From Green Business Bureau
Some Friday afternoon reading to make you smile and look at things a little differently: Can Eco-Friendly Cars be Manly? | Green Business Bureau.
“The term hybrid car leads one to envision a tiny compact car with little horsepower and a boxy exterior. However, many car companies are stepping forward and working hard to produce a tough guy’s hybrid sports car. “ Continue reading…
Retirement in Canada: How much is enough?
“Every Canadian needs $2-million in RRSP contribution room to achieve parity with public-sector defined benefit pension plans, the C.D. Howe Institute says.
As things stand, the system punishes those with defined-contribution pensions in the private sector and those who rely on what little RRSP room is granted them, says James Pierlot, principal with Toronto-based Pierlot Pension Law.”
Read more: Canada urged to end ‘pension apartheid’ | RRSP | Personal Finance | Financial Post.
XCEED Must Reads are articles, stories and pieces of information that are so informative and useful that we want to pass them on because, well, we couldn’t have said it better ourselves! It’s our nod to all the creative people sharing ideas and opportunities out here on the world wide web. Thank you.
Up first…
…check out this new MoneySense article by Gail Vaz-Oxlade: 3 Easy Ways to Save on Your Mortgage
| 3-Year Closed | 5-Year Closed | 1-Year Open | ||
|---|---|---|---|---|
XCEED AAA XTRAGREEN | 2.84% | 3.04% | 6.25% | |
XCEED Super PRIME | 2.64% | 2.87% | N/A | |
XCEED Simplicity | N/A | 2.87% | N/A | |
XCEED PRIME Conventional | LTV < 65% | 2.84% | 2.99% | N/A |
| LTV 65%-75% | 2.84% | 3.04% | N/A | |
Rates shown current as of February 28, 2013, subject to change without notice at any time (120 day rate hold). Annual Percentage Rate (APR) means the cost of borrowing for a mortgage expressed through the interest rate including all charges related to the mortgage. APR is based on a $ 150,000 mortgage for the applicable term. The annual interest rate and APR are normally the same as XCEED does not charge fees on mortgages. Rate premium of 50 bps is added for higher risk applications such as but not limited to ex-bankrupts/consumer proposals and BFS Simplified. XCEED Prime Conventional not eligible for XCEED XTRAGREEN™, XCEED PREP™ or XCEED RRSP Mortgages or to BFS or rental property mortgages. Rate premium will apply to PRIME Conventional mortgages where amortization is more than 25 years. (E&O) |
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