It’s Financial Literacy Month Nov 10th

Obtaining a mortgage or secured line of credit in Canada at the best rates is often a daunting task. We can help! Read the articles below for more info.
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House rich: How to access the equity in your home Nov 16th

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Optimism Returns to the Markets. Could Fixed Rates Start to Rise? Nov 13th

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“Should we refinance our mortgage?” Nov 19th

Q. We’re thinking about breaking our existing home mortgage to take advantage of the low interest rates we’re seeing now, and would appreciate some guidance. This is our scenario: Mortgage principal: $572,000 Weekly payments: $746.00 Interest rate: 3.78% fixed and locked in until December  2023.... More »

It’s Financial Literacy Month

– canadamortgagenews.ca

It’s Financial Literacy Month

We’re celebrating Financial Literacy Month!

Join Senior Economist, Ted Tsiakopoulos and Mortgage Broker, Steve Garganis Thursday, Nov 12, 2020, at 1:00 PM Eastern Time for a chat about budgets, savings, debt, and more.

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Register Now: https://buff.ly/3lhmUl3

Hot Topics:

Interest Rates, Savings, Debt and Budgeting trendsGood debt vs bad debt: How debt affects the economy, housing prices and financial stabilityBankruptcy vs Consumer Proposal.Bank of Canada interest rate policy now till 2023 – Risks??Why the second line of defence (macroprudential policies) is necessary despite the recent rise in savingsWhere does the problem lie? Disaggregating debt to asset ratio by age and incomeTrends in financial literacyDisruptions coming post-COVID & importance of financial literacy & skills

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