Getting a Home equity loan? Keep these factors in mind

A home equity loan is meant for those home owners who borrow money keeping their home as collateral. A home equity loan gives you the access to a large sum of cash that you can use up for other expenses or investment purposes. The home equity loan has the advantage of lower rate of interest, monthly payments that are tax deductible etc. Some times the cash available is up to 125% of the property

The future mortgage rates in Canada

The previous few years have been very turbulent for the regular investors. Since the lat two years, the investors are facing inner turmoil while investing in stocks or property. Although the entire world suffered the consequences, the Canada property market has stood strong and is in fact on the rise since the beginning of 2010. The property sales in Canada had reached an exceptional high in the

Vantage score: Key facts you wanted to know

A vantage score is a new term that you will hear a lot in the coming months. It is a 3-digit number created by your consumer reporting agency (CRA) based on your borrowing details. Your vantage score is a numerical representation of your credit history, based on your debt-paying performance in the past. It was jointly developed by the 3 main American CRAs: Equifax, Experian, Trans Union and

What are the different risks and mistakes the older people prone to?

The mistakes for which the old people have to pay:1) Did not plan for future while you were young:A mistake the older people makes at the young age is that they don't plan for future. In the older age when you look for financial security, you have to pay for the consequences of being reluctant in days of youth. You did not understand the responsibility you had to take in order to pave a way for a