Yet another stockbroker

This year's stock market has made you long for a safer investment, like a cobra farm. But try a conservative fund before raising reptiles.

Donating shares to charity lets you sidestep capital gains taxes entirely, and get a charitable deduction

If you haven’t obtained a mortgage within the past 6-months, you’ll find that the mortgage process is unlike any mortgage process you may have been through previously.  Due to the large volume of foreclosures, short sales and buy and bails that have occurred over the past couple of years, Lenders have responded by tightening both their guidelines and overlays to mitigate future defaults.  A process that will continue to tighten until the real estate industry stabalizes.

Lending is all about full disclosure with an incredible paper trail!  So much for going paperless!  The quicker you simply accept the fact that you’ll have to comply if you desire a mortgage, the easier it will be for you to get through the process.  If you “think” that an item isn’t really necessary trust me when I say that if we’ve asked for it, it’s required and we won’t be able to close on your loan without it.  Waiting to obtain that requested document may mean a delay in your closing and added frustration as you rush around at the end trying to clear conditions that you’ve known about for some time.

One of the biggest changes for a consumer is the documentation that is required for pretty much every deposit reflected on their bank statements.  Deposits that are not clearly notated as payroll must be documented with a copy of the deposit slip and all supporting documentation i.e. checks, to clear the condition.  If you bank on-line, this is a pretty easy process as you can simply click on the deposit and print the deposit slip and supporting checks.  Why you might ask would we care the source of your deposits?  The reason we closely monitor deposits, is to insure that their source is acceptable to lending guidelines and is neither an undisclosed loan or a pay-day loan, which is seen as a clear indication that you are already struggling to meet your monthly obligations.

For those that have never been through the loan process, the current climate is the norm, for those that have, understand that the conditions aren’t personal, but are required from all Borrowers.  For every action there is a reaction and although it may seem like an over reaction, it is what it is and it is the new norm for the forseeable future.

Our primary focus is your success in homeownership!   To insure your success, we are going to make sure that the loans being made will help you and your family meet your financial goals.

As the European crisis unfolded, traders dumped their international bonds like they were a reality show groom.

Index funds are good things. Can you make them worse? Yes. Can you make them better? Maybe.

Bank of Canada holds interest rate steady – Business – CBC News.

 

Bank of Canada holds interest rate steady – Business – CBC News.

Most people own international funds for diversification. But most international markets run more or less in lockstep with U.S. markets.