Monthly Archives: October 2012

Why the New Mortgage Rules are not all Bad News for Canadian Investors

Earlier this year on July 9th, Finance Minister, Jim Flaherty announced new changes to the mortgage rules. The new measures included shortened amortization periods (30 to 25 years), lowering the maximum amount Canadians could borrow against their home when refinancing (85 to 80 percent), fixing the maximum gross debt service ratio (39 percent) and limiting government backed insured mortgages on ...

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Meet Financial Demands with Payday Loans

The average adult faces a whole lot of demands—demands on their time, their attention, and most of all,their wallet. You have bills to pay, people to interact with, studies to do, projects to accomplish, and the list goes on. The list of all the things you have to care about and pay attention to can start to grow longer and ...

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How Crucial Are Projections When House Flipping?

Making good cost projections is integral to your success as a house flipper. When you don’t predict your numbers accurately, you run a major risk of loss on your investment and the loss of your investor’s money as well. For me, predicting accurate costs are so important to my house flipping business, as they predict all my profits and losses ...

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