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		<title>Real Estate Investments outperform stock market</title>
		<link>http://canadamortgagenews.ca/2012/05/24/real-estate-investments-outperform-stock-market/</link>
		<comments>http://canadamortgagenews.ca/2012/05/24/real-estate-investments-outperform-stock-market/#comments</comments>
		<pubDate>Thu, 24 May 2012 13:50:51 +0000</pubDate>
		<dc:creator>Steve Garganis</dc:creator>
				<category><![CDATA[Real Estate news]]></category>
		<category><![CDATA[real estate investment]]></category>
		<category><![CDATA[rental property]]></category>
		<category><![CDATA[stock market]]></category>

		<guid isPermaLink="false">http://canadamortgagenews.ca/?p=1122</guid>
		<description><![CDATA[Saw this article in the Financial Post over the weekend&#8230;  great stats about timing real estate investment&#8230;  There is a growing fear that interest rates will rise causing affordability to decline&#8230; Okay, for now, let&#8217;s say that we do except that the global and US economies will suddenly improve  and govts can then raise rates&#8230;. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=canadamortgagenews.ca&#038;blog=2319434&#038;post=1122&#038;subd=needamortgage&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html">SG</media:title>
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			<media:title type="html">stock market ride</media:title>
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		<item>
		<title>CMHC under OSFI control&#8230;. another kick in the rear to Canadians.</title>
		<link>http://canadamortgagenews.ca/2012/05/23/cmhc-under-osfi-control-another-kick-in-the-rear-to-canadians/</link>
		<comments>http://canadamortgagenews.ca/2012/05/23/cmhc-under-osfi-control-another-kick-in-the-rear-to-canadians/#comments</comments>
		<pubDate>Wed, 23 May 2012 18:08:57 +0000</pubDate>
		<dc:creator>Steve Garganis</dc:creator>
				<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Mortgage Trends]]></category>
		<category><![CDATA[canadian homeowners]]></category>
		<category><![CDATA[CMHC]]></category>
		<category><![CDATA[heloc]]></category>
		<category><![CDATA[OSFI]]></category>
		<category><![CDATA[personal debt]]></category>
		<category><![CDATA[personal debt level]]></category>
		<category><![CDATA[real-estate]]></category>
		<category><![CDATA[secured line of credit]]></category>

		<guid isPermaLink="false">http://canadamortgagenews.ca/?p=1107</guid>
		<description><![CDATA[CMHC&#8217;s MOVE TO OSFI CONTROL WILL BE A KICK IN THE BUTT TO ALL CANADIAN HOMEOWNERS. Is this what CMHC staff and Canadian homeowners are thinking?&#8230;.   That&#8217;s right, it could be OSFI head, Julie Dickson on one end, and that&#8217;s you and I on the receiving end! You&#8217;ve seen the headlines lately&#8230;.  &#8220;OSFI proposes [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=canadamortgagenews.ca&#038;blog=2319434&#038;post=1107&#038;subd=needamortgage&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://canadamortgagenews.ca/2012/05/23/cmhc-under-osfi-control-another-kick-in-the-rear-to-canadians/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">SG</media:title>
		</media:content>

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			<media:title type="html">ass kicking</media:title>
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		<item>
		<title>A complete overhaul of Mortgage Lending in Canada?</title>
		<link>http://canadamortgagenews.ca/2012/05/14/a-complete-overhaul-of-mortgage-lending-in-canada/</link>
		<comments>http://canadamortgagenews.ca/2012/05/14/a-complete-overhaul-of-mortgage-lending-in-canada/#comments</comments>
		<pubDate>Mon, 14 May 2012 16:12:51 +0000</pubDate>
		<dc:creator>Steve Garganis</dc:creator>
				<category><![CDATA[Mortgage Trends]]></category>
		<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Case study]]></category>
		<category><![CDATA[CMHC]]></category>
		<category><![CDATA[Housing affordability]]></category>
		<category><![CDATA[Minister of Finance]]></category>
		<category><![CDATA[Federal Government]]></category>
		<category><![CDATA[personal debt level]]></category>
		<category><![CDATA[OSFI]]></category>
		<category><![CDATA[mortgage arrears]]></category>
		<category><![CDATA[real-estate]]></category>
		<category><![CDATA[housing affordability index]]></category>

		<guid isPermaLink="false">http://canadamortgagenews.ca/?p=1114</guid>
		<description><![CDATA[  FED GOVT KEEPS TALKING ABOUT TIGHTENING MORTGAGE LENDING POLICIES But why?  Why does the govt believe there is a need for all this change?  That&#8217;s the question most industry insiders are asking.  Here are some facts with my thoughts mixed in&#8230;.  tell me if you see some contradiction between the different branches of the govt [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=canadamortgagenews.ca&#038;blog=2319434&#038;post=1114&#038;subd=needamortgage&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://canadamortgagenews.ca/2012/05/14/a-complete-overhaul-of-mortgage-lending-in-canada/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">SG</media:title>
		</media:content>

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			<media:title type="html">Flaherty and Harper</media:title>
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	</item>
		<item>
		<title>OSFI will now oversee CMHC&#8230;. lookout Canada&#8230;!</title>
		<link>http://canadamortgagenews.ca/2012/04/26/osfi-will-now-oversee-cmhc-lookout-canada/</link>
		<comments>http://canadamortgagenews.ca/2012/04/26/osfi-will-now-oversee-cmhc-lookout-canada/#comments</comments>
		<pubDate>Thu, 26 Apr 2012 18:23:24 +0000</pubDate>
		<dc:creator>Steve Garganis</dc:creator>
				<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[canada mortgage and housing corporation]]></category>
		<category><![CDATA[CMHC]]></category>
		<category><![CDATA[Jim Flaherty]]></category>
		<category><![CDATA[Minister of Finance]]></category>
		<category><![CDATA[mortgage rules]]></category>
		<category><![CDATA[OSFI]]></category>
		<category><![CDATA[secured line of credit]]></category>
		<category><![CDATA[superintendent of financial institutions]]></category>

		<guid isPermaLink="false">http://canadamortgagenews.ca/?p=1101</guid>
		<description><![CDATA[Canada&#8217;s Minister of Finance, Flaherty, surprised many today by tabling a budget bill with a major legislation change.   The bill would move Canada Mortgage and Housing Corporation (CMHC)  under the control of the Office of the Superintendent of Financial Institutions (OSFI).   This would also give the Minister of Finance even more control over CMHC.  Here&#8217;s [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=canadamortgagenews.ca&#038;blog=2319434&#038;post=1101&#038;subd=needamortgage&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://canadamortgagenews.ca/2012/04/26/osfi-will-now-oversee-cmhc-lookout-canada/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">SG</media:title>
		</media:content>

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			<media:title type="html">OSFI</media:title>
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			<media:title type="html">CMHC</media:title>
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	</item>
		<item>
		<title>$4k penalty on a $109k mortgage&#8230; $8k penalty on a $213k mortgage.</title>
		<link>http://canadamortgagenews.ca/2012/04/24/4k-penalty-on-a-109k-mortgage-8k-penalty-on-a-213k-mortgage/</link>
		<comments>http://canadamortgagenews.ca/2012/04/24/4k-penalty-on-a-109k-mortgage-8k-penalty-on-a-213k-mortgage/#comments</comments>
		<pubDate>Tue, 24 Apr 2012 20:55:24 +0000</pubDate>
		<dc:creator>Steve Garganis</dc:creator>
				<category><![CDATA[Money saving tips]]></category>
		<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Big Six Banks]]></category>
		<category><![CDATA[mortgage penalty]]></category>
		<category><![CDATA[prepayment penalties]]></category>
		<category><![CDATA[scotiabank mortgage penalty]]></category>
		<category><![CDATA[TD Bank mortgage penalty]]></category>

		<guid isPermaLink="false">http://canadamortgagenews.ca/?p=1099</guid>
		<description><![CDATA[This week I received a few more examples of the ridiculous penalty calculations that the BIG SIX Banks have been using&#8230;  If these penalties don&#8217;t scare you, then continue to deal with the BIG SIX. One client has a mortgage with Scotiabank&#8230;.$109k balance with a 3.60% interest rate and 3 yrs remaining&#8230; her penalty to [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=canadamortgagenews.ca&#038;blog=2319434&#038;post=1099&#038;subd=needamortgage&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://canadamortgagenews.ca/2012/04/24/4k-penalty-on-a-109k-mortgage-8k-penalty-on-a-213k-mortgage/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
	
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			<media:title type="html">SG</media:title>
		</media:content>

		<media:content url="http://needamortgage.files.wordpress.com/2011/09/banksters.jpg?w=300" medium="image">
			<media:title type="html">Banksters</media:title>
		</media:content>
	</item>
		<item>
		<title>$24,000 and $19,000 in savings by refinancing their mortgages.</title>
		<link>http://canadamortgagenews.ca/2012/04/19/24000-and-19000-in-savings-by-refinancing-their-mortgages/</link>
		<comments>http://canadamortgagenews.ca/2012/04/19/24000-and-19000-in-savings-by-refinancing-their-mortgages/#comments</comments>
		<pubDate>Thu, 19 Apr 2012 17:59:12 +0000</pubDate>
		<dc:creator>Steve Garganis</dc:creator>
				<category><![CDATA[Case study]]></category>
		<category><![CDATA[Money saving tips]]></category>
		<category><![CDATA[breaking my mortgage]]></category>
		<category><![CDATA[mortgage penalty]]></category>
		<category><![CDATA[mortgage refinances]]></category>
		<category><![CDATA[prepayment penalties]]></category>
		<category><![CDATA[refinancing]]></category>
		<category><![CDATA[save on your mortgage]]></category>

		<guid isPermaLink="false">http://canadamortgagenews.ca/?p=1094</guid>
		<description><![CDATA[We&#8217;ve seen a growing trend lately&#8230; Customers calling to find out if there was any way to take advantage of today&#8217;s record low rates&#8230;..   If you are buying for the first time or are renewing a mortgage, then the answer is simple&#8230; YES..  But what if you are one of the thousands of Canadians that [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=canadamortgagenews.ca&#038;blog=2319434&#038;post=1094&#038;subd=needamortgage&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://canadamortgagenews.ca/2012/04/19/24000-and-19000-in-savings-by-refinancing-their-mortgages/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">SG</media:title>
		</media:content>

		<media:content url="http://needamortgage.files.wordpress.com/2010/02/no-mortgage.jpg" medium="image">
			<media:title type="html">No Mortgage</media:title>
		</media:content>
	</item>
		<item>
		<title>Bank of Canada suggests rate hikes soon&#8230;</title>
		<link>http://canadamortgagenews.ca/2012/04/18/bank-of-canada-suggests-rate-hikes-soon/</link>
		<comments>http://canadamortgagenews.ca/2012/04/18/bank-of-canada-suggests-rate-hikes-soon/#comments</comments>
		<pubDate>Wed, 18 Apr 2012 22:00:34 +0000</pubDate>
		<dc:creator>Steve Garganis</dc:creator>
				<category><![CDATA[Interest rates]]></category>
		<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Mortgage Rates]]></category>
		<category><![CDATA[Bank of Canada]]></category>
		<category><![CDATA[bank of canada rate]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[personal debt level]]></category>
		<category><![CDATA[TD economist]]></category>

		<guid isPermaLink="false">http://canadamortgagenews.ca/?p=1092</guid>
		<description><![CDATA[The Bank of Canada met on Tuesday for the 3rd of eight scheduled meetings this year to set the Bank of Canada rate.  As expected, no rate change&#8230; But there were some language in the meeting that suggests we could start to see rates go up as early as this year&#8230;. here&#8217;s an article from [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=canadamortgagenews.ca&#038;blog=2319434&#038;post=1092&#038;subd=needamortgage&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://canadamortgagenews.ca/2012/04/18/bank-of-canada-suggests-rate-hikes-soon/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">SG</media:title>
		</media:content>

		<media:content url="http://needamortgage.files.wordpress.com/2010/05/mark-carney.jpg" medium="image">
			<media:title type="html">Mark Carney</media:title>
		</media:content>
	</item>
		<item>
		<title>Flaherty is, isn&#8217;t, is, isn&#8217;t changing mortgage rules?</title>
		<link>http://canadamortgagenews.ca/2012/04/11/flaherty-is-isnt-is-isnt-changing-mortgage-rules/</link>
		<comments>http://canadamortgagenews.ca/2012/04/11/flaherty-is-isnt-is-isnt-changing-mortgage-rules/#comments</comments>
		<pubDate>Wed, 11 Apr 2012 18:00:29 +0000</pubDate>
		<dc:creator>Steve Garganis</dc:creator>
				<category><![CDATA[Interest rates]]></category>
		<category><![CDATA[Money saving tips]]></category>
		<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Mortgage Trends]]></category>
		<category><![CDATA[CMHC]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Jim Flaherty]]></category>
		<category><![CDATA[Minister of Finance]]></category>
		<category><![CDATA[mortgage rules]]></category>
		<category><![CDATA[personal debt level]]></category>

		<guid isPermaLink="false">http://canadamortgagenews.ca/?p=1075</guid>
		<description><![CDATA[So which report do you want to believe&#8230;.?  2 separate reports&#8230; both from April 10, 2012.     We have Reuter&#8217;s reporting that Canada&#8217;s Finance Minister Flaherty, isn&#8217;t making any changes to mortgage rules&#8230;.  Click here for their report.   Here&#8217;s a quote from the article &#8220;I have no present plans to intervene in the housing [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=canadamortgagenews.ca&#038;blog=2319434&#038;post=1075&#038;subd=needamortgage&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://canadamortgagenews.ca/2012/04/11/flaherty-is-isnt-is-isnt-changing-mortgage-rules/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://0.gravatar.com/avatar/2dad69cfd86b3b65ddea741a6dea5477?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">SG</media:title>
		</media:content>

		<media:content url="http://needamortgage.files.wordpress.com/2010/03/jim-flaherty.jpg" medium="image">
			<media:title type="html">Jim Flaherty</media:title>
		</media:content>

		<media:content url="http://needamortgage.files.wordpress.com/2012/04/flaherty-eyes-closed.jpg" medium="image">
			<media:title type="html">Flaherty eyes closed</media:title>
		</media:content>

		<media:content url="http://needamortgage.files.wordpress.com/2012/04/flaherty-i-dont-know1.jpg" medium="image">
			<media:title type="html">Flaherty i don&#039;t know</media:title>
		</media:content>

		<media:content url="http://needamortgage.files.wordpress.com/2012/04/flaherty-thumbs-up.jpg" medium="image">
			<media:title type="html">Flaherty thumbs up</media:title>
		</media:content>
	</item>
		<item>
		<title>A change of strategy&#8230; Fixed rates&#8230; 5yr or 10 yr?</title>
		<link>http://canadamortgagenews.ca/2012/04/10/a-change-of-strategy-fixed-rates-5yr-or-10-yr/</link>
		<comments>http://canadamortgagenews.ca/2012/04/10/a-change-of-strategy-fixed-rates-5yr-or-10-yr/#comments</comments>
		<pubDate>Tue, 10 Apr 2012 16:24:40 +0000</pubDate>
		<dc:creator>Steve Garganis</dc:creator>
				<category><![CDATA[Interest rates]]></category>
		<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Mortgage Tips]]></category>
		<category><![CDATA[Mortgage Trends]]></category>
		<category><![CDATA[Rate forecast]]></category>
		<category><![CDATA[10 year fixed rate]]></category>
		<category><![CDATA[5 year fixed rate]]></category>
		<category><![CDATA[5 year vs 10 year fixed rate]]></category>
		<category><![CDATA[Historical rates]]></category>
		<category><![CDATA[mortgage strategy]]></category>
		<category><![CDATA[Variable rate]]></category>
		<category><![CDATA[variable rate mortgage]]></category>

		<guid isPermaLink="false">http://canadamortgagenews.ca/?p=1062</guid>
		<description><![CDATA[For years, I have recommended Variable rate mortgages over Fixed rates.   The reasons are simple: Variable rate outperformed Fixed rates in over 88% of the time. You could lock into a Fixed rate at anytime should interest rates go up. you could exit the product at anytime with a maximum 3 month interest rate penalty [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=canadamortgagenews.ca&#038;blog=2319434&#038;post=1062&#038;subd=needamortgage&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://canadamortgagenews.ca/2012/04/10/a-change-of-strategy-fixed-rates-5yr-or-10-yr/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://0.gravatar.com/avatar/2dad69cfd86b3b65ddea741a6dea5477?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">SG</media:title>
		</media:content>

		<media:content url="http://needamortgage.files.wordpress.com/2010/09/percentage.jpg" medium="image">
			<media:title type="html">percentage</media:title>
		</media:content>
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		<item>
		<title>Govt to cut Secured lines of credit to 65% loan to value&#8230;</title>
		<link>http://canadamortgagenews.ca/2012/04/07/govt-to-cut-secured-lines-of-credit-to-65-loan-to-value/</link>
		<comments>http://canadamortgagenews.ca/2012/04/07/govt-to-cut-secured-lines-of-credit-to-65-loan-to-value/#comments</comments>
		<pubDate>Sat, 07 Apr 2012 16:44:47 +0000</pubDate>
		<dc:creator>Steve Garganis</dc:creator>
				<category><![CDATA[Consumer Debt]]></category>
		<category><![CDATA[Mortgage News]]></category>
		<category><![CDATA[Mortgage Products]]></category>
		<category><![CDATA[Mortgage Trends]]></category>
		<category><![CDATA[65% ltv heloc]]></category>
		<category><![CDATA[borrowing to invest]]></category>
		<category><![CDATA[heloc]]></category>
		<category><![CDATA[home equity lines]]></category>
		<category><![CDATA[OSFI]]></category>
		<category><![CDATA[secured line of credit]]></category>

		<guid isPermaLink="false">http://canadamortgagenews.ca/?p=1064</guid>
		<description><![CDATA[Thursday&#8217;s speech by OSFI head, Julie Dickson, at the Toronto Board of Trade, indicates it&#8217;s a done deal.  Secured lines of Credit will be capped to a maximum 65% of the value of your home.  &#8220;&#8230;the guideline does set out some firm rules that all institutions will need to adhere to – specifically that home [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=canadamortgagenews.ca&#038;blog=2319434&#038;post=1064&#038;subd=needamortgage&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
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			<media:title type="html">SG</media:title>
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