Pay Off Debt


September 2nd, 2010

Consumers expect home sale prices to decline, say construction and home builder sector weaker than a year ago: RBC Consumer Outlook Index

TORONTO, Ontario, September 02, 2010 — From New York -The barrage of negative housing data in the past month has taken a toll on U.S. consumers, with 40 percent saying they expect the sale prices of homes in their neighborhood to decrease over the next year, compared to 31 percent who said this in August, according to the monthly RBC Consumer Outlook Index. Only one-quarter of Americans …



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September 1st, 2010

BMO Slashes Market-Leading Five Year Mortgage Rate By 20 Bps to 3.59 Per Cent

TORONTO, Ontario, September 01, 2010 — BMO announced today it is decreasing its popular five-year low rate mortgage from 3.79 per cent to 3.59 per cent* effective September 2, 2010.
The move will provide home buyers just the incentive they need to kick-start the fall house-hunting season with a renewed fervour.
“It’s a great time to buy a home,” said Martin Nel, Vice …



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September 1st, 2010

Investors must stare down the two-headed monster

Which is the greater threat to investors: inflation or
deflation? If you don’t know the answer to that, welcome to the
club, and expect the tug of war between the two portfolio
influencers to last a few more years.



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August 31st, 2010

Housing Activity Stabilizing

OTTAWA, Ontario, August 31, 2010 — After rebounding in the second half of 2009 and early 2010, housing starts are expected to moderate in the second half of 2010. Starts are expected to stabilize at levels consistent with demographic fundamentals in 2011, according to Canada Mortgage and Housing Corporation’s (CMHC) third quarter Housing Market Outlook, Canada Edition . 1
Housing …



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August 30th, 2010

Wealth comes with problems for couple with complex investments

Family Finance helps an affluent couple in Saskatchewan who risks loss of assets and income from complex portfolio



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August 29th, 2010

Virtual bankers want your business

They pay you higher interest, but is it worth making the switch?



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