Tag: debt

Lenders basically use two rules to determine the mortgage you are eligible to be funded to receive.

Debt consolidation or a Mortgage Refinance can cost effectively remove debt, and can make the financing of your future projects that much easier.

A recent poll done by CIBC and Harris/Decima has found that 59% of Canadian retirees are still in debt. Worse yet, the poll finds that 55% of people that carry debt into retirement have seen their debt levels either increase or remain unchanged over the past year. As you can imagine, it only becomes more …

Credit score is one of the major players in determining the amount of financing and interest rate you are eligible to receive. Credit history proves to lenders how reliable you are when granted funds. Leading up to your mortgage application, there are six, quite simple steps you can take to help improve your credit rating. …

Common Mistakes Couples Make when Dealing with Money “I work all night, I work all day, to pay the bills I have to pay,” sings Abba in their famed hit Money, Money, Money – it’s a rich man’s world. For the majority of couples who didn’t find their “wealthy man”, money is a weighty issue, …

Money can’t buy you love, but a large shortfall of it sure seems to have an effect in destroying it. Money troubles are consistently one of the chief factors associated with divorce and the number one reason couples state they bicker. That said, is it a good idea to openly enter into a marriage contract …

Officials in Ottawa are warning that they could further restrict mortgage availability in an effort to cut down on rising debt levels across the country.

Extract: Government officials are now meeting with Bay Street banks to try and come up with new ways to drive down persistent high levels of consumer debt.

While low Canadian interest rates have been helpful for those looking to buy a home, the Globe and Mail reports that they are also making it difficult for those getting ready to retire.