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	<title>Leo Lee»  :: Real Estate Financing Expert – Leo Lee</title>
	
	<link>http://www.leolee.ca</link>
	<description>Weblog of a real estate financing professional</description>
	<lastBuildDate>Wed, 08 Dec 2010 23:36:57 +0000</lastBuildDate>
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		<title>Bond Yields is Rising</title>
		<link>http://www.leolee.ca/mortgages/bond-yields-is-rising/</link>
		<comments>http://www.leolee.ca/mortgages/bond-yields-is-rising/#comments</comments>
		<pubDate>Wed, 08 Dec 2010 23:36:57 +0000</pubDate>
		<dc:creator>LeoLee</dc:creator>
				<category><![CDATA[Canadian Economy]]></category>
		<category><![CDATA[Interest Rates in Canada]]></category>
		<category><![CDATA[Mortgages in Canada]]></category>
		<category><![CDATA[bond yields]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[canada government]]></category>
		<category><![CDATA[economic capacity]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[excess money]]></category>
		<category><![CDATA[finances]]></category>
		<category><![CDATA[government bond]]></category>
		<category><![CDATA[inflation]]></category>
		<category><![CDATA[inflation expectations]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[money demand]]></category>
		<category><![CDATA[opportunity costs]]></category>
		<category><![CDATA[qe2]]></category>
		<category><![CDATA[return expectations]]></category>
		<category><![CDATA[Wall Street]]></category>

		<guid isPermaLink="false">http://www.leolee.ca/?p=1160</guid>
		<description><![CDATA[Some of you, like me, may be pleased to note that the 5-year Canada Government Bond closed at 2.495% earlier this afternoon, an increase of 3.02%.  In fact bond yields have been rising since mid-October, when the second round of quantitative easing (QE2 &#8211; No Virginia, that is not a ship) was implemented by the US Fed. [...]]]></description>
		<wfw:commentRss>http://www.leolee.ca/mortgages/bond-yields-is-rising/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>CREA Cartel not Broken Yet</title>
		<link>http://www.leolee.ca/real-estate-in-canada/crea-cartel-not-broken-yet-2/</link>
		<comments>http://www.leolee.ca/real-estate-in-canada/crea-cartel-not-broken-yet-2/#comments</comments>
		<pubDate>Wed, 08 Dec 2010 22:39:04 +0000</pubDate>
		<dc:creator>LeoLee</dc:creator>
				<category><![CDATA[Real Estate in Canada]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[competition bureau]]></category>
		<category><![CDATA[consumers]]></category>
		<category><![CDATA[CREA]]></category>
		<category><![CDATA[mls]]></category>
		<category><![CDATA[multiple listing service]]></category>
		<category><![CDATA[real estate agents]]></category>
		<category><![CDATA[real estate association]]></category>
		<category><![CDATA[real estate boards]]></category>

		<guid isPermaLink="false">http://www.leolee.ca/?p=1103</guid>
		<description><![CDATA[Buying or selling a house is a big deal.  Most people thus seek expert advice and assistance.  That advice comes mainly from real estate agents, who are represented by the Canadian Real Estate Association (CREA).  Until now, however, the system has been designed to serve agents, and the brokers who employ them, at the expense [...]]]></description>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Canada’s Balance Sheet &amp; Economic Advantages Mitigate Household Debt Risks</title>
		<link>http://www.leolee.ca/mortgages/canadas-balance-sheet-economic-advantages-mitigate-household-debt-risks/</link>
		<comments>http://www.leolee.ca/mortgages/canadas-balance-sheet-economic-advantages-mitigate-household-debt-risks/#comments</comments>
		<pubDate>Fri, 05 Nov 2010 21:17:43 +0000</pubDate>
		<dc:creator>LeoLee</dc:creator>
				<category><![CDATA[Canadian Economy]]></category>
		<category><![CDATA[Mortgages in Canada]]></category>
		<category><![CDATA[Real Estate in Canada]]></category>
		<category><![CDATA[personal finance]]></category>
		<category><![CDATA[canadian economy]]></category>
		<category><![CDATA[canadian household]]></category>
		<category><![CDATA[canadian households]]></category>
		<category><![CDATA[consumers]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[debt leverage]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[household debt]]></category>
		<category><![CDATA[housing market]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[real estate]]></category>

		<guid isPermaLink="false">http://www.leolee.ca/?p=1147</guid>
		<description><![CDATA[Today, the Scotia Bank released its latest Economic Special Report.  See below.  It&#8217;s worth a read.  However, I think the report is unduly optimistic.  Read between the lines in the section on Households.  I am not that reassured.  I think Canadian households will have to continue to trim back in order to handle interest rates [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>CIBC Weekly Market Insight Sept 24, 2010</title>
		<link>http://www.leolee.ca/interest-rates-in-canada/cibc-weekly-market-insight-sept-24-2010/</link>
		<comments>http://www.leolee.ca/interest-rates-in-canada/cibc-weekly-market-insight-sept-24-2010/#comments</comments>
		<pubDate>Tue, 28 Sep 2010 18:25:49 +0000</pubDate>
		<dc:creator>LeoLee</dc:creator>
				<category><![CDATA[Canadian Economy]]></category>
		<category><![CDATA[Interest Rates in Canada]]></category>
		<category><![CDATA[Bank of Canada]]></category>
		<category><![CDATA[Canadian dollar]]></category>
		<category><![CDATA[canadian economy]]></category>
		<category><![CDATA[canadian exports]]></category>
		<category><![CDATA[consumers]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[domestic economy]]></category>
		<category><![CDATA[government spending]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[loonie]]></category>

		<guid isPermaLink="false">http://www.leolee.ca/?p=1038</guid>
		<description><![CDATA[The Canadian economic recovery didn't play out as advertised.  While we did see a spike late last year and early 2010, the momentum has faded lately, largely as a result of a strong C$ and a softening US economy.  On the interest rate front, the Bank of Canada will, at some point, resume normalizing interest rates next year, but at a very slow pace, given the slow growth, soft inflation picture.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Merix Financial Mortgage Program for Non-owner Occupied Rental Properties</title>
		<link>http://www.leolee.ca/mortgages/merix-financial-mortgage-program-for-non-owner-occupied-rental-properties/</link>
		<comments>http://www.leolee.ca/mortgages/merix-financial-mortgage-program-for-non-owner-occupied-rental-properties/#comments</comments>
		<pubDate>Sat, 18 Sep 2010 18:58:18 +0000</pubDate>
		<dc:creator>LeoLee</dc:creator>
				<category><![CDATA[Mortgages in Canada]]></category>
		<category><![CDATA[basement suite]]></category>
		<category><![CDATA[british columbia canada]]></category>
		<category><![CDATA[canadian economy]]></category>
		<category><![CDATA[credit score]]></category>
		<category><![CDATA[genworth]]></category>
		<category><![CDATA[independent mortgage broker]]></category>
		<category><![CDATA[leo lee]]></category>
		<category><![CDATA[merix financial]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[mortgage agent]]></category>
		<category><![CDATA[mortgage broker in Victoria BC]]></category>
		<category><![CDATA[mortgage plan]]></category>
		<category><![CDATA[mortgage program]]></category>
		<category><![CDATA[mortgage rates]]></category>
		<category><![CDATA[personal finance]]></category>
		<category><![CDATA[real estate financing]]></category>
		<category><![CDATA[rental deals]]></category>
		<category><![CDATA[rental properties]]></category>
		<category><![CDATA[victoria british columbia]]></category>
		<category><![CDATA[victoria british columbia canada]]></category>

		<guid isPermaLink="false">http://www.leolee.ca/?p=1018</guid>
		<description><![CDATA[Merix Financial now offers Genworth-insured financing for non-owner-occupied rental properties. The details: Maximum loan-to-value: 80% Credit score: 640 minimum Maximum TDS: 40% (excluding heat) Rental Income: 80% rental offset on all rents Pre-approvals: Yes! It’s rare to see 80% rental offset for all rental income from all properties. The majority of lenders allow only a 50-80% add-back on rental income, [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Centenarians</title>
		<link>http://www.leolee.ca/victoria-bc/centenarians/</link>
		<comments>http://www.leolee.ca/victoria-bc/centenarians/#comments</comments>
		<pubDate>Sat, 18 Sep 2010 03:00:03 +0000</pubDate>
		<dc:creator>LeoLee</dc:creator>
				<category><![CDATA[Life Style]]></category>
		<category><![CDATA[Victoria BC]]></category>
		<category><![CDATA[personal finance]]></category>
		<category><![CDATA[centenarian]]></category>
		<category><![CDATA[life span]]></category>
		<category><![CDATA[retirement]]></category>

		<guid isPermaLink="false">http://www.leolee.ca/?p=1006</guid>
		<description><![CDATA[I had an exceptional experience yesterday.  I shared lunch with a centenarian.  Actually a group of us celebrated his 100th birthday with him here in Victoria, BC.  I can&#8217;t tell you who he is because of privacy concerns, but I can tell you he looked wonderful.  He stood ramrod straight and was able to tell [...]]]></description>
		<wfw:commentRss>http://www.leolee.ca/victoria-bc/centenarians/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>COMPARISON OF FIXED &amp; VARIABLE RATES (25 YEARS)</title>
		<link>http://www.leolee.ca/mortgages/comparison-of-fixed-variable-rates-25-years/</link>
		<comments>http://www.leolee.ca/mortgages/comparison-of-fixed-variable-rates-25-years/#comments</comments>
		<pubDate>Tue, 07 Sep 2010 21:35:48 +0000</pubDate>
		<dc:creator>LeoLee</dc:creator>
				<category><![CDATA[Interest Rates in Canada]]></category>
		<category><![CDATA[Mortgages in Canada]]></category>
		<category><![CDATA[personal finance]]></category>
		<category><![CDATA[Bank of Canada]]></category>
		<category><![CDATA[benchmark rate]]></category>
		<category><![CDATA[dream home]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[first time home]]></category>
		<category><![CDATA[first time home buyer]]></category>
		<category><![CDATA[FirstLine Mortgages]]></category>
		<category><![CDATA[fixed mortgage rates]]></category>
		<category><![CDATA[fixed rate]]></category>
		<category><![CDATA[stress test]]></category>
		<category><![CDATA[variable rate mortgage]]></category>
		<category><![CDATA[variable rates]]></category>

		<guid isPermaLink="false">http://www.leolee.ca/?p=999</guid>
		<description><![CDATA[The Bank of Canada may raise its rate by another 0.25% again tomorrow.  Apparently, it is only a 50/50 chance because the economy is now stuck in neutral, although the possibility of a double dip is not out of the question, but unlikely.  Below is the most current charts for a comparison of fixed and [...]]]></description>
		<wfw:commentRss>http://www.leolee.ca/mortgages/comparison-of-fixed-variable-rates-25-years/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New regulations on Credit Cards, Lines of Credit &amp; Mortgages</title>
		<link>http://www.leolee.ca/mortgages/new-regulations-on-credit-cards-lines-of-credit-mortgages/</link>
		<comments>http://www.leolee.ca/mortgages/new-regulations-on-credit-cards-lines-of-credit-mortgages/#comments</comments>
		<pubDate>Fri, 03 Sep 2010 22:43:01 +0000</pubDate>
		<dc:creator>LeoLee</dc:creator>
				<category><![CDATA[Mortgages in Canada]]></category>
		<category><![CDATA[personal finance]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[credit business]]></category>
		<category><![CDATA[department of finance]]></category>
		<category><![CDATA[financial institutions]]></category>
		<category><![CDATA[lenders]]></category>
		<category><![CDATA[mortgage]]></category>

		<guid isPermaLink="false">http://www.leolee.ca/?p=993</guid>
		<description><![CDATA[New Regulations for HELOCs and Mortgages The Department of Finance (DoF) put new credit card regulations in force yesterday. A few of the rules also apply to HELOCs and mortgages.  The DoF says the new regulations are designed to “ensure that consumers have access to credit on terms that are fair and transparent.”  The following regulations [...]]]></description>
		<wfw:commentRss>http://www.leolee.ca/mortgages/new-regulations-on-credit-cards-lines-of-credit-mortgages/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>7 Ways To Improve Your Credit</title>
		<link>http://www.leolee.ca/mortgages/7-ways-to-improve-your-credit/</link>
		<comments>http://www.leolee.ca/mortgages/7-ways-to-improve-your-credit/#comments</comments>
		<pubDate>Sat, 28 Aug 2010 00:23:01 +0000</pubDate>
		<dc:creator>LeoLee</dc:creator>
				<category><![CDATA[Mortgages in Canada]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[credit cards]]></category>
		<category><![CDATA[credit challenges]]></category>
		<category><![CDATA[credit history]]></category>
		<category><![CDATA[credit rating]]></category>
		<category><![CDATA[improving your credit]]></category>
		<category><![CDATA[loans mortgage]]></category>
		<category><![CDATA[mortgage loans]]></category>

		<guid isPermaLink="false">http://www.leolee.ca/?p=984</guid>
		<description><![CDATA[Here I go again, talking about credit rating.  Why?  Because it is critical for you to get the financing you need in the first place and the best deal available in the second.  For those of you who have credit challenges, you may want to pay some attention to this blog. No matter what your [...]]]></description>
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		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Most think retirement planning should start before 35 but 40% haven’t planned at all</title>
		<link>http://www.leolee.ca/personal-finance/most-think-retirement-planning-should-start-before-35-but-40-haven%e2%80%99t-planned-at-all/</link>
		<comments>http://www.leolee.ca/personal-finance/most-think-retirement-planning-should-start-before-35-but-40-haven%e2%80%99t-planned-at-all/#comments</comments>
		<pubDate>Wed, 25 Aug 2010 23:33:40 +0000</pubDate>
		<dc:creator>LeoLee</dc:creator>
				<category><![CDATA[personal finance]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Canada]]></category>
		<category><![CDATA[canadians]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[habit]]></category>
		<category><![CDATA[Investor]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[planning]]></category>
		<category><![CDATA[reducing debt]]></category>
		<category><![CDATA[retirement]]></category>
		<category><![CDATA[retirement planning]]></category>
		<category><![CDATA[retirement savings]]></category>
		<category><![CDATA[saving]]></category>
		<category><![CDATA[saving for retirement]]></category>
		<category><![CDATA[Wealthy Boomer]]></category>

		<guid isPermaLink="false">http://www.leolee.ca/?p=964</guid>
		<description><![CDATA[My mom opened a savings account for me when I turned 13.  Every week she would make sure I put money in it.  I wonder why more moms are not doing that these days?  Saving is a habit.  Just like spending. A report from BMO Retirement Institute to be released today says that although 90% [...]]]></description>
		<wfw:commentRss>http://www.leolee.ca/personal-finance/most-think-retirement-planning-should-start-before-35-but-40-haven%e2%80%99t-planned-at-all/feed/</wfw:commentRss>
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