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8h
(edited)
Refinancing Your Home: When and How to Use a Mortgage Broker
Refinancing your home can be a great way to save money on the total cost of ownership and lower your monthly mortgage payments. When it…
6d
Inflation is slowing in Canada - Finally
We got the February inflation data. And everyone agreed and was happy that the inflation is slowing as expected. This is the first time…
8d
Indebtedness; It's not a good look on your finances.
I read (though from an unsophisticated source) that 'debt enslaves people'. Lolz... I felt personally attacked by that statement.…
16d
The SVB Fiasco and the Potential Impact on Rising Interest Rates
All HIVIANS out there must be happy that BTC is pumping hard and looking to reach the next leg up at 30K at the time of writing this post.…
21d
NO Rate Hikes - Bank of Canada
This is the first time that the Bank of Canada decided to not hike the interest rate. That is a pretty significant policy change. But, it…
1 mo
LeoGlossary: Nonrecourse Loan
How to get a Hive Account A loan that is secured with a pledge of collateral , but for which the borrower is not personally…
1 mo
News and Opinion: February 16, 2023. Household Debt at 16.9 Trillion US Dollars
The total household debt grew 2.4% in the last quarter of 2022 to 16.9 trillion US$. Mortgages. They stand now at 11.92 trillion…
1 mo
No More Mortgages - Getting Rid of Evil On Our Planet
Definition: Mortgage - (french) Death Note Or, you will pay until you are dead. Why do we allow such things to exist? Well, the FED…
2 mo
(edited)
How many ounces of gold will you need to pay off your mortgage?
Here's a fun experiment - let's work out how much gold you would need to pay off your mortgage if the sh1t really hit the fan and your…
2 mo
Brace for another rate hike - Bank of Canada decides
It’s that time of the month again when the Bank of Canada (BOC) decides if there will be a policy rate hike or not. Looks like there is…
2 mo
LeoGlossary: Is Fixed Rate Lending Beneficial to Both Parties?
A loan is a sum of money that the lender lends to the borrower, and loans with fixed rates mean that the calculation will remain the same…
3 mo
The D-Day. Bank of Canada increases the rate by 50 basis point
Eventually, it happened. I have posting my frustration with these hikes on @leofinance for the last couple of days. As expected, the Bank…
3 mo
Central Bankers don't (always) know what they are doing
With the series of posts on central banks and the interest rates, I may sound like a maniac. That's partly true as this is the first time…
3 mo
The Bank of Canada (BoC) raising rates on December 7
It is that time of the month again. The Bank of Canada is raising its primary interest rate again. There is no question around whether…
4 mo
What Are The Budgeting and Saving Hints To Follow When Paying A Mortgage?
Unravelling some of the ways to spend slighter money is regarded as one of the most tough time in personal finance. This is mainly vital…
4 mo
Concept: November 11, 2022. Household Debt in the United States is at 16.15 trillion US$
As we saw in a previous post , the total US debt stands at 93 trillion US$. Once component of this debt is the household debt, which is…
4 mo
News: November 5, 2022. The 30-Year Fixed-Rate Mortgage Averaged 6.95%. It Continues to Increase
The Primary Mortgage Market Survey® (PMMS®), ( reference ) showed that the 30-year fixed-rate mortgage (FRM) averaged 6.95% last week as…
5 mo
U.S. mortgage interest rates jump to 7.16%, highest since 2001 - what's the implication on households in the US?
Greetings to my esteemed Lions on the LeoFinance ecosystem and the entire hive blockchain. It's another day and time to share with you…
5 mo
Should You Buy a House or Rent this 2022?
An average person would dream of one day having their own home under their name. When I started to join the corporate ladder a decade ago…
5 mo
LeoGlossary: Mortgage Life Insurance
How to get a Hive Account As the name implies, mortgage life insurance is a policy that pays off the balance of your…