Blog by DOINA BIOLAN B.Comm

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Bank of Canada cuts growth forecast, warns again of higher rates

April 17th, 2013
OTTAWA (Reuters) - The Bank of Canada on Wednesday chopped its economic growth forecast for the country and left interest rates unchanged but still insisted the next move in interest rates would likely be a hike. In the last Monetary Policy Report before Governor Mark Carney leaves for the Bank of England, the Bank of Canada sharply downgraded growth expectations for the first and ...

FIX YOUR CREDIT BEFORE BUYING

April 9th, 2013
Credit key when house hunting Make sure your score is in order before you set out to find a new home The rate of return on your bond, can be read through a yield curve, If the increase in bond yield continues to go up, the spread will continue to shrink and this could be a trigger for interest rates to rise.  The comfort zone is between 1.90 and 2.10   Winter can seem like an eterni ...

DANCING WITH THE STARS

April 9th, 2013
As it stands right now, Zendaya is my favorite star from" Dancing with the stars". But the performance that Derek Hough had today with the blind 17 year old Braelyn was breathtaking. So much determination, beauty, soul...so much light in her movements..is was like angels were telling her how to move. I had tears in my eyes and i bet that many others were touched too. And to top this episode, ...

TOP CANADIAN BANKS

April 1st, 2013
Top banks too big to fail: watchdog By: Julian Beltrame OTTAWA -- The federal financial supervisor has slapped a too-big-to-fail label on Canada's six largest banks, declaring they will need to carry a bigger capital buffer and be subjected to stricter supervision than their smaller peers. The Office of the Superintendent of Financial Institutions-OSFI- said Tuesday the "systemically i ...

BUYERS CHOOSING LONG TERM CAR FINANCE AND LEASE CONTRACTS

March 13th, 2013
Canadian car buyers choosing long term financing and leases JEREMY CATO Special to The Globe and Mail http://www.theglobeandmail.com/globe-drive/driving-it-home/canadian-car-buyers-choosing-long-term-financing-and-leases/article9673099/ Canadians have become much pickier about acquiring a new car or light truck, and one reason is surely the slowing economy. New vehicle sales in C ...

PAYMENT HISTORY IMPORTANCE ON YOUR CREDIT SCORE

March 12th, 2013
Building a perfect credit score should be what we all aim for, giving the fact that a good credit history will help us secure loans such as: mortgages, car loans, credit card, student loans etc.The most important part in building your credit history is the PAYMENT HISTORY. This counts for 35% of your Beacon score. The credit agency( such as Equifax, Transunion etc) look for it are: -account p ...

TESTIMONIAL FROM MARIOARA AND ILIE SEUCHEA

March 1st, 2013
      Buying a home is a complex and complicated process,but is one of the best investment you'll ever make.We choose Doina as our mortgage broker 5 years ago when we bought our first house.We made the perfect decision by choosing her because she is very professional,dedicated to client satisfaction and patient by guiding up step by step through the process.In addition to all of Doina is ...

TD COLLATERAL MORTGAGES

February 10th, 2013
IMPORTANT ARTICLE REGARDING TD MORTGAGES!!! If you have a TD  mortgage, be aware that TD registers as a collateral mortgage and have since October 2010.  Are you aware that you cannot transfer the  mortgage to another Financial Institution even if you pay the penalty? Some of you think that you can transfer your mortgage at end of term, but, unfortunately,you CANNOT. The TD policy is es ...

RRSP'S AND YOU

January 29th, 2013
How to plan for a comfortable retirement If you want sufficient assets for a comfortable retirement, start planning now. Some experts say you'll need 60 to 75 per cent of your present income once you stop working and even more if you want to travel or keep up expensive hobbies. You are the best judge however of how much retirement income you will need, based on the lifestyle you inten ...

MERRY CHRISTMAS!

December 24th, 2012
To all my clients, referral sources and business partners, may the glow of Christmas bless your house, fill it  with the love of your family and good friends, warmth and good cheer, a table covered with goodies, lots of candy for the kids, love in your hearts and the Gift of Faith, Blessing of Hope and the Peace of His Love! MERRY CHRISTMAS AND HAPPY NEW YEAR!
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