https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2011-11-09 15:56:172011-11-09 15:56:17First Time Home Buyer
Sometimes the question arises that what is best option between growing on investment and paying off mortgage. Here I would like to suggest that one should take his own financial decision as per his or her circumstance. But, I will put my opinion in my own way as I see that staying out of debt has potential […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2011-09-08 08:32:512021-03-12 19:30:08Should you grow your nest egg or pay off your mortgage?
If this title alone does not get you I don’t know what will. Most people opt for the 5 year fixed rate mortgage because of the security of knowing what your payment will be from month to month over the next 5 years. However how do you know if you got the best 5 year […]
Here are some tips on what you should do to avoid a personal financial crisis: 1) Have an emergency slush fund You should have at least 3 months of living expenses put away in case the worst happens. I am not talking about putting it in your mattress or in a coffee can. These funds […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2011-03-25 08:06:092021-03-12 19:29:585 Ways to Avoid a Personal Financial Crisis
Earlier this week I received a story in my e-mail that I want to share with you. I made a difference to that one… A man was walking on the beach and ran into a little boy throwing starfish into the ocean. When the man asked the little boy what he was doing, the little […]
Bank of Canada Interest Rate January 18, 2011 1.00 % March 1, 2011 1.00 % April 12, 2011 Next meeting date Bank Prime Lending Rate January 19, 2011 3.00 % March 2, 2011 3.00 % April 13, 2011 Next meeting date Conventional Mortgage – 5 Year Rate* January 19, 2011 5.19 % February 9, 2011 […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2011-03-03 11:32:112021-03-12 19:30:26Economic stats for March 2011
Well that is the question. Wondering whether to break your current mortgage to take advantage of the lower rates that are currently offered. Well here is an example that you can apply to your situation to see if now is a good time to take advantage of the lower rates. Interest Rate Differentials (IRD) Often […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2011-03-02 15:05:352021-03-12 19:30:31To break or not to break?
Bank of Canada leaves key rate unchanged Malcolm Morrison, The Canadian Press The Canadian dollar gave up early gains and moved lower after the Bank of Canada’s announced it was leaving interest rates unchanged and warned of the negative effects of a rising currency. The loonie was 0.12 of a cent lower to 102.82 cents […]
For those who don’t know, we took advantage of the kids two week break to take a little vacation. The reason that I am telling you this is to tell you a story about good service. Something that we far too often take for granted until we experience the complete opposite. We took a Disney […]
Are you or should you be? To your goals that is. This hit me when one of my friends from the gym saw me today and commented that I must not be committed as I did not make it in for my regular workout time of 05h30 yesterday. My excuse was that one of our […]
So as the dwarves in Snow White say “It’s off to work I go”. Below is a great article from The Vancouver Sun, talking about our ever increasing debt load. In fact, that is the number one reason that the finance department reacted with changes to mortgage financing yesterday. As always feel free to contact me if you […]
Here is the information regarding the new mortgage rules that will come into effect on April 19th of this year. The changes are not as bad as some were predicting. This is the summary, and the text is below. Starting April 19th 1. Borrowers need to qualify using the 5 year fixed rate 2. Refinances […]
Here is October 2009’s monthly update on key economic data. Please contact me if you have any questions. Cheers, Pat p.s- You can find me on Twitter,Linkedin, Facebookand friendfeed. Stumble it! Bank of Canada Interest Rate July 21, 2009 0.25% September 10, 2009 0.25%* October 20, 2009 Next meeting date Source: Bank of Canada *Bank of Canada statement […]
Yes as strange as that may sound, but in order to succeed in this day and age you need to be a “Flexible Juggler”. To put this another way, you need to be able to balance several tasks at the same time while maintaining flexibility in your approach to completing each task. Do you want […]
This is not a pep talk, it’s a reality check. Look at your track record, are your results what you want them to be? If not you should either get fired or fired up. By this I mean act as if your were your own boss cause in reality no matter what you do or […]
First Time Home Buyer
Should you grow your nest egg or pay off your mortgage?
Sometimes the question arises that what is best option between growing on investment and paying off mortgage. Here I would like to suggest that one should take his own financial decision as per his or her circumstance. But, I will put my opinion in my own way as I see that staying out of debt has potential […]
Demystifying the 5 year fixed rate mortgage
If this title alone does not get you I don’t know what will. Most people opt for the 5 year fixed rate mortgage because of the security of knowing what your payment will be from month to month over the next 5 years. However how do you know if you got the best 5 year […]
5 Ways to Avoid a Personal Financial Crisis
Here are some tips on what you should do to avoid a personal financial crisis: 1) Have an emergency slush fund You should have at least 3 months of living expenses put away in case the worst happens. I am not talking about putting it in your mattress or in a coffee can. These funds […]
Make a difference
Earlier this week I received a story in my e-mail that I want to share with you. I made a difference to that one… A man was walking on the beach and ran into a little boy throwing starfish into the ocean. When the man asked the little boy what he was doing, the little […]
Economic stats for March 2011
Bank of Canada Interest Rate January 18, 2011 1.00 % March 1, 2011 1.00 % April 12, 2011 Next meeting date Bank Prime Lending Rate January 19, 2011 3.00 % March 2, 2011 3.00 % April 13, 2011 Next meeting date Conventional Mortgage – 5 Year Rate* January 19, 2011 5.19 % February 9, 2011 […]
To break or not to break?
Well that is the question. Wondering whether to break your current mortgage to take advantage of the lower rates that are currently offered. Well here is an example that you can apply to your situation to see if now is a good time to take advantage of the lower rates. Interest Rate Differentials (IRD) Often […]
Rate decision
Bank of Canada leaves key rate unchanged Malcolm Morrison, The Canadian Press The Canadian dollar gave up early gains and moved lower after the Bank of Canada’s announced it was leaving interest rates unchanged and warned of the negative effects of a rising currency. The loonie was 0.12 of a cent lower to 102.82 cents […]
Service Please
For those who don’t know, we took advantage of the kids two week break to take a little vacation. The reason that I am telling you this is to tell you a story about good service. Something that we far too often take for granted until we experience the complete opposite. We took a Disney […]
Committed?
Are you or should you be? To your goals that is. This hit me when one of my friends from the gym saw me today and commented that I must not be committed as I did not make it in for my regular workout time of 05h30 yesterday. My excuse was that one of our […]
I owe, I owe
So as the dwarves in Snow White say “It’s off to work I go”. Below is a great article from The Vancouver Sun, talking about our ever increasing debt load. In fact, that is the number one reason that the finance department reacted with changes to mortgage financing yesterday. As always feel free to contact me if you […]
Rules, Rules, Rules
Here is the information regarding the new mortgage rules that will come into effect on April 19th of this year. The changes are not as bad as some were predicting. This is the summary, and the text is below. Starting April 19th 1. Borrowers need to qualify using the 5 year fixed rate 2. Refinances […]
October 2009
Here is October 2009’s monthly update on key economic data. Please contact me if you have any questions. Cheers, Pat p.s- You can find me on Twitter,Linkedin, Facebookand friendfeed. Stumble it! Bank of Canada Interest Rate July 21, 2009 0.25% September 10, 2009 0.25%* October 20, 2009 Next meeting date Source: Bank of Canada *Bank of Canada statement […]
Flexible Juggler
Yes as strange as that may sound, but in order to succeed in this day and age you need to be a “Flexible Juggler”. To put this another way, you need to be able to balance several tasks at the same time while maintaining flexibility in your approach to completing each task. Do you want […]
Fired or fired up!
This is not a pep talk, it’s a reality check. Look at your track record, are your results what you want them to be? If not you should either get fired or fired up. By this I mean act as if your were your own boss cause in reality no matter what you do or […]