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Getting the Most Out of Your Biweekly Paycheck Aug 9th
No matter what kind of work we do, we all look forward to the next paycheck. For many of us, the anticipation unfortunately stems from the fact that we get paid bi-weekly, or twice a month, even though our bills come monthly.
Over 36 percent of U.S. private businesses pay their employees every two w.... More »
Small Business Ideas for Children Who Want to Be Life-time Savers + MORE Feb 26th
Teaching your child how to handle money is a basic part of being a parent in today’s society. There are many ways you can approach introducing your child to financial responsibility. One way, is to show them how to set up their own business!
A child can learn how to work hard, make money, and save.... More »
CIBC kicks off bank results with dividend hike, beats expectations + MORE Feb 22nd
First-quarter net earnings slip to $1.32-billion from $1.4-billion a year earlier
.... More »
Having a will is essential (and easier than you think) + MORE Jun 18th
Writing a will is one of those things that tends to sit on your to-do list indefinitely, right up there with organizing old paperwork or finally cleaning out the basement. You know it matters and that you’ll get to it eventually, but it never seems to make it to the top of the priority list.
.... More »
Greece on the cheap? Few travel deals yet amid the financial ruins + MORE Jul 11th
Canadians hoping to see Greece for a song aren't likely to find cheap flights to the cash-strapped country just yet. Agents say there's little room to bargain during peak season. But that could change, quickly..... More »
US regulator of Fannie, Freddie says agency won’t reduce limits on loans they can purchase
– canadianbusiness.com
WASHINGTON – The regulator overseeing government-controlled mortgage giants Fannie Mae and Freddie Mac has announced a policy that could make more loan money available to borrowers.
Mel Watt, the director of the Federal Housing Finance Agency, said Tuesday in his first public speech that the agency will not reduce current limits on amounts of mortgages that Fannie and Freddie can purchase. The decision was based on concern that a reduction could negatively affect the health of the $10 trillion housing-finance market, he said.
Watt’s predecessor, Edward DeMarco, had floated the idea of reducing the maximum loan limits.
The government rescued Fannie and Freddie during the financial crisis in 2008. They received total taxpayer aid of $187 billion, which they have since returned. The companies finance about 60 per cent of U.S. mortgages issued.
The post US regulator of Fannie, Freddie says agency won’t reduce limits on loans they can purchase appeared first on Canadian Business.
Mel Watt, the director of the Federal Housing Finance Agency, said Tuesday in his first public speech that the agency will not reduce current limits on amounts of mortgages that Fannie and Freddie can purchase. The decision was based on concern that a reduction could negatively affect the health of the $10 trillion housing-finance market, he said.
Watt’s predecessor, Edward DeMarco, had floated the idea of reducing the maximum loan limits.
The government rescued Fannie and Freddie during the financial crisis in 2008. They received total taxpayer aid of $187 billion, which they have since returned. The companies finance about 60 per cent of U.S. mortgages issued.
The post US regulator of Fannie, Freddie says agency won’t reduce limits on loans they can purchase appeared first on Canadian Business.
60 days – 1.55%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
120 days – 1.70%
– ratesupermarket.ca
This GIC rate is offered by Oaken Financial and was updated on 2013-11-28. Click on the link above to get more details or apply online.
5.5 year – 2.80%
– ratesupermarket.ca
This GIC rate is offered by DUCA Financial Services and was updated on 2014-03-11. Click on the link above to get more details or apply online.
AGF hires new CIO to oversee expansion push
– theglobeandmail.com
Asset manager hires new investment head to lead global, institutional growth effort
