Blog by

< Previous

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 pas ...

Sub Prime in Canada

February 1st, 2008
Canada wont experience the same problems as the US Sub Prime market. This is due to a number of reasons the biggest is the lending guidelines in Canada are far more stringent than our American counter part.

Canadian Economy

February 1st, 2008
The effects on Canada of the weaker U.S. economic outlook will lead to additional downward pressure on export growth. Domestic demand in Canada is projected to remain strong in the months ahead. This strength is supported by continued income growth associated with the increase in commodity prices since October, which has led to further gains in our terms of trade. The bank rate was lowered ...

Forty Year Amortization: reminder

January 30th, 2008

100% Financing after Bankruptsy

January 30th, 2008
Put the Past in its Place: How to Get 100 Percent Mortgage Financing after Bankruptcy

By Grant Powell

Going through bankruptcy has been a topic of confusion and concern for people who are thinking of purchasing or already own a home. There are two overstated facts concerning bankruptcy and home ownership. The first is that once you've claimed bankruptcy, it's almost impossible to get ano ...

Saving Deals

November 14th, 2007
Over 15% of our business in the mortgage market is saving deals for realtors. Mortgage experts can save deals when banks have rejected a client. This is very relavant when there is a subject removal in which a client needs to come up with financing in a short peroid of time. A mortgage expert can make this happen due to they have many lenders in which they can get financing from in a short pe ...
< Previous