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Mortgage approvals down by a fifth

The number of mortgage approvals made to home buyers slid by a fifth in November compared with the same month last year as a “sharp chill” set into the housing market, banks have reported.

Radian Announces Agreement to Sell Financial Guaranty Subsidiary to Assured Guaranty

Radian Guaranty Inc., the mortgage insurance subsidiary of Radian Group Inc. , announced today that it has entered into a Stock Purchase Agreement to sell 100% of the issued and outstanding shares of Radian Asset Assurance Inc., Radian’s financial guaranty insurance subsidiary, to Assured Guaranty Corp., a subsidiary of Assured Guaranty Ltd.

Mortgage first, RRSP later: A personal story

Judging by the barrage of Registered Retirement Savings Plan (RRSP) information you would think making a contribution before the March 3rd deadline is a slam dunk no matter who you are. The truth is; it doesn’t make sense for a … Continue reading →

Medicare Patient Skips Mortgage to Cope With $20,000 Bill

William Piorun, a 65-year-old self-employed car parts supplier, stands with this wife Robin outside their home in Kintnersville, Pennsylvania. Close William Piorun, a 65-year-old self-employed car parts supplier, stands with this wife…