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Is Real Estate an Inflation Hedge?

December 21st, 2011

Generally speaking from the outside, Canadian real estate looks like a good way to hedge inflation given the fact that the overall Canadian real estate market has done quite well over the last few years even though other world markets have been tumbling and trying to bounce back to more stable levels.

When looking to see exactly how stable a hedge Canadian real estate is against inflation, it ...

Mortgage Calculator

November 13th, 2011
There is a basic  mortgage calculation for how much your monthly mortgage payments will be on every $100,000 loan amount based on 300 monthly installments.
Interest Rate       Monthly Payment
2.5%                        $449
2.75%                      $461
3.0%                        $474
3.25%                      $487
3.50%                      $501
3.75%                      $514
4.0%      ...

Financing for ex Grow Ops and Meth Labs

November 9th, 2011
In the last few years the numbers are staggering how many neighborhoods are being plaged with one house on the block bringing the average home price down dramatically due to the fact it was a "Grow Op" or a" Meth Lab" http://www.cbc.ca/news/canada/sudbury/story/2011/11/07/sby-grow-ops-northweast.html

We have mortgage lenders that will do full mortgage financing on ex Grow Ops and Meth. labs ...

Article published

November 7th, 2011
I recently had an article published check it out!

Secrets to an excellent credit rating

October 29th, 2011

Secrets to Healthy Credit

 

Your credit score shows how likely you are to pay a loan on time. Today more than ever it’s crucial to keep your credit rating in excellent standing health. Especially for the estimated one out of four Canadians that are self employed, mortgage lenders directly correlate the maximum loan amount you can borrow on a property based on your current credit score and hab ...

Lease Backs

February 14th, 2009

In times of financial concerns assests you may own could very well be used for cash flow. Some examples on the top of the list are vehicles, Heavy and industrial equipment ( excavators, bull dozers, highway tractors & trailers, forklifts, etc.) We can also do other assets as well so ask to see how we can help.What happens is a leasing lender will advance you funds within a couple weeks based ...

Bank Of Canada

March 6th, 2008
Its a beautiful thing!! The Bank of Canada lowered the rates by .5% on tuesday. The bank is concerned the US might be heading further into reccession mode. With this happening the bank figures by lowering rates will help the canadian economy by people still borrowing money while keeping the cost of borrowing down. You gotta love it!!!

Bank of Canada Upcoming Review

February 27th, 2008
 Bank of Canada sticks to talk of rate cut

Nathan Vanderklippe, Financial Post  Published: Tuesday, February 19,
2008

Mark Carney, governor of the Bank of Canada, took to the podium for his
inaugural speech and repeated -- virtually to the letter -- comments he
has previously made on the need for a cut to the bank's target overnight
lending rate.

"In line with our base-case projection and ...

Home starts rebound

February 18th, 2008
Last week CMHC Canadain Mortgage and Housing announced housing starts for January were up from 184,700 units in December 2007 to 227,700 units in January of 2008. A few things are contributing factors for this the low mortgage rates, solid employment and a high level of consumer confidence. The seasonally adjusted annual rate of urban starts increased in four of Canada's five regions in Janua ...

Canadian Debt

February 13th, 2008

 Many Canadians especially those earning net middle incomes of about $60,000 a year,
have racked up credit-card debt that's almost doubled since 1990 to
$22,500 from $12,000 on average.

In December the unemploment rate in Canada stood at 5.8 per cent, a 33-year-low. While consumer bankruptcies have held steady over the last eight years.  Credit card debt has been higher than years in the past ...

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