The rates that used to run between 5 and 10 percent, however, now they are ludicrously low, simply to keep everything stimulated. One day these rates will rise, and what will that do?
The Fed taking over IndyMac in the U.S. made me wonder about whether this kind of thing can happen in Canada. Of course the simple answer is no, it is not likely to happen, however,… Read More »Why do Banks Fail ?
Yesterday I revealed that carrying debt is making me sick (not figuratively, but physically). I am impressed that I confessed this truth about myself: debt makes me sick. In my situation, it is better to… Read More »Debt Makes Me Sick
Should you be saving your money or bringing down debt? RRSP or Mortgage is always a question, but now with the TFSA there is another angle to think about.
Now that we have figured out how to track our Mortgage using this Mortgage Work Sheet with Excel (download of an excel s/s) , we can now start doing some interesting tricks to see what we… Read More »Mortgage Over Paying
