Mortgage Guide 101 Blog

June 2007 - Posts

This is the first in a series of blogs in which I'm going to cover some of the most interesting and cost effective innovations in the greening of our homes. I've done some blogs in the past on green building, from renovations that you can make on your Read More...
Posted on June 28,2007

How do you win at the mortgage game? You've got to ask the right questions. According to an article on Realty Times, the right questions are open-ended questions, as opposed to closed questions.How do you know you've asked a closed question? Any closed Read More...
Posted on June 26,2007

Despite crack downs by law enforcement and more awareness in the market, housing fraud continues to be an attractive crime according to an article on Realty Times. In fact, the crime is up by almost a third in just the last year according to the Mortgage Read More...
Posted on June 25,2007

This approach is not quite the Smith Maneuver that I blogged about earlier this week, but does allow you to bank on the equity in your home to get more invested in the stock market. It also lets you deduct the interest of that loan. In effect, you use Read More...
Posted on June 22,2007

Here's a way to help out your retirement savings, and make sure that your home mortgage works for you: be your own lender!How the heck can you do that, you might wonder. Well, this approach requires you to have enough in assets in your RRSP so that you Read More...
Posted on June 20,2007

In the US, mortgage interest is tax deductible. So, your home is considered a straight-forward investment, and you end up paying capital gains on your property when you sell it. If your property doesn't gain value, you don't pay any tax when you sell it. Read More...
Posted on June 18,2007

Housing market cooling; interest rates rising. How the heck does that work?You'd think with a cooling market there would be some room to let rates stabilize or even drop. Apparently not; the Fed is still whining about inflation. However, the Fed could be Read More...
Posted on June 15,2007

In an article on HousingPredictor.com, researchers predict that as many as 2 million US homeowners will lose their homes to foreclosure over the next 2 to 3 years. This foreclosure crisis will be the largest the nation has seen in almost 20 years, since Read More...
Posted on June 13,2007

Conventional wisdom says that people buy condominiums as "starter homes" and upgrade to a detached house later. Somehow, there is this idea that a condo isn't a "real" house. But what if the condo is really the right choice for you?A condo is a unique Read More...
Posted on June 11,2007

I'm back early from my vacation (sometimes, you just can't predict how kids will react to a trip) and I arrived to a new writing project from one of my favourite blogs, Middle Zone Musings. I read this blog purely for entertainment; I read a lot of other Read More...
Posted on June 8,2007

Gas prices are up. According to many sources, there's little or no chance that they will be coming down any time soon. I'm amazed; we haven't seen prices like this since Katrina, and yet there have been no severe weather events nor nasty earthquakes to Read More...
Posted on June 4,2007

The debate rages on. Should you view your house as a key to riches or a loss leader required to run a household? In an article from Motley Fool, author Robert Aronen calls your home the worst investment ever! I had to check out his reasoning.One of his Read More...
Posted on June 3,2007

Seems that interest rates have been on the rise for the past 3 weeks, according an article on Smart Money which lists the the most recent Freddie Mac numbers. The US national average on 30 year fixed rate mortgages was 6.42%. However, there's no need to Read More...
Posted on June 1,2007
Advertiser Links for mortgage