Afraid to Leave your bank for a Better Rate?

The Financial post

Consumers are more aggressive shopping for a mortgage when purchasing their first home, then upon renewal.See full story on this topic »

CREA urges caution over more mortgage rule changes – The Globe and Mail

“This is not arithmetically predictable, precisely,” Mr. Flaherty said when he made the changes. “We expect some moderation in the market. We’re taking these steps in any event now because of our concern about higher interest rates down the road.”

CREA urges caution over more mortgage rule changes – The Globe and Mail

Metro Seattle homes weighed by negative equity

The latest U.S. housing figures show that 34.3 per cent of all single-family homes in the Seattle area are negative equity mortgages where the home is worth less than the amount owing on the mortgage, according to Zillow.com, an online real estate database and marketplace.

Read more: http://www.canada.com/business/Metro+Seattle+homes+weighed+negative+equity/4278746/story.html#ixzz1E34U2rRY

Metro Seattle homes weighed by negative equity

Nine signs you can’t afford your mortgage

The Globe and Mail- While plenty of individuals live from paycheque to paycheque, most consumers know they should be saving money and reducing debt. The recession has drummed that concept into everyone’s head as people have watched their neighbours and friends lose jobs and sometimes their home. Many people say that money worries keep them awake at night, but that doesn’t necessarily translate to imminent bankruptcy. How do you know when you are truly teetering on the edge of a financial disaster versus simply needing to do a little belt-tightening…?

Nine signs you can’t afford your mortgage – The Globe and Mail

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