Equitable Bank Mortgage Renewal + MORE Oct 30th

Think that house in the suburbs is cheaper than the house in the city? Not so fast, argues a new report by Sustainable Prosperity, a national research and policy network, based at the University of Ottawa.
Researchers estimate suburban households drive roughly three times as much as families close to the city centre resulting in hefty car ownership and fuel expenses. Eliminating one car from a Calgary household’s bills for instance could net $10,000 a year. Multiply that over the life of a mortgage and suddenly that home in the ‘burbs costs hundreds of thousands of dollars more than the sticker price suggests. Home buyers should consider the costs of more than just propriety at time of purchase,” the report authors said.
MoneySense followed two families last year to explore the benefits and pitfalls of suburban and city life. Miles apart: suburbs vs. city is a great read if you’re considering a move yourself.
Urban sprawl also gives rise to a host of other socio-economic issues, as illustrated by this infographic created by Jack Dylan of Point Blank Creative for Sustainable Prosperity…

If you’re an investor in a publicly traded mortgage investment corporation (MIC), there are changes on the horizon that could impact your investment. They range from new regulatory restrictions to…

Do you have an upcoming Equitable Bank Mortgage renewal?
If the answer is yes, we can often help you obtain better rates and terms for your renewal with Equitable Bank than they are offering you on your renewal paperwork.  We are a high volume funder with Equitable Bank and are able to work with the lender on your behalf to help you obtain better rates and terms for your mortgage renewal.  So, your first question might be “what is the catch?” and this is a great question, fortunately I have an even better answer.  Simply put there is no catch, the only paperwork required from you is for you to sign a client authorization form that lets us speak with Equitable on your behalf.  Once we receive that form from you we are able to use our strong relationship with the lender to negotiate a better renewal deal for you!
I have included a recent Equitable Bank mortgage renewal client example below:

Three year mortgage rate offered by Equitable to the client: 4.90%
Once our client completed the authorization form and we were able to work with Equitable we were able to negotiate an early renewal rate of: 4…

Every week, I get dozens of press releases from media professionals across the country looking to have their story featured on MoneySense.ca. Some are about new products, others are about upcoming events but the vast majority are findings from some survey or other. I pay most attention to the ones that cast the spotlight on some piece of information that you, dear reader, may find helpful on your personal journey to financial independence. This week however a press release on the topic of love and money caught my eye and entirely for selfish reasons: I’m getting hitched in 6 weeks.
TD Canada Trust surveyed adults in committed relationships and found 79% of Canadian couples have joint finances; no surprise there. But here’s where it gets interesting, well for me anyway. The top three personal finance products that Canadians combine with their partner are a joint bank account (64%), a mortgage (60%) and a joint credit card (50%), the bank found. Looks like my husband-to-be and I are taking the road less travelled…