Tuesday, June 28, 2011

Carney says may need to keep rates low: report | Canada | Reuters


Carney says may need to keep rates low: report | Canada | Reuters

OTTAWA (Reuters) - Canada's central bank may need to keep interest rates low as the economy faces "substantial headwinds," Bank of Canada Governor Mark Carney said in an interview published on Friday.

Scrounging for cash in retirement?


Many people planning for or living in retirement struggle to find cash. Often, they wrestle with the obvious choices: do they tap into their RSP? Do they take CPP early, or is it best to wait?
But there are other, less traditional sources of income for cash-strapped retirees:
Tap into existing home equity 
This is often the largest unused source of retirement income. Many retirees own their homes, most of which have soared in value. Instead of letting the money sit within the house, think about taking out a line of credit or a mortgage against the house at low interest rates. You can use this cash to generate a stream of monthly income.

Six signs it's time to buy a house - The Globe and Mail

Six signs it's time to buy a house - The Globe and Mail

If you've been considering buying a house but you're still unsure, consider some of the personal and economic conditions that favor home purchases. If you find that a number of these signs ring true for you, it might be time to contact a real estate agent and start shopping.

Monday, June 20, 2011

Tuesday, June 7, 2011


Protect yourself from identity theft

Correcting errors in your Credit Report can improve your credit score—which can reduce your rate on an upcoming mortgage—it can also detect attempts at identity theft. Today, it’s increasingly common for fraud artists to acquire a piece of a consumer’s ID and use it to apply for credit. Unless you’re keeping a regular eye on your credit report, you may not know you’ve been the victim of identity theft until it’s too late!