care franchises. One ...
With the uncertainty of job loss racing through many homeowners’ minds these days, taking a proactive approach to this issue by putting mortgage payments aside while you’re still actively employed can help set your mind at ease.
It’s a wise move to set money aside each pay period so you can accumulate six to 12 months’ worth of mortgage payments in a short-term GIC as security for a possible ...
Mortgage Insurance is offered by most banks and lending institutions. They'll offer it to you when you get a mortgage or refinance and existing one.
It's an insurance policy that pays the lending institution if you, the person listed on the mortgage passes away.
Mortgage Insurance provides a life insuranc eamount equal to your remaining debt. As your mortgage decrea ...