Archive for the 'Mortgage' Category
Toronto Real Estate: Opportunity Knocks!!
December 19th, 2008 categories: Mortgage
There are some great opportunities in the Toronto Home Market right now. Here is a great thought from my favourite Mortgage Broker, David Smith of Oriana Financial. Read the rest of this entry »
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Toronto Real Estate: Love Your Mortgage Broker!
December 19th, 2008 categories: Mortgage
Over the years of my buying and selling, and that of my clients, I have established a very strong rapport with my Mortgage Broker. I can count on him to give me good advice, be conservative when I am on a flight of fancy, or feed me the realism that an insecure cockeyed optimist needs when I get down about my personal market exposure.
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Mortgages and The United States Economy…
October 13th, 2008 categories: Mortgage
There is a Big Cow (not an Elephant) in the room when any discussion takes place about the US and its present credit crisis. Neither the Democrats nor the Republicans will touch this Holy Cow; Mortgage Interest Deductibility.
At its conception in the early 1900’s it was a great boon for a young growing economy but what it has created is a Society that has flourished on great amounts of debt.
A Canadian will proudly tell you that their Mortgage is paid off, an American will look at the Canadian and wonder why they would do something so foolish. Why not use the equity to buy something else until there is no more equity left, just debt. Sadly, the Bush Government has been running the Country the same way. Read the rest of this entry »
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