Blog by DOINA BIOLAN B.Comm

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Fire in McKenzie Towne

September 18th, 2012
Such a scary moment, when a big fire anounced the other day in McKenzie Towne! I live and work in the area, and just the thought of the surroundings being disrupted by a fire is mind blowing, as you never think that it may happen so close to home. I like to go jogging around the pond every other day, and many times i stopped admiring the serenity of the water, the sunset or just the people pa ...
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Posted in General

Mortgage ruling

September 17th, 2012
Mortgage rules a temporary fix to housing   OTTAWA - TD Bank says tighter mortgage rules should do the job of cooling Canada's hot housing market in the short term, but higher interest rates will be needed to return the market to saner levels. TD Bank says tighter mortgage rules should do the job of cooling Canada's hot housing market in the short term, but higher interest rates will ...
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Posted in Mortgages

Interest Rates

September 17th, 2012
  The dark side of low interest rates MARTIN MITTELSTAEDT The Globe and Mail Published Wednesday, Sep. 12 2012, 8:22 PM EDT   There is a cost to low interest rates. Just ask savers pondering the merits of the Royal Bank’s so called “high interest” e-savings account, a typical offering in Canada. The rate: 1.2 per cent. For U.S. dollar savings, the return is positively microscopic, o ...
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Posted in Mortgages

Moving up or moving out

September 17th, 2012
When moving up means moving out    Garry Marr | Sep 8, 2012 7:26 AM ET | Last Updated: Sep 7, 2012 3:46 PM ET More from Garry Marr | @DustyWallet    Even record debt levels — household debt-to-income ratio in Canada is now at 152% — seem to have done little to get Canadians to move for a chance to get ahead   Just pick up and move. Who wouldn’t, if it meant making more money or ev ...
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Posted in Real estate

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