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by Jeremy
How Obama’s re-election and the fiscal cliff could impact real estate and mortgage rates. Now that Barack Obama has been re-elected and political gridlock continues in the US, there’s real worry that Washington won’t be able to reach a budget deal to avoid the fiscal cliff. The cliff refers to more than $600 billion in spending cuts and tax hikes that are due to automatically take effect on January 1st. Now, it’s true that such dramatic cuts and tax increases would slash the 2013 US deficit, chopping it roughly in half to $641 billion. But economists warn that this benefit would be vastly outweighed by…
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Posted by Jeremy
The Bank of Canada remains committed to the status quo as global headwinds continue to restrain economic activity.…
Posted by Jeremy
I read an article yesterday about windowless bedrooms and how they don’t pose a safety threat. “Windowless bedrooms…
Posted by Jeremy
I came across an excellent post earlier this morning and had to share. My favorite sentence “When you…
Posted by Jeremy
Why it pays to do your homework before you get a mortgage. Aside from being the biggest financial…
Posted by Jeremy
At 10:00 am EST, Wednesday March 6th, 2013, the Bank of Canada again did what we expected them…
Posted by Jeremy
And so it begins… Effective September 4, 2012 National Bank is implementing the new Home Equity Line of…
Posted by Jeremy
Canada’s banking system has been the subject of international praise from economists grappling with global turmoil, but one…
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My friend Nathan is a tax accountant and he is great at looking at things objectively. Last week…
Posted by Jeremy
In the past, financial institutions would not provide borrowers with the complex formulas and examples needed to accurately…
Posted by Jeremy
Canada’s largest bank has laidoff 45 Canadian workers and will be replacing them with foreign workers. “Dozens of…
Posted by Jeremy
Aside from any extra weight they may or may not gained over the holidays, most people also gain…
Posted by Jeremy
Most of us can’t rely on lotteries or inheritances for wealth. But we CAN observe how wealthy people…