Tag: mortgage

5 Tips to Raise Your Credit Score

The higher your credit scores, the better shot you have of getting a loan or credit card application approved. Improving your credit scores takes time, but it can be done. Check your reports for accuracy. Financial columnist Liz Weston, author of “Your Credit Score,” says to look for credit cards or other accounts that aren’t […]

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New mortgage rules

I thought I would help summarize the most recent changes in mortgage rules. There has been plenty of discussion: The Federal Government announced this morning four new clampdowns on insured mortgages that will quickly come into effect on Monday, July 9th, 2012. These changes include: Reducing the maximum amortization period to 25 years from 30 […]

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TD – Weekly Bottom Line

Highlights: • While most major currencies appreciated against the greenback this week, the Canadian dollar remained largely unchanged from at U.S. $0.97. Some of this underperformance can be explained by market expectations that the pace of the Canadian economic recovery has begun to wane • This view was supported in the data released this week […]

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Higher interest rates on way, Carney warns.

March 25, 2010 Les Whittington Bank of Canada Governor Mark Carney prepares to testify before the Commons finance committee on Parliament Hill in Ottawa. (Oct. 27, 2009) CHRIS WATTIE/REUTERS OTTAWA–Bank of Canada Governor Mark Carney has put Canadians on notice that today’s rock-bottom borrowing costs are likely headed upwards by midsummer – if not sooner. […]

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