Monday, 29 April 2013

India still has a lot to do to improve real estate transparency

A number of measures are being taken in India to improve transparency in the country’s real estate markets, according to experts, but real improvements are unlikely to kick in until 2014.

Thursday, 25 April 2013

Vancouver housing market shows signs of improvement

Sandra Wyant has come across tantalizing clues that she believes point to a gradual turnaround in Vancouver’s tepid housing market.

Monday, 22 April 2013

Get ready condo flippers, Canada Revenue Agency is hunting you

You just sold your condo, you made a hefty profit and know you have to pay your taxes.
The bill might be more than you think.

Wednesday, 17 April 2013

Mark Carney will offer his last major economic forecast as Bank of Canada Governor

Mark Carney will offer his last major economic forecast as Bank of Canada Governor today while probably keeping interest rates where they’ve been since September 2010 and signaling his replacement will also have little need to act.

Tuesday, 16 April 2013

Homebuying step-by-step

When financing a home, the following considerations can help you to save money and provide for greater economic stability in the event of financial challenges down the road such as lower income levels, increased monthly expenses and/or higher interest rates.

Monday, 15 April 2013

Avoiding common home buying mistakes can make your transition to Canada that much easier

When Charles Waterman was finally able to purchase his first home in Canada, he was thrilled. “It was a feeling of accomplishment and satisfaction,” says the native Barbadian. “It gave me a sense of pride to live among other homeowners in Toronto.”

Friday, 12 April 2013

Wells Fargo Q1 profit up 22 per cent to $4.9 billion after bank cuts expenses

NEW YORK — Wells Fargo, the nation’s biggest mortgage lender, said its first-quarter profit surged 23 per cent after it cut expenses.

Monday, 8 April 2013

When should you refinance your mortgage loan?

Refinancing a mortgage at a lower interest rate isn't always the right decision. Having bragging rights at the neighborhood picnic isn't a reason for refinancing a mortgage. Instead, it's good to put some thought behind the timing of your decision.

Sunday, 7 April 2013

Bank accounts for seniors: A look at some options

Banks are required to offer a low-cost, no frills bank account and until recently, all five major banks in Canada promoted free banking for seniors.

Tuesday, 2 April 2013

Five things you may not know about TFSAs

After taking more than three years to get acquainted, Canadians still don’t know the tax-free savings account (TFSA) as well as they should. The TFSA lets you stash extra cash for just about anything — rainy-day savings, a new house or retirement — without paying any tax on the growth within the account or on withdrawals.