sakvoyaj

Housing solutions

Mortgage rates will continue to remain near lows for the year ahead, while home prices are expected to remain flat, the Mortgage Bankers Association’s chief economist said on Tuesday. And both are expected do little to inspire anyone to buy a home. ... Read >

Lock Your Rate

A lender may lock without a particular requirement being fulfilled but make that requirement a condition for the lock being retained. Hence, the list of conditions for retaining a lock is the same as the list of requirements to lock enumerated above. L... Read >

Ratatouille, but Italian: Peperonata

The difference? You add a few potatoes and zucchini and the balance leans toward peppers. The rest is about the same. A rustic dish of eggplant, peppers, tomatoes, onions, potatoes, zucchini, and garlic. With a whole bunch of olive oil and minimal spices.... Read >

Best Gluten-Free, Dairy-Free Carrot Cake with Maple-Cashew Cream Cheese

I made the cake perfectly so that no one would be able to tell it was gluten-free. Bonnie Stern’s recipe was great, and the flour substitutions were undetectable. But the cream cheese is where it got interesting. I had heard from raw foodists that the bes... Read >

Prepaid Landscape

The size of the prepaid market is open to debate. The Federal Reserve 2007 Electronic Payments Study estimated that open-loop prepaid transactions totaled $13.3 billion in 2006, and prepaid transactions as a whole totaled $49.9 billion, compared with $1.9... Read >

Refinance

Low mortgage rates have some homeowners considering refinancing, even if it has been less than a year since they last refinanced or bought their home. Rates have been hovering near all-time lows, with the 30-year fixed-rate mortgage averaging below 4.2... Read >

Refinancing

With mortgage rates falling to record lows this summer and the housing market showing signs of a pulse, refinancing activity is perking up. It’s too bad that so many people are relying on oversimplified advice and bad numbers to decide when to pull the... Read >

Second Recession Fears

After a summer of discontent for the economy, September indicators so far are helping to allay fears of a coming second recession. Encouraging signals from China in the past few weeks, a rebound in commodity prices and equity markets, and better data i... Read >

Financial Overhaul

The financial overhaul is about more than exotic derivatives and complex risk assessments. It will change how you interact with the financial system every day, from swiping your debit card at the store to applying for a mortgage. That includes new rule... Read >

Canada Inflation Rate

Not too hot, not too cold â€" Canada's inflation rate is about where Bank of Canada governor Mark Carney would want it leading into his next big decision on interest rates. Statistics Canada reported Tuesday that annualized inflation dipped four-tenths... Read >

Housing Market

The Canadian housing market gets a few indicators in the coming week, following this past week's warning from the Canadian Real Estate Association that the residential real estate sector will see a slowdown this year and next. On Tuesday, Canada Mortga... Read >

Decline Of Commercial Loan

This article highlights the five primary reasons that banks decline commercial loan applications. The reasons provided below do not represent obscure issues, so it is likely that two or three of the reasons described will be important for typical commerci... Read >

Tax Deductible Mortgage

The way that mortgages are treated in the Canadian tax code is slightly different than in the U.S. One main difference is that the interest on a mortgage for a principal private residence in Canada is not tax deductible. However, no taxes are payable o... Read >

Profitable Sector In Canadian Economy

A study by the Canadian Auto Workers shows that Canada's three automakers were successful financially almost every year for the past 35 years until a gradual and ultimately marked loss of market share brought the industry to the brink of collapse as recen... Read >

New Mortgage Rules

Frank and Susan Williams bought a house near Hamilton, Ont., this month, they followed a time-honoured tradition of using leveraged financing. With mortgage insurance they only had to put down 5% of the $270,000 purchase price. They went with a closed ... Read >