Check out this site
Sunday, March 22nd, 2009Stumbled along this cool site. Helpful info. about any neighborhood in Canada. Use it as buyers or simply if you are going to be in a certain area, find out where the nearest Starbucks etc. are
Stumbled along this cool site. Helpful info. about any neighborhood in Canada. Use it as buyers or simply if you are going to be in a certain area, find out where the nearest Starbucks etc. are
On Wednesday, Bond Yields plunged to their lowest level since September at 1.70%. This is of course great news for Mortgage holders. Bond Yields lead fixed rates, so if they are headed further down, then count on mortgage rates to follow. In fact many lenders already have dropped their posted rates, and the special wholesale broker rates are also dropping.Stay tuned for more news on this as it develops
There is certainly many people on both sides of this debate, but I think this article makes it clearer for me.“No, more credit will not make the problem go away. But yes, the government should do its best to restore bank lending to prevent an even worse economic outcome”.“U.S. Treasury Secretary Timothy Geithner was only the latest to proclaim what has now become an official mantra. Without credit, which he and others call the “lifeblood” of the economy, you can kiss recovery hopes goodbye.”“Federal Reserve Chairman Ben Bernanke, justifying the massive help the central bank has offered to financial institutions, made his own case: “This disparate treatment, unappealing as it is, appears unavoidable. Our economic system is critically dependent on the free flow of credit.”