10. 03. 2017

The Architecture of a Real Estate Bubble

To understand the business cycle and how it effects the prices of goods, assets even labour prices and the unemployment rate is an important skill. So much of the mystery of economics becomes...

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21. 09. 2016

Banks Return to Criminal Ways

The Bank/Client relationship is a human one, built through trust. Without trust, people cannot assure themselves that their hard-earned money and private information that they divulge will be secure from potential unscrupulous acts...

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29. 03. 2015

Showdown over Asia Infrastructure Investment Bank

The United States and China have been battling for influence in a wide range of fronts, from economic to political spheres in various parts of the world.  But, this new financial institution proposed...

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31. 08. 2014

England: New Mortgage Rules Create Farcical Situations

Former Bank of Canada Governor Mark Carney started a similar position at the Bank of England in July 2013 with hopes he could bring the same kind of stability he provided to Canada, to...

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03. 01. 2014

U.S. Mortgage Lending Practices Formalized

Lenders in the United States have already begun using stricter guidelines to issue mortgages than they had been before the 2007 troubles of the housing industry became international news.  Now, the 2010 Dodd–Frank...

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06. 09. 2013

Where are Interest Rates Headed?

On Wednesday, the Bank of Canada released its target statement for the benchmark overnight interest rate. While it said they would continue to maintain it at 1%, the tone of the statement seemed to...

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25. 08. 2013

Home Equity Loans Begin to Grow in U.S. Housing Market

Well, I guess it was inevitable.  When I first heard the news I was a little let down, but I can’t fault the banks, lending is their business, and I suppose they need...

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07. 08. 2013

CMHC Caps Mortgage Guarantees

I will hand it to the government of Canada, they know how to time the release of bad news. Last year at this time while the real estate market was hot and prices...

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02. 05. 2013

Stephen Poloz Great Choice For Next Governor of the Bank of Canada

The Bank of Canada is the nation’s central bank that sets policy such as the key overnight interest rate to control Canada’s inflation, which in turn effects the mortgage rates of consumers and the...

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29. 03. 2013

Valuable Fraud Prevention Tips for Homebuyers and Homeowners: Part 2

March is Fraud Prevention Month. Canada Mortgage and Housing Corporation (CMHC) has consistently been a leader in the fight against mortgage fraud and offers the following tips to protect yourself against becoming a...

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