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Thoughts

Thoughts and ideas on subjects.

You can learn a lot about a person or business on how they react to a situation

  • October 31, 2016
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Even if you have no interest in football I think there is lesson here that everyone can benefit from.

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Is paperwork a bad word when applying for a mortgage?

  • September 23, 2016
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It’s no secret that the mortgage industry requires an extensive amount of documentation needed to process a simple mortgage transaction. The frustrating part about it is a lot of the information presented is repetitive or redundant. Since mortgagesbycraig.com is one…

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Social experiment, most people are sheep.

  • August 31, 2016
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Here is a compelling experiment with people and how they react to their environment. It may be the reason why Canadians acquire so much debt; spending money they don’t have just because other people have made purchases.  

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Live a Rich Life with Less

  • April 6, 2016
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An interesting video of being rich with less.

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2 weeks ago

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Wishing you and your family a safe and happy Easter weekend! ... See MoreSee Less

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1 month ago

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Unless you are a professional rider trying to get a great photo there is no reason to look back. This applies to your business and your personal life. What happened yesterday or last year can’t be changed and dwelling on what happened only takes time and focus away from what you are doing today.Focus forward and be happier.wecreatehappiness.ca ... See MoreSee Less

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mortgagesbycraig.com

1 month ago

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I noticed an American mortgage broker, Chris Smith, discussing a situation that applies to us north of the border. Certainly worth sharing, here is what he said…Everyone is waiting for 3% rates, however here’s what actually happens when they drop.- Demand explodes overnight- Inventory disappears- Bidding wars return- You end up paying $75,000 or more for the same propertyThe better play would be to buy now in a buyers market at 4%, and if rates fall, refinance mid term or re-address at maturity. Unlike the fully amortized 30yr mortgages available in the USA, us Canadians have a little more flexibility with being able to shop our mortgage after the smaller 5, 4 or 3 year term. ... See MoreSee Less

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The Bank of Canada today said that they would be maintaining the overnight rate. Prime will remain at 4.45%. | mortgagesbycraig.com

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The Bank of Canada today said that they would be maintaining the overnight rate. Prime will remain at 4.45%. March 18, 2026 / Newsworthy At the second announcement of 2026 and the third in a row, the ...
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