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Preet Banerjee

Marketers are increasingly using scents to influence our buying decisions

Investor Clinic

People who have money but can’t bring themselves to spend it: more common than you think

In Pictures

Home Buying: What you get for $200,000

LOWER JORDAN BAY: 3421 Sandy Point Rd, Lower Jordan Bay, NS, B0T 1W0
Asking price: $205,000
This two-storey country estate with deeded ocean access has five bedrooms, two bathrooms and a detached garage.

Canadian house hunters might be surprised to see what's listed on MLS for $200,000 or less

The economics of housing

How are housing markets in Calgary, Montreal and Ottawa holding up?

Vancouver home

As with the other large Canadian cities, resale prices have gotten a bit ahead of themselves, says Ben Rabidoux

Decoding the mortgage market

Expensive housing? Not by a 20-year comparison

Interest rates falling on a house.

Despite soaring home prices, low rates have kept houses affordable. But that could soon change, says Rob McLister

Savings Rate & GIC Comparison Tool

All Financial Institutions   Banks and Trusts  
Bank or Trust Interest Rate Minimum Deposit Features
MonCana Bank of Canada 2.10% $5,000  
Bank West 2.05% $5,000  
Effort Trust 2.05% $5,000  
Pacific & Western Bank 1.86% $1,000  
Home Trust Company 1.85% $5,000  

Rates are provided by Cannex as of May 24, 2012. They reflect the top rates from the institutions selected, however specific features may vary, so see each institution for product details. Features are sponsored. Projected earnings are calculated by Globe Investor to reflect the payments over the whole term of the GIC.

See full listings for all financial institutions
Bank or Trust Interest Rate Minimum Deposit Interest Earned
MonCana Bank of Canada 2.10% $5,000 $105.00
Bank West 2.05% $5,000 $102.50
Effort Trust 2.05% $5,000 $102.50
Pacific & Western Bank 1.86% $1,000 $93.00
Home Trust Company 1.85% $5,000 $92.50

Rates are provided by Cannex as of May 24, 2012. They reflect the top rates from the institutions selected, however specific features may vary, so see each institution for product details. Features are sponsored. Projected earnings are calculated by Globe Investor to reflect the payments over the whole term of the GIC.

See full listings for all financial institutions

Mortgages

Housing

Mortgage brokers warn about new refinancing rules

Queens Drive in the Toronto community of Weston. Currently, when mortgages come up for renewal, banks tend to focus on the payment history instead of the homeowner's current income.

Banking regulator wants homeowners’ employment status and current income be rechecked before loan renewals are approved

Let's Talk Investing

Why you should consider a 10-year fixed mortgage

Mortgage

Why are 10-year mortgages are being talked about now when not too long ago they were ignored?

Carrick's Reader

The rentership society

Rob Carrick rounds up the best in personal finance reading on the Web

Commentary & Features

Smart cookies

Create a home reno budget that works

Whip up a solid plan and realistic budget before you get cracking on renovations

More from Smart Cookies
Tax Matters

Tips and traps when tapping the Bank of Mom and Dad

Giving money to your kids generally won't invite scrutiny from the taxman, but lending them funds can be more complex

More from Tax Matters

Car loan payment

See how much your car payment will be based on the amount borrowed, interest rate, payment frequency and term. You can create and compare two loan payment scenarios.

Household Finances

Home Cents

Living frugally in your 20s: Five tips

Penny-pinching might not seem sexy, but it’s a lot sexier than getting snowed under by debt

More from Home Cents
Personal Finance

Tell us: Where do you keep your money?

canadian money

After a run on Greek banks rattled savers in Athens, we were intrigued: Where do you stash your money?

More from Household Finances
home buying

Vote: If I could buy my dream home, what would it be?

What would you look for in your dream home?

If you could buy anything at all, what would you be looking for and how much would you spend?

More from Home Buying

Retirement & RRSPs

Financial Facelift

Mortgage? RESPs? Get a grip on which comes first

Alberta couple want to pay off the mortgage as fast as possible and wonder if this is the right approach

Retirement

Debt freedom trumps lifestyle in retirement dreams

Only good health beat out debt freedom on homeowners’ retirement wish list

Financial Facelift

It’s all about priorities for would-be retiree

Rebecca has amassed a tidy nest egg, but low interest rates and stock market gyrations have left her feeling pessimistic about her investments.

Rebecca doesn’t have to look for another job at 63, but it would provide her with some financial ‘wiggle room’

Advanced investing

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