Blog
The Bond Market and Fixed Income Yields - How Does it Really Work?
2011-10-20 | 07:10:02
The first thing we need to understand about the bond market is the concept of “yield”. The yield of a bond is the income, the earning, the profit – the reason why an investor would invest. With a bond, yield is a function two things...
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Borrow for Christmas, then we'll help you Consolidate from Christmas Borrowing!
2011-01-19 | 17:32:24
So, unfortunately I didn't take a picture before the holidays of this local credit union sign - but it did read "Need Money for Christmas - come see us!" Obviously promoting taking out a line of credit or loan and thus borrowing for holiday...
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Government of Canada Changes Mortgage Rules (again)
2011-01-17 | 06:13:00
Mortgage rules change again... The maximum amortization for insured mortgages will be reduced to 30 years. The maximum amount you can borrow to re-finance your home will change to 85% loan to value. The changes only affect insured (CMHC) mortgages...
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Don Cherry knows a lot about a lot of things, but not mortgages...
2010-11-29 | 19:43:25
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