The “5 by 5” (5 ans fixe - Renew a fixed five year mortgage five times) mortgage strategy is the most commonly employed strategy in Canada (but not in the rest of the developed world ).
a lot of people believe that all mortgages are modeled the same way (five year fixed term) and that their [...]
Posts on ‘July 23rd, 2006’
The “5 By 5″ (Renew A Fixed Five Year Mortgage Five Times) Mortgage Strategy (Pret Hypothecaire)
A Few Advantages of Home Equity Loans and Lines of Credit
There are several reasons why your home is a good source of funding. These are outlined below. However, we must caution that home equity loans and lines of credit are secured by your home. If you default, you are at risk of losing your home to foreclosure and reposession. So, it is vital that you [...]
Currency Trading … Don’t Get Scammed
As with all things in this life currency trading has its scams. The Latin saying “Caveat Emptor” (buyer beware) should be your mantra when currency trading. The US Commodity Futures Trading Commission (CFTC) which loosely regulates foreign exchange markets has noted an increase in questionable activity in non-bank foreign exchange industry. A currency [...]
4 Credit Card Debt Tips for Keeping (and Staying) Out of Debt - Part I
When you have credit card debt that is affecting your life and your financial situation, credit card debt tips can be something that can help you out a whole lot.
It does not matter how much you owe on your credit card debts – you should seek any information you can about keeping, maintaining and/or reducing [...]