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The Unusual Mortgage; What some People do with their Mortgage that you don’t!
John was an average home owner. He went to the bank with very little money, a modest job, and requested the money to get a mortgage. He was approved with some effort, and he decided on a mortgage with the following details. Down Payment: 5% of the purchase price. Mortgage Rate: 5 year variable rate [...]
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Know Your Mortgage; Why you should Learn about Mortgages
Rick is a looking for a house and he doesn’t know where to start, so while looking through his local newspaper, he came across a few real estate listing ads and some details on a few real estate agents. After considering for some time, he decided to look into purchasing a home to call his [...]
Post from: Top Home Mortgage Loan NewsKnow Your Mortgage; Why you should Learn about Mortgages
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Increase your Homes Resale Value without spending a Dollar
Many people jam in thousands and thousands of dollars into their home in order to try to increase the value in their properties. Many buy new bathrooms, kitchens, additions, and other expensive home renovations; however, is there a way to increase your properties resale value without spending a lot of money. Their is several ways [...]
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Variable Rate Mortgages are not Very Scary at all
When most people think of a variable rate mortgage, they think of their payments increasing double or triple or more. They see a vision of not being able to pay their bills, and interest rates that are huge even if they are very low right now. Many people with a mortgage would prefer to have [...]
Post from: Top Home Mortgage Loan NewsVariable Rate Mortgages are not Very Scary at all
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Top 10 Worst Credit Card Mistakes
Your email: Getting too many credit cards Misunderstanding introductory credit card rates Not reading the fine print on the credit card documents Selecting a Credit Card for the wrong reasons or without thinking about it Not looking for the lowest interest rates on your credit card Only making the minimum credit card payments Missing your [...]
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How to Live off of Investment Income Only
In 1930, if you had invested $50, today you would have over $10,000 dollars. This money would have grown over 200 times the initial investment amount over the past 80 years. This shows that even with a little bit of money, investments can pay off greatly in the long run. The question is how can [...]
Post from: Top Home Mortgage Loan NewsHow to Live off of Investment Income Only
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The Age of Austerity; Sticking you with the Banker’s Bill
Last weekend, the G20 met in Toronto to discuss financial decisions for many of the world’s most financially influential nations. The decisions that came from this meeting were to cut in half the deficits of the G20 nations. Initially, the excess spending was to get out of the banker’s recession, but now the governments need [...]
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Happy HST Day! Today HST is in Effect
Happy Canada Day! For our friends in Ontario and British Columbia, today you will enjoy a higher tax on many goods and services. The first noticeable impact you will notice is gas and energy prices. Today, you will notice that gas prices have increased almost ten cents! This isn’t just at the gas pumps, but [...]
Post from: Top Home Mortgage Loan NewsHappy HST Day! Today HST is in Effect
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Mortgage Interest Rates; Slowly on the Rise
Mortgage rates have been moving up in recent months; however, it does not seem like they are going up very quickly. The mortgage market has declined quite substantially in recent weeks, and the reason is not even due to increasing interest rates. The reason everyone is moving away from the market is affordability and house [...]
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