Tony Proctor on negative savings rate
The bill will come due when housing stops appreciating, says Certified Financial Planner Tony Proctor.
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6 charged in collapse of Met Mortgage (Seattle Times) Federal regulators yesterday filed civil charges against six people for their roles in the collapse of Metropolitan Mortgage & Securities...read more...
FMF Capital Group Ltd. Reports Second Quarter Results and Announces... FMF Capital Group Ltd. Reports Second Quarter Results and Announces Suspension of November Dividend; Expects to Defer Interest for November TORONTO, Nov.read more...
Borrowers urged to fix rates now A report from Ulster Bank has said long-term interest rates are set to rise from 'record and unsustainable lows', with the ECB most likely to raise rates in the next
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Interest rate rise looking likely By JAMES WEIR Mortgage interest rates and the Kiwi dollar are going up because of a growing risk the Reserve Bank will lift official interest rates later this month.Commentread more...
What to Do With Your T-Bills? Q: DEAR BOB: I am 72. My wife is 65. We have $160,000 in three-month T-bills. Should we use that money to pay off our about $100,000 mortgage, at