September 2008 - Posts

06 September 2008
Buying Mortgage Insurance? Lender vs Independent
I met with an insurance broker last night and she raised some interesting points while we were talking about mortgage (life) insurance. Most people buy insurance on their life when they get a mortgage to protect their loved ones in case of death of mortgagor. Read More...
03 September 2008
Prime Rate Unchanged
The Bank of Canada kept interest rates unchanged for the third time today despite acknowledging that both economic growth and inflation are lower than it had projected last month. The overnight rate - what big banks charge each other fo overnight loans Read More...