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Tag Archives: Money Rates

How To Help Your Teenager Become Financially Responsible

by William Blake It’s hard to teach teenagers something that they don’t think they already know. Parents are seen as ignorant of what is important to them. Despite what they think, however, parents do know about money and the consequences of using it unwisely. Show them what you know by teaching them a few things [...]

How To Help Your Teenager Become Financially Responsible

by William Blake Teenagers tend to think that they know everything already, and often consider their parents to be clueless about what really matters to them. Such erroneous beliefs are not true, since parents are well aware of the dangers of poor financial decisions. Parents can and should teach their teenagers quite a bit about [...]

If Mortgage Rates Can Fall Through the “floor” of the Prime Rate.what Else is Under the Floor?

The House Team Of Mortgage Intellingence asked: “Lower than prime,” you heard someone say. Like most Canadians, you were probably first skeptical and then confused. We tend to think of the prime lending rate as the invisible “floor” of lending rates. The very best customers can get very close to that floor. It is theoretically [...]