Should you get a 30-year mortgage? + MORE Feb 25th

There are more investment options in Canada than you can shake a stick at! Stay on top of the best returns right here.

Latest News

Musk's SpaceX prices record $75 billion IPO at $135 a share - Reuters + MORE Jun 11th

Musk's SpaceX prices record $75 billion IPO at $135 a share ReutersElon Musk's SpaceX valued at nearly $1.8tn ahead of record share sale BBCFriday's big stock stories: What’s likely to move the market in the next trading session CNBCSpaceX IPO Draws More Than $100 .... More »

Sobeys/FreshCo parent company, Empire reports earnings + MORE Sep 13th

Empire Co. Ltd. is planning for sunnier economic times on the horizon, as the parent company of Sobeys says it’s continuing to see the sales gap between its discount and full-service stores narrow. The company’s growing FreshCo discount banner has been a “home run” for Empire, said pres.... More »

Adidas unsure what to do with €1.2bn Yeezy goods - BBC Mar 9th

Adidas unsure what to do with €1.2bn Yeezy goods BBCAdidas earnings take beating on breakup with Kanye West CTV NewsAdidas CEO Floats Idea of Selling Yeezy Gear, Donating Profit BNN BloombergAdidas still weighing what to do with huge inventory of Kanye West’s Yee.... More »

N.B. wants to sell its stock of American alcohol removed in anti-Trump protest Oct 11th

FREDERICTON - The New Brunswick Liquor Corporation says it wants to sell the remaining $3.4 million worth of American alcohol removed from store shelves in protest of the policies of U.S. President Donald Trump..... More »

How to cope with the RRSP-to-RRIF deadline in your early 70s + MORE Mar 21st

As I wrote in my previous column on Fred Vettese’s PERC, I’ve reached the age when my registered retirement savings plan (RRSP) will soon have to be converted to a registered retirement income fund (RRIF) and/or annuitized. I turn 71 in early April, which means I have until the end of December 2.... More »

EU says "Putin must and will fail" as it agrees new sanctions – Reuters

– news.google.ca

EU says “Putin must and will fail” as it agrees new sanctions ReutersLithuania declares state of emergency after Russia invades Ukraine CP24 Toronto’s Breaking NewsRussia attacks Ukraine: World reacts in outrage CTV NewsLatvia’s PM says Putin and his regime need to be isolated from the world National PostEU Sanctions Plan to Limit Russia’s Access to Financial Markets BNNView Full coverage on Google News

Continue Reading On Articles »

Should you get a 30-year mortgage?

– moneysense.ca

Signing a 30-year mortgage in Canada can be an attractive option for some home buyers in the face of relentless real estate prices.

In the city of Toronto, the average selling price for all home types reached $1.07 million in January 2022, according to figures from the Toronto Regional Real Estate Board. In Vancouver, the benchmark price for all properties jumped to $1.25 million, an 18% increase from the year before, according to the Real Estate Board of Greater Vancouver.

You’re 2 minutes away from getting the best mortgage rates in CanadaAnswer a few quick questions to get a personalized rate quoteI’m buying a homeI’m renewing/refinancingYou will be leaving MoneySense. Just close the tab to return.

With prices like these, many buyers face mortgage payments that exceed what they can comfortably afford, even with a 25-year mortgage. By taking out a 30-year mortgage, buyers can stretch the limits of what they’re able to qualify for and create some extra wiggle room in their budget through smaller mortgage payments…

Continue Reading On moneysense.ca »

Why not follow our RSS feed to keep in sync with the latest Canadian Investment news?

Share