by admin | Nov 25, 2021 | Personal Finances
It’s easy to forget the power of leverage. With $100,000 of income, a creditworthy borrower can now qualify for almost three times the mortgage they did in the early 1980s. Decades of falling interest rates and expanding credit availability have made that possible,...
by admin | Sep 16, 2021 | Personal Finances
Overall consumer debt now stands at $2.15 trillion High mortgage growth and low interest rates have resulted in greater uptake for home equity lines of credit (HELOC) — which could be problematic, warns Equifax Canada. The credit monitoring company’s most recent...
by admin | Aug 19, 2021 | Personal Finances
Q: I’m worried about my best friend and her family. She confided in me not long ago that they had to go bankrupt about three years ago, and it hasn’t been easy since. I was wondering if they were having money problems. We usually have two girls’ weekends a year and...
by admin | Aug 10, 2021 | Lifestyle, Personal Finances
As provinces try to reopen their economies across the country and ease into the process allowing some businesses to bring back employees to the workplace, one unintended consequence of the COVID-19 pandemic may linger on for the foreseeable future. A vast...
by admin | Jun 19, 2019 | Lifestyle, Personal Finances
Finally, as the country reopens, you’re likely seeing more of your friends. Out with the video chatting and in with the high-fiving, hugging and, well, spending. For every dinner, there’s a check to pay; for every wedding, a gift to buy; and for every...
