Everything You Need To Know About Porting A Mortgage In Canada: The Saturday Weekend Review #241

IT’S WORTH KNOWING THE INS AND OUTS OF YOUR MORTGAGE   It’s true and certainly something to always be mindful of, “It’s not about how much money you make, it’s how you save it.” When it comes to porting a mortgage in Canada, there are some things like interest rates that you need to factor into the equation, and we will cover these in detail in this article. Homeowners in Canada, and potential homeowners are faced with many important questions when it comes to mortgages. We are living through interesting times with respect to interest rates. The Fed is expected to raise rates further before the end of 2017, the Bank of England is clearly on a similar trajectory, and in time the European Central Bank will move away from quantitative easing towards quantitative tightening. What does this mean for mortgage holders around the world?   The Canadian Economic Scene   In Canada, the current bank rate is 1%. The BOC (Bank of Canada) decided to maintain the overnight rates when it met on Wednesday, 21 October 2017. The Bank of Canada forecasts that inflation will hit 2% by Q2 2018, later than economists projected. In 2017, real GDP grew […]

Important Tips To Protect Yourself From A Roofer Scam Artist

IT’S SO EASY TO GET CAUGHT UP WITH THE COSTS OF LARGE RENOVATIONS THAT IT’S SIMPLE TO MISS THE SIGNS OF A SCAM ARTIST.   When we bought our current home in 2009 we knew that we would have to put a new roof on with-in a year or two as it was the original. By the time we got the keys to our new home the roof was already 15 years old and the 20 year builder grade shingles had seen better days. The average cost to install a roof on a 1500 square-foot home in our area is between $6000-$8000 dollars. How long would it take you to earn and save thousands of dollars? You wouldn’t want to see your hard-earned money walk away but for many unsuspecting homeowners a roofer scam artist can take them to the cleaners. If you’ve been scammed by the roofer scam you’ll know how it feels to lose a big chunk of money or be left with significant repairs or damage by an unskilled roofer. Not all home insurance policies will cover roofer scam artists let alone their shady work. Always read the fine print on your home insurance policy and if […]

In 1 Minute This 10-year-old Educated The World About Materialism : The Saturday Weekend Review #184

NO ONE WILL REMEMBER THE NAME BRANDS YOU WEAR BUT THEY WILL REMEMBER THE TYPE OF PERSON YOU ARE.   I took one minute out of my evening to watch a wise 10-year-old kid teach everyone around the world why America is addicted to materialism and what matters the most. The thing is, it’s not just American’s who have a problem with spending more than they earn, it’s a world-wide dilemma. Some say the next generation is going to hell in a handbag but I beg to differ because logic doesn’t skip over everyone and all it takes is one person to build an army of people who believes in him/her.   Wear what you like   What’s incredible here is that a 10 year-old boy has such a powerful message to deliver that I’m betting most adults wouldn’t dare take on. It’s easy to warm up to this kid and want to listen to him because it’s clear he’s confident and in charge of the situation. It doesn’t matter if you wear Jordans, Vans, Nike, Fila or Joe Fresh what matters is that you wear what you like. If you’re looking for your next president we should keep an […]

%d bloggers like this: