You have decided to buy an investment property. Congratulations! You are beginning to think like a millionaire, someone who wants to retire early, and live a good life. What are your first steps? 1) Get a pre-approval with a mortgage…
Monthly Archives: July 2012
The dark side of low interest rates
by Vasko DeLev • • 0 Comments
Nobody talks about it, but for many Canadians the low interest rates are really bad. Folks over 60, people who do not own real estate and conservative investors are devastated. They are losing dollars day-in-day-out without doing anything wrong. They…
The story of a shrinking house
by Vasko DeLev • • 0 Comments
The news was loudly announced on newsprint, radio, TV and social media. Everybody now knows – the Canadian government has changed the mortgage rules by reducing the maximum amortization period to 25 years and limiting refinancing to only 80% of…