The world of safe investments has never been a get-rich-quick playground. But at current interest rates, it’s more like a get-poor-slowly sinkhole. Savings account rates are up a bit in the past few...
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Fixed mortgage rates have been going up, rising to multi-year highs as the yield on the Government of Canada’s 5-year bond continues to rise. Anticipation of further rate hikes by the central...
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Mortgage rates are trending up in Canada, leaving many new home buyers and those looking to renew their mortgage worried. The newest shocker in the mortgage rates saga was TD Bank suddenly raising...
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The Smith Manoeuvre is a strategy that is used to convert the interest you pay on your mortgage into a tax-deductible investment loan interest. The strategy derives its name from the financial...
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First-time home buyers and homeowners who are back in the market to renew their mortgage loan, have to make a decision on whether to obtain a variable or fixed rate mortgage. The ramifications of...
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Lately, there has been focus by federal and provincial governments on runaway sale prices and a potential bubble in the real estate market, especially in the Toronto and Vancouver markets. This has...
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