David Yeoman's (daveyeoman) Blog

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Mortgage and Lending - Mortgage Intelligence Inc. (David Yeoman)
RECENT BLOG POSTS
I received delivery of my leg lamp today and was reminded of two great lines from the movie "A Christmas Story"  (as you can see I am in a Christmas sort of mood already)FRAAAGIIILEEE, must be Italian "It's, it's a major award"If you know the movie then you already know about the leg lamp.  (it i...
11/29/2007
Canada's sub-prime market will experience more blows in the coming months as a result of the US credit crunch, but the effects won't be permanent, predicts Ben Tal, senior economist with CIBC World Markets.In an interview with CMP, Tal admits the US market's effect on Canada was greater than he i...
11/22/2007
Canada's real estate scene is showing no sign of the weakness sweeping through the U.S. market, as sales and prices continue to rise.The average resale price in 24 major markets jumped $5,000 from September to October, to $333,544, according to figures from the Canadian Real Estate Association (C...
11/21/2007
 Kitchens across the United States will soon fill with the aroma of roasting turkey, and other savory delights for the traditional feast of Thanksgiving.  And all of us will set aside our daily, individual lives to celebrate and give thanks together.Although Thanksgiving remains rooted in its ori...
11/20/2007
Loonie loses ground in wake of Dodge statements to The Canadian Press TORONTO - The Canadian dollar lost some ground this morning after Bank of Canada governor David Dodge raised the possibility of an economy-boosting interest rate cut during the weekend.The currency declined 0.65 of a cent to 10...
11/19/2007
Whether you do it to improve safety, save energy, add more comfort or simply to enjoy a fresh new look, renovating has never been more popular.According to CMHC's 2007 Renovation and Home Purchase Report, last year more than $17.3 billion was spent on home renovations. In 2007, 46 per cent of hom...
11/11/2007
It was called to my attention earlier today that there are a few very powerful tributes to Canadian Soldiers posted on uTube and I thought given that Remembrance Day is soon upon us that I would pass along the hyper-links and share these with you. Canadian Forces Tribute:    http://www.youtube.co...
11/09/2007
Canadian Association of Accredited Mortgage Professionals survey shows longer amortization and flexible terms keep mortgage industry buoyantThe vast majority of Canadians (81 per cent) are happy with the terms of their mortgages thanks in large measure to "good interest rates" and longer amortiza...
11/08/2007
Ontario home starts moved lower for the first time in four months in October. The Seasonally Adjusted Annual Rate (SAAR) of urban* starts dropped to 54,200 units, down from 78,100 unit starts registered in September.Residential construction was pulled lower largely by the multi-family home segmen...
11/08/2007
You may have heard and read a lot about the (U.S. Version) of the FICO Score and how it will impact your credit.  Outlined below are the details unique to Canadian borrowers and how you can improve your score and in turn save yourself thousands of dollars in interest charges.  The credit score, a...
11/07/2007
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