I know we’re still into the end of Summer and it is still September – but October is not really far-off, which is Fire-Safety month. Here is a good overview on the subject of fire-safety (be sure to read all four (4) pages: http://www.consumerreports.org/cro/co-and-smoke-alarms/buying-guide.htm Here, also is a visual representation of overall fire-losses and their sources, as we’re all about Safety First:

As the average age of our Canadian population gets older (currently Canada has over 5 million people over 65 yrs old)*, it is no doubt that you or your loved one may be faced with growing concerns about the ability to live life without financial constraints or difficulties.

In Canada we have an extremely low foreclosure rate compared with other parts of the world. By most estimates we currently hover at around 0.30%. The US is closer to 1.2%, and Greece is hitting as high as 33%.

Credit our tightly regulated lending environment for that rate not rising past 0.40%, even during the 2009 economic crisis.

As discussed previously, when it comes to choosing a mortgage, it does not always come down to the rate.

The question I hear most people focus on these days is “What is your lowest rate?” Although the rate is important, it is just one aspect of a mortgage – there are other aspects of a mortgage that are just as important.