8
May

for the wealthy, carrying a mortgage is part of the strategy

For the wealthy, carrying a mortgage is part of the strategy DAVID ISRAELSON Special to The Globe and Mail Paying off a mortgage is often a point of pride. For the wealthy, however, it might not be the smartest thing to do. The reasons to hold on to a mortgage are compelling, says Andrea Thompson, senior financial planner at Coleman

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1
May

Mortgage rates continue to defy expectations as Trump run up fizzles

Mortgage rates continue to defy expectations as Trump runup fizzles Robert McLister Special to The Globe and Mail, Apr. 26, 2017 Here’s the least surprising news you’ll hear all day: Interest rates are not doing what most experts predicted. Mortgage rates blasted off after Donald Trump’s presidential win last November. The narrative back then was that he’d trigger higher inflation

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25
Apr

this new way to buy and sell risk in Canada’s hot housing markets might help cool them off

This new way to buy and sell risk in Canada’s hot housing markets might help cool them off Special to Financial Post | April 24, 2017 The housing market in Canada is seasonal and at its hottest in spring. Hence, it is no surprise that politicians are getting jittery and looking for scapegoats over a lack of affordability that, for some

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24
Apr

deconstructed: the good, the bad and the ugly of Ontario’s 16-point plan to tame housing

Deconstructed: The good, the bad and the ugly of Ontario’s 16-point plan to tame housing Garry Marr | April 21, 2017 | Financial Post On Thursday, the Ontario government introduced measures intended to cool the housing market in the Greater Toronto Area. Here’s a breakdown of all 16 and the impact housing market experts believe they will or will not have.

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21
Apr

five reasons Canadians should not fear a housing market correction-and might even cheer it

Five reasons Canadians should not fear a housing market correction — and might even cheer it Garry Marr | Financial Post |April 13, 2017 CIBC chief economist Avery Shenfeld and his economic team won’t say whether the housing market is on the verge of a correction. Shenfeld, fellow economists Andrew Grantham and Nick Exarhos say the bigger question they continue to

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31
Mar

Let’s talk money, Honey- discussing finances with your partner is key for happiness

Let’s talk money, honey Discussing finances with your partner is key for happiness by Prajakta Dhopade January 10th, 2017 In the haze of wedding planning or the emotional heat of committing to a partner you love, there’s one subject that often goes untouched—financial management as a unit. Tying the knot or signing the joint lease both come with big money

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20
Mar

How Canada’s biggest banks have become complicit in the housing bubble

How Canada’s biggest banks have become complicit in the housing bubble Canada’s big banks have become addicted to mortgages—and it’s been incredibly profitable. But now we’re seeing the consequences of that debt binge Mar 13, 2017 Kevin Carmichael   This article originally appeared in Maclean’s. Royal Bank of Canada Chief Executive David McKay flattered some Bay Street reporters with rare interviews

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17
Mar

MORE CANADIANS ARE RAIDING THEIR RRSPs TO BUY A HOUSE, MAKE ENDS MEET AND PAY OFF DEBT

More Canadians are raiding their RRSPs to buy a house, make ends meet and pay off debt Garry Marr | February 7, 2017 A new survey suggests Canadians are dipping into their registered retirement savings plans like never before and the high cost of housing may be driving those decisions. The study released Tuesday and conducted by Pollara for Bank

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14
Mar

is Canada on the brink of a financial crisis?

Is Canada on the brink of a financial crisis? Cameron French,Yahoo Finance Canada Ever since the U.S. financial crisis in the late 2000s, there have been questions about whether there might be a Canadian version coming down the pipe. The fact that it hasn’t happened has been taken by some as proof that Canada’s financial system is a better machine

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10
Mar

CMHC says in new guidebook maybe that loan is actually a little too large for you Garry Marr | Financial Post | February 28, 2017 Canada Mortgage and Housing Corp. has a new how-to guidebook on buying a home and one of the more intriguing bits of advice is not to take on as large a loan as you might qualify

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