Arbetov.ca Banks and Mortgages

Before we answer this question, let’s see how one can lose money in FOREX (Foreign Exchange Market – FOREX) – International Foreign Exchange Market. The birth of FOREX should be credited to the American president Nixon, who renounced the conversion of the USD into gold. As a result, due to budget and trade deficit in [...]

The 10-year fixed-rate mortgage has generated renewed interest lately as borrowers look to lock in for the long term and enjoy the security and peace of mind this brings.
With mortgage rates at all-time lows, it turns out that fashion isn’t the only thing that comes back into style! In fact, 10-year fixed mortgage rates have [...]

Life in Canada presents us with some practical questions, for example – how to transfer money from Canada to our relatives in Russia, Ukraine, Kazakhstan or other countries quickly, safely and for moderate fees, or how to transfer money to Canada.
What are the ways of transferring money to other countries? We are talking about relatively [...]

Last month, the federal government published a Mortgage Prepayment Code to ensure borrowers are better informed by lenders (federally regulated institutions) when it comes to situations where mortgage prepayment penalties may be charged – namely, for the purpose of clarifying interest rate differential (IRD). This is a positive step, because IRD calculations and penalties have [...]

Because the mainstream media can often mislead borrowers with its doom-and-gloom headlines regarding the Canadian housing and mortgage industries, as well as consumer debt, it’s important to get the facts straight from the mortgage brokering industry.
The Canadian Association of Accredited Mortgage Professionals (CAAMP) released a new report in mid-February on employment impacts of housing and [...]

Buying or selling a business can definitely be a challenge – including, finding the right business or buyer, advertising, working through business brokers, and reviewing financial statements and market conditions.The next part – and certainly not the easiest – is financing that acquisition (or sale).

this article could help showcase how we have unique [...]

Many immigrants come with their savings in US dollars. Since we live in Canada, it is more convenient to pay for goods and services in CAD. What is the best place to buy CAD? (By the way, when visiting your home country you will need US$.) I can share my experience and the experience [...]

There has been a lot of chatter surrounding ultra-low rates that were introduced by many banks early this year. But, it’s important to look beyond mere rates into the bigger picture surrounding what’s significant when it comes to your specific mortgage needs.While “no-frills” mortgage products typically offer a lower – or more discounted – interest [...]

mortgage products – include an equal mix of fixed-rate and variable-rate components within your single mortgage. This means you get the best of both worlds – the security of fixed repayments with the flexibility of a variable rate.

Planning ahead really can save you money down the road. And with the high-cost holiday gift-buying and entertaining season quickly approaching, this may be the perfect time to refinance your mortgage and free up some money instead of relying on high-interest credit cards.

Haben Sie jedes Mal das gleiche Problem, wenn Sie in ein Land mit einer anderen Währung reisen? Sie wissen nicht wo Sie am besten Ihr Geld wechseln sollen oder ärgern sich, wenn Sie zu hohe Gebühren für Ihren Geldtausch bezahlt haben? Hier finden Sie einige Tipps wie Sie in Zukunft dieses Problem vermeiden können und jede [...]

Familienangehörige oder Bekannte befinden sich in Kanada oder einem anderen Land und Sie  fragen sich, wie Sie ihnen am besten Geld zukommen lassen? Dies sollte natürlich auf einem möglichst günstigen und sicheren Wege geschehen.

Es gibt mehrere Methoden mit denen Sie regelmäßig relativ kleine Summen (150 bis 800€) an Ihre Familiengehörigen überweisen können.  Viele nutzen den [...]

Elana Rendell AMP
604-809-3202
www.elanarendell.com
“Mortgage Planner for Life”
Are you over the age of 55 and a current home owner?  Are you in need of money but can’t qualify for any loans due to credit and no employment? Would you be interested in getting a loan tax-free and not making any monthly interest and principle payments? If [...]

                       Elana Rendell, AMP Mortgage Specialist
WINDOW SHOPPING?  Shopping around to make sure you are getting the best for your overall financial health is crucial. It is important that when you are determining the mortgage professional to work with that you ask them some critical questions. A true professional lender MUST know how to answer these [...]