Lower Interest Rate
Us “old timers”, those of us over 50, should remember the old home loan refinance adage of “2-2-2″ . For those that don’t, let me briefly describe the prerequisites that were believed to be necessary before a mortgage would or should be refinanced. It went something like this: lower your [...]
They call it the Goldilocks economy - not too hot, not too cold. Just right, in fact, and you should be enjoying some of the best economic days of your life.
More evidence came down last week with the news Canadian unemployment had fallen to its lowest level in 24 years. Hundreds [...]
Forget the personal tax cuts in Paul Martin’s budget. Forget the end of bracket creep. Forget the spending increases on social programs. Forget 90% of the post-budget headlines, because there are only four things that really matter in what Ottawa has just done.
(1) Capital gains taxes [...]
by David Sands, Partner
Troop Mesinger Steuber & Pasich, LLP
After much anticipation, the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (FRB), Federal Deposit Insurance Company (FDIC), Office of Thrift Supervision (OTS) and National Credit Union Administration (NCUA) finally issued their proposed regulations on flood insurance. [...]
If you’ve been keeping up with the latest economic trends its likely that you’re wondering, like the rest of us, what’s going to happen to mortgage interest rates. Interest rates for home loans have risen in recent weeks. This is true. Will they keep going up and if so, what impact will [...]