MEET THE MORTGAGE FREEDOM FIGHTERS
REFERRAL APPRECIATION PROGRAM
OTTAWA — It has been a ground-shifting few months for the Bank of Canada.
As funny as this video is, it does drive the point that the Banks are not your friends and the Mortgages offered are tailored for the Banks and not the consumer.
Despite a growing population, planners say home ownership patterns are shifting and the region doesn’t need much more suburban single-family housing.
TORONTO — Rock-bottom interest rates, a scarcity of supply and growing demand from millennials and wealthy immigrants have fuelled a strong start to the spring real estate season in Toronto and Vancouver.
You can leave your investments inside your RRSP until you’re 71, regardless of whether you’re working or not. But at age 71, you have to wind up your RRSP and start taking the money out. If you took all the money out at once and claimed it as income, you’d get a massive tax bill that year, so most people transfer their assets into a Registered Retirement Income Fund, or RRIF, so they can convert them into a regular monthly retirement income.
OTTAWA — If Stephen Poloz got his messaging right, the Bank of Canada is putting further interest rate cuts solidly on the sidelines.
You need to take a hard look at your finances this weekend to determine whether you should be making your RRSP contribution before Monday’s midnight deadline.
Purchasing a home can be a very exciting and stressful time. Buyers, particularly first time buyers, need to be aware that there are a host of costs associated with buying a home above and beyond than the actual purchase price. It helps to know what those costs are in advance rather than get an unexpected surprise when closing that can add to an already stressful experience.
TORONTO, ONTARIO--(Marketwired - Feb. 9, 2015) - Housing starts in the Kitchener-Cambridge-Waterloo Census Metropolitan Area (CMA) were trending at 5,342 units in January compared to 5,474 units in December, according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six month moving average of the monthly seasonally adjusted annual rates (SAAR)1 of housing starts.
The collapse in the world price of crude oil will put $1,000 in the average Canadian consumer’s pocket this year thanks to lower gasoline prices at the pumps, a new report notes.
Mortgage brokerage, refinancing services and financial advice for the self-employed, seniors, first time home owners, and investors in South Western Ontario, including Waterloo, Kitchener, Guelph, Ayr, Elmira, Fergus, Elora, Milton, Elora, Moffat, Cambridge, Breslau, Georgetown and Acton. Contact The Mortgage Centre in Kitchener Ontario at 519-743-4365.
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