Not All Heros Wear Capes
In our non-stop, 24-7 world, it has become too easy to quickly move on to the next task and forget to
stop and enjoy what we have achieved. But if you ignore your successes you miss the opportunity to strengthen your own personal brand. Why is this important? Your brand is how others will perceive and feel about you. It does impact your success and as a result will affect your financial and career achievements.
So before you start laying out your new goals for the upcoming year. Take the time to celebrate the positives and be grateful for what you have accomplished. It is a new year and we are all starting at zero.
With the strengthening of the US economy and the dropping price of oil, pressure was put on mortgage rates to drop. This squeezed the Bank of Canada into making two unexpected rate cuts last year. Although the full benefit of the rate drop was not passed on to the consumer by lenders. Cheaper money is always welcome.The Canadian Press reports that Royal Bank of Canada mortgages will be increasing. Five Year fixed rate special will increase to 3.04% and Variable rate
The Canadian Press reports that Royal Bank of Canada mortgages will be increasing. Five Year fixed rate special will increase to 3.04% and Variable rate five-year mortgage by .15%. Hopefully, the other Institutions will not fall in line. I think this may have something to do with the new CMHC regulations taking effect Feb-15th and they are capitalizing on the rush of consumers getting qualified before the change.
Five-year fixed rates are still floating between 2.64% and 2.79%. Five-year variable rates can still be found at Prime (2.70%) minus .40% and .30% or 2.30% and 2.40%.
Prospect, Prospect, Prospect and when you are too tired to do anything else... Prospect.
Posted by James McNeill
on January 7, 2016