Mortgages

    Free seminar hosted by Your Mortgage Solutions Group.   YOU WILL LEARN – How the mortgage system works in Canada & programs available. – The role of a Mortgage Broker & the benefits of using one. – Qualification requirements to obtain a Mortgage. – Your credit history. – The initial investment required & [...]

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10 Inexpensive Eco Home Tips

by on August 26, 2011

    Making your home more eco-friendly doesn’t have to break the bank. In fact, many fix-ups are simple to do and cost less than dinner and a movie. Here are 10 inexpensive (or free!) ways to green your home. Ditch your cleaning products You can guess just from the strong smell of some household [...]

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Eating Outdoors in Fine Style

by on August 26, 2011

    Jamie Durie’s new book, The Outdoor Room, argues for a more thoughtful approach to outside spaces. Metro caught up with the horticulturalist and HGTV host for some tips.   Have a plan Before you start, know what you want. Even the tiniest outdoor space has fine-dining potential — if that’s what you’re looking [...]

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Canadian home prices in April were up 1.1% from the previous month, according to the Teranet-National Bank National Composite House Price Index™. That rise took the index to a record 140.47 (June 2005 = 100). The April increase was the largest of five consecutive monthly rises following three straight monthly declines. For the first time [...]

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Experts encouraging home ownership

by Angela Calla on August 26, 2011

Owning the roof over your head should still be a goal for most Canadians as paying rent is like paying someone else’s mortgage, experts say.    The Bank of Canada gave its clearest signal last week that interest rates are set to rise, while a growing number of real estate watchers and some economists are [...]

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Home ownership trumps renting in personal finance stakes

by Shelley Rosner on August 26, 2011

July 21, 2011 | 08:24 Sharon Singleton- Money   Owning the roof over your head should still be a goal for most Canadians as paying rent is like paying someone else’s mortgage, experts say. The Bank of Canada gave its clearest signal so far this week that interest rates are set to rise, while a [...]

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Two Canadian Economists weigh in on US debt ceiling

by Angela Calla on August 26, 2011

The world is watching as negotiations to raise the US debt ceiling drag on towards the August 2nd deadline. Republicans recently proposed a plan to be voted on this week, hinging on cuts and caps, but the acrimony over spending or taxes continues.   Two Canadian economists have weighed into the debate, with editorials. While [...]

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Dollar within striking distance of modern-day high

by Angela Calla on August 26, 2011

TORONTO (Reuters) – The Canadian dollar looks set to extend a rally that’s taken it to 3-1/2 year highs against the U.S. dollar this week, as more hawkish Bank of Canada comments lifted the currency and global investors pushed into the safety of Canadian assets. Given the central bank’s clear signal it would likely resume [...]

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BOC leaves rates unchanged

by Angela Calla on August 26, 2011

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. The global economic expansion is proceeding broadly as projected in the Bank’s April Monetary Policy Report (MPR), with [...]

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Why Canadian mortgage rates are on a roller coaster

by Angela Calla on August 26, 2011

Tom Fennell Yahoo Finance  If there’s one question being kicked around the barbecue more than any other this summer, it’s probably this: should I lock in my variable rate mortgage? But with interest rates bouncing around, to the point where they make a mortgage-rate chart look more like the diagram of a rollercoaster, homeowners can [...]

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