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by Jeremy
A report by TransUnion released this week, shows that Canadians are getting better at paying down their debts on time. The numbers show that a shrinking number of debt payments are overdue by 90 days or more; overall delinquency rates are at 2.58% (for non-mortgage debts), which is down from 2.69% last year. However, the amount of debt Canadians hold is up, but just slightly. Average consumer debt rose just $148 on average from last year, sitting at about $21,028. Lines of credit, including credit cards and car loans, accounting for 35% of all non-mortgage consumer debt. Experts say this new data proves that Canadians…
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Posted by Jeremy
A lot of fraud and scams have had a presence in our city and the media lately, so…
Posted by Jeremy
For some people, getting out of a mortgage early is a realistic option, especially if they are doing…
Posted by Jeremy
Genworth Canada reported this week that cases of mortgage fraud are down in Canada, thanks largely in part…
Posted by Jeremy
With all the news about natural disasters and failed home insurance claims making the news lately, now is…
Posted by Jeremy
A big announcement came from CMHC this week, that will reap big rewards for a lot of homeowners…
Posted by Jeremy
Good morning, As you know, your variable rate mortgage, line of credit and/or student loans are all based…
Posted by Jeremy
In case you missed all the buzz about it this morning, the Bank of Canada has cut their…
Posted by Jeremy
Anytime you apply for a credit product (mortgage, car loan, credit card, etc.), your lender is required to…
Posted by Jeremy
Calgary Stampede 2015 officially kicks off tomorrow right after the Stampede parade, which means 10 days of parties,…
Posted by Jeremy
You’ve probably heard a lot of tips on credit fraud, but are you paying attention to the risk…
Posted by Jeremy
The Canadian Association of Accredited Mortgage Professionals (CAAMP) recently released their spring market survey, which provides a lot…
Posted by Jeremy
According to Insurance Bureau of Canada (IBC), half of Canadians want to better understand home insurance. Further to…
