The Bank of Canada just lowered it’s key lending rate by three quarters of a percentage point or .75 basis points. Assuming the banks follow the BoC lead ( they have not always the past few months) that will make the prime lending rate now 3.25%. This latest act of desperation by the BoC is […]
This post is in response to an article in the business section of today’s Chronicle Herald newspaper. While I admire and respect the broker quoted in the story, I believe that some of the message can easily be taken out of context and I just want to set the record straight. I have been a mortgage broker […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2008-12-06 16:57:192008-12-06 16:57:19Setting the record straight!
it’s not an ipod, iphone, or even a new coalition government for those who want it. Curious? Be patient! Drum roll please……. here it is, a plan to get you out of debt and quickly. You may be thinking, well that is not very exciting. However when you think about it, actually it is! Picture […]
Many of you may be unaware that my company also offers travel service. We are affiliated with a major discount travel provider called Inteletravel. Essentially I am also a travel agent, offering to others the ability to obtain discounts on travel and accommodations or you can also join their service and get travel agent prices for yourself. It worked […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2008-12-03 14:47:472008-12-03 14:47:47Get away from the everyday!
The inspiration for this article comes from two sources. One the article about BCE takeover falling apart and the other today being Black Friday in the US. At first glance you may have a hard time figuring out how these two events are connected, however upon closer inspection they are essentially about the same thing. […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2008-11-28 11:56:232008-11-28 11:56:23Would you fail a liquidity test too?
Today the news came out that Citigroup (Citifinancial’s parent) received a government bailout. They received a 20 Billion dollar cash injection, this is after they have already received 25 billion earlier this year. Now don’t get me wrong, I am all for stabilizing the economy. Many pundits said that if Citi failed it would de-stabilize the whole banking system. […]
I find that far too often that people are complaining that they hate their job, don’t have enough money, are too fat, too skinny, too tired or whatever. They get caught up in a cycle of complaining and they fail to do anything about their situation. They over analyze their situation but do not take any action to improve […]
Unless you have been living on a deserted island some where you are probably aware that we in the midst of some interesting and challenging economic times. Big business are lining up for bailouts, the markets are just one roller coaster ride after another, yet we ( the consumer and tax payer) are the engine […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2008-11-20 15:58:502008-11-20 15:58:50Signs that you may be in need of a bailout and what you can do about it!
Here is the note that I received from Citi Financial a few hours ago. What this basically means is that there are fewer and fewer choices for consumers and brokers alike. So right now if you have less than perfect credit your options are Wells Fargo or a private lender. Let’s hope that Wells sticks […]
With all that has been happening in the financial markets these past few weeks, I would not blame you if that is what you have been thinking. However don’t do it, and here is why. 1) Boom always follows the bust. As corny as it sounds, hard times never last, but good people do. My […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2008-10-30 10:43:462008-10-30 10:43:46Thinking of throwing in the towel?
How we feel about our own finances has an effect on the market as a whole. Well now you may be saying that you feel less optimistic because the markets have been going in the toilet lately. It’s sort of like the chicken and egg scenario. Didn’t this all start with the demise of the sub prime […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2008-10-29 15:29:372008-10-29 15:29:37Are you in a rut or digging your grave?
“Where does it all go?”You’re looking at your T4 from last year or maybe your most recent pay stub. Sure many people wish that those numbers after the dollar sign were a litter higher but it’s the vanishing act that alarms your the most. Tax time is especially sobering: you can see how much money […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2008-10-28 10:12:082008-10-28 10:12:08Lower your debt with your mortgage!
As all the world’s financial markets are losing trillion’s of dollars almost daily, I am having to think “What is money anyway?” It is more than pieces of paper with pictures of deceased notables on it as Anthony Robbins says. Some say that it is financial currency for the value placed on the exchange of […]
Unless you were living under a rock or had your head in the sand, you probably know that most of the central banks lowered their key lending rates yesterday by 50 basis points. This was in response to the ongoing financial crisis that seems to be gripping the world. The strange part for us Canadian’s […]
https://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.png00Pat Sawlerhttps://craigburn.com/wp-content/uploads/2015/03/craigburn-logo2-e1426637601970.pngPat Sawler2008-10-09 10:52:252008-10-09 10:52:25Who is calling the shots?
From today’s issue of the Globe & Mail. Major central banks slash rates in extraordinary move to ease crisis Globe and Mail Update Wednesday, October 08, 2008 OTTAWA — Major central banks took the extraordinary step of deeply cutting interest rates in a coordinated move on Wednesday, a development that serves to underline the deterioration […]
Bank's overnight rate drops to generational low!
The Bank of Canada just lowered it’s key lending rate by three quarters of a percentage point or .75 basis points. Assuming the banks follow the BoC lead ( they have not always the past few months) that will make the prime lending rate now 3.25%. This latest act of desperation by the BoC is […]
Setting the record straight!
This post is in response to an article in the business section of today’s Chronicle Herald newspaper. While I admire and respect the broker quoted in the story, I believe that some of the message can easily be taken out of context and I just want to set the record straight. I have been a mortgage broker […]
Give yourself the best Christmas present ever!
it’s not an ipod, iphone, or even a new coalition government for those who want it. Curious? Be patient! Drum roll please……. here it is, a plan to get you out of debt and quickly. You may be thinking, well that is not very exciting. However when you think about it, actually it is! Picture […]
Get away from the everyday!
Many of you may be unaware that my company also offers travel service. We are affiliated with a major discount travel provider called Inteletravel. Essentially I am also a travel agent, offering to others the ability to obtain discounts on travel and accommodations or you can also join their service and get travel agent prices for yourself. It worked […]
Would you fail a liquidity test too?
The inspiration for this article comes from two sources. One the article about BCE takeover falling apart and the other today being Black Friday in the US. At first glance you may have a hard time figuring out how these two events are connected, however upon closer inspection they are essentially about the same thing. […]
Citigroup gets rescued!
Today the news came out that Citigroup (Citifinancial’s parent) received a government bailout. They received a 20 Billion dollar cash injection, this is after they have already received 25 billion earlier this year. Now don’t get me wrong, I am all for stabilizing the economy. Many pundits said that if Citi failed it would de-stabilize the whole banking system. […]
Analysis of paralysis!
I find that far too often that people are complaining that they hate their job, don’t have enough money, are too fat, too skinny, too tired or whatever. They get caught up in a cycle of complaining and they fail to do anything about their situation. They over analyze their situation but do not take any action to improve […]
Signs that you may be in need of a bailout and what you can do about it!
Unless you have been living on a deserted island some where you are probably aware that we in the midst of some interesting and challenging economic times. Big business are lining up for bailouts, the markets are just one roller coaster ride after another, yet we ( the consumer and tax payer) are the engine […]
Citi Financial shuts doors to brokers!
Here is the note that I received from Citi Financial a few hours ago. What this basically means is that there are fewer and fewer choices for consumers and brokers alike. So right now if you have less than perfect credit your options are Wells Fargo or a private lender. Let’s hope that Wells sticks […]
Thinking of throwing in the towel?
With all that has been happening in the financial markets these past few weeks, I would not blame you if that is what you have been thinking. However don’t do it, and here is why. 1) Boom always follows the bust. As corny as it sounds, hard times never last, but good people do. My […]
Are you in a rut or digging your grave?
How we feel about our own finances has an effect on the market as a whole. Well now you may be saying that you feel less optimistic because the markets have been going in the toilet lately. It’s sort of like the chicken and egg scenario. Didn’t this all start with the demise of the sub prime […]
Lower your debt with your mortgage!
“Where does it all go?”You’re looking at your T4 from last year or maybe your most recent pay stub. Sure many people wish that those numbers after the dollar sign were a litter higher but it’s the vanishing act that alarms your the most. Tax time is especially sobering: you can see how much money […]
What is money anyway?
As all the world’s financial markets are losing trillion’s of dollars almost daily, I am having to think “What is money anyway?” It is more than pieces of paper with pictures of deceased notables on it as Anthony Robbins says. Some say that it is financial currency for the value placed on the exchange of […]
Who is calling the shots?
Unless you were living under a rock or had your head in the sand, you probably know that most of the central banks lowered their key lending rates yesterday by 50 basis points. This was in response to the ongoing financial crisis that seems to be gripping the world. The strange part for us Canadian’s […]
Rate cuts everywhere!
From today’s issue of the Globe & Mail. Major central banks slash rates in extraordinary move to ease crisis Globe and Mail Update Wednesday, October 08, 2008 OTTAWA — Major central banks took the extraordinary step of deeply cutting interest rates in a coordinated move on Wednesday, a development that serves to underline the deterioration […]