“US mortgage news, interest rate updates, housing market trends, and expert homebuying advice for American borrowers.”
Potential buyers have the option of buying a pre-owned car or buying a brand new car. The choice of a potential buyer depends on his budget, finance options and personal preferences. Buying a pre-owned car is a bit different from walking into a showroom and buying a new automobile. While buying a pre-owned car, some … Read more
“Cursing my eyes… People I’ve seen… Crawlin’ Through Ruin of the American Dream” vacation farm Perhaps the biggest aid to illegal foreclosing parties is the word “mortgage”. The term is widely misused as a synonym for “home loan” in all 50 states. Home loan has come to be known as the term mortgage. But, taking … Read more
More homeowners age 62 and older are starting to take advantage of the many benefits that a reverse mortgage offers them, including the elimination of monthly mortgage payments and access to their home’s equity. Unfortunately, as these loans have become a more popular form of financing, the ways in which older homeowners are being defrauded … Read more
Toronto, Canada – Mortgage rates in Canada have dipped to their lowest levels in 2025, driven by a second consecutive month of weak employment data that has heightened expectations of further Bank of Canada (BoC) rate cuts. The latest Labour Force Survey from Statistics Canada, released September 5, 2025, reported a loss of 65,500 jobs … Read more
You must have heard the saying: there is profit when you buy property. Simple, yet powerful. Unfortunately investors often forget that lesson and end up paying way too much for properties. If I’m going to rehab a property and put together money for that project, it’s important that I know the exact price to pay … Read more
Toronto, Canada – August 31, 2025 – For Canadians navigating the complexities of saving for retirement, a first home, education, or general financial security, registered accounts like the Registered Retirement Savings Plan (RRSP), Tax-Free Savings Account (TFSA), First Home Savings Account (FHSA), and Registered Education Savings Plan (RESP) offer powerful tax advantages. But with contribution … Read more
standard variable rate mortgage Standard Variable Rate or SVR is a type of mortgage where the interest rate can change, influenced by the Bank of England’s base rate. Each bank sets its own standard variable interest rate which is usually a few percentage points above the Bank of England’s base rate. SVRs are one of … Read more
Canada’s Top Indigenous Bank Raises Funds as Loan Demand Grows Saskatoon, SK – August 13, 2025 – First Nations Bank of Canada (FNBC), the country’s leading Indigenous-owned financial institution, has launched a significant equity raise of up to C$50 million ($36 million) to meet growing demand for loans from Indigenous businesses, governments, and communities. The … Read more
Some say inflation is good. The capital of your mortgage is eroded, for example the value of your home goes up! This is an argument for an interest-only mortgage, which advisors do not recommend. If no capital is paid then the repayment is very low. Take an extreme example – 35 years ago I arranged … Read more
Lunenburg, NS – August 22, 2025 – In a significant step to address the housing crisis impacting health-care recruitment, the Nova Scotia government has opened the first phase of a dedicated housing project for health-care workers in the South Shore. The initiative, centered at the former Wheelhouse Motel in Lunenburg, aims to alleviate the region’s … Read more