As some of you might know, we recently made the decision to purchase a condominium. As the unit is still under construction, we won’t be able to move in until sometime in January. The long period of delivery posed a problem when attempting to get a mortgage approval from traditional places such as ING Direct,… [Read More]
Interested in where interest rates are going?
Not too long ago, the Bank of Canada raised the benchmark overnight rate by 0.25%. The ongoing sentiment at that time was that the Canadian economy was starting to heat up, and interest rates were about to start their long upward climb. People rushed to get into 5-year fixed mortgages, notwithstanding the fact that even… [Read More]
Purchasing Your First Home: Questions and Decisions to Consider
I’ve recently talked about some topics related to housing, such as the advantages and disadvantages between a house and a condominium, as well as the difference between a variable-rate and fixed-rate mortgage. I must admit that my interest was more than just academic, as I now have a personal stake in the matter as well:… [Read More]
How to Use Fear to Manipulate People
What is fear? Why do we experience fear, and how does it affect us? Well, fear is quite simply one of the most basic and primal emotions that we are capable of experiencing. Most animals share this emotion with us, from mice to men. Fear is the drive that takes us away from danger, and… [Read More]