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.