For cat lovers what could be a better housewarming gift than having a furry feline delivered right to your new home? 🙂 The largest bank in Eastern Europe called Sberbank Rossii is offering this unique service right meow. 😀 For a limited time only anyone who signs up for a mortgage with this lender will be able to choose one from a selection of ten different… Read More »
MICs – Real Estate Investment Through Debt It appears both the real estate and stock markets in Canada are at all time highs 😯 Meanwhile yields on bonds and GICs are still near record lows. 🙁 Even cash is losing its appeal because energy and food prices have pushed the inflation rate to a multi-year high. Which begs the question: Where… Read More »
Apple and Beats The world’s largest company, Apple Inc, has purchased Beats Electronics for $3 billion. Beats by Dre is a popular brand of headphones that sells for $300 a pair. #veryprofitable. As an Apple shareholder I approve of this deal and hope to make lots of money from this strategic move 🙂 I hope consumers are ready… Read More »
What a fantastic game over the weekend 🙂 Our household debt to personal disposable income in Canada is around 163% today. In the U.S. the ratio is only 140%. This ratio is greatly affected by the price of homes. The Canadian housing market has done well since the last recession, but home prices in the U.S. have fallen.… Read More »
The term on my mortgage is up for renewal in a couple of months. I have to decide between fixed or variable. The good news is that interest rates are lower today than when I bought my condo almost 4 years ago so no matter what I choose my monthly payments should become lower. My strategy is to… Read More »
Yesterday I went to the mortgage forum at the Vancouver Convention Center, put on by Canadian Association of Accredited Mortgage Professionals (CAAMP.) They had an educational seminar followed by a meet-and-greet session with mortgage related companies. The whole event was to promote the mortgage industry and get people interested about starting a career in the vast mortgage market.… Read More »