Case Study #1
Through a totally unrelated piece of business i happened to be talking to a client who told me that they wanted to… 342 more words
Exchanging one form of debt for another is a fatal financial decision. You cannot borrow your way out of debt, period.
I just heard another commercial from an area mortgage lender encouraging home owners to refinance their homes and take out equity to payoff credit card debt.267 more words
The Fraser Institute recently pointed out that Canadian personal debt is at an all time high. Mortgage debt alone is $1.23 trillion.
While that number is likely accurate, the issue of debt is a complex one and the insinuation that a high number is bad can be misleading. 514 more words
Statistics Canada regularly publishes the ratio of total household debt to disposable income. Since this ratio has been steadily rising, its publication alarms and reminds Canadians the extent to which they are in debt relative to their incomes available for spending and saving. 1,399 more words
A number of mortgage brokers who are accused of committing fraud to secure home loans for customers in Ontario are still actively operating, says the head of the lending company that extended them the money. 582 more words
The country’s closely watched housing market continued its strong upward climb in June, with average prices marching 9.6 per cent higher led by – surprise – gains in Vancouver and Toronto. 232 more words
By Addison Quale – Re-Blogged From http://www.Silver-Phoenix500.com
The federal government can’t seem to help itself. After overseeing the inflating and bursting of the dot-com bubble in the 1990s and the subprime mortgage bubble in the 2000s, the United States government is at it again – this time in the area of student loans. 876 more words