|
08/18/2008 - Mortgage Availability
Click here for more information.
08/18/2008 - Leasing Automobiles
Click here for more information.
05/23/2008 - 7% Cashback
Click here for more information.
02/13/2008 - Long Fuse Mortgage Bomb
Click here for more information.
10/18/2007 - Prepaying Principal as per an amortization schedule
Click here for more information.
09/15/2007 - 40 Year Mortgage Interest Saving Tip
Click here for more information.
07/11/2007 - Movie Tutorial Added
A movie tutorial has been added to the download page in divx avi format. Click here to download.
07/11/2007 - An Inconvenient Mortgage
Click here for more information.
02/16/2007 - Global Warning
Click here for more information.
02/01/2007 - Free Monthly Payment Calculator
Click here for more information
12/05/2006 - Canadian KYOTO
Click here for more information.
11/13/2006 - Misleading Tips
Click here for more information.
11/01/2006 - Average Annual Rates are Misleading
Click here for more information.
10/23/2006 - 40 Year Mortgages as a Stepping Stone
Click here for more information.
10/16/2006 - 40 Year Mortgages
Click here for more information.
05/27/2006 - Blend and Extend Loans
Click here for more information.
05/18/2006 - Blended Loans
Click here for more information.
04/03/2006 - APR Overview
Click here for more information.
03/10/2006 - Energy Saving Idea
Click here for more information.
08/29/2005 - Criminal Interest Rate
Click here for more information.
07/18/2005 - Average Annual Rate vs Annual Compounded
Rate
Click here
for an explanation on how you can be fooled with numbers.
06/06/2005 - New Release Version 5.1
Click here for more information.
04/21/2005 - Consumer Protection Act 2002
Click here for proposed
revisions.
04/04/2005 - Company Name Change
Click here for more information.
02/08/2005 - 35 Year Mortgages
Click here for the example.
10/13/2004 - Tickler Rates
Click here for the example.
10/12/2004 - Blended Loans
Click here for the example.
09/07/2004 - Another Perspective on Amortization
Schedules
Click here for the example.
04/27/2004 - More Mortgage Misinformation
A confusing newspaper article describing weekly payment mortgages. Click
here to see the article.
04/16/2004 - A Confused Journalist
An article describes an amortization schedule in detail without actually
naming it. Click here to see the critique.
02/11/2004 - Interest Accruing Loans
A detailed example of an Interest Accruing Loan has been added to the
tutorial page. Click here to
see the tutorial.
02/02/2004 - MORTGAGE2 PRO Version 5.0 Released
The Discounting program is now included in the Utilities menu in version
5.0.
10/27/2003 - Ottawa could save 63 BILLION Dollars
in interest
An example of how easy it would be for the Federal Government to save
63 Billion dollars in interest costs towards our national debt. Click
here to see the example.
09/26/2003 - Excessive Interest Rates
An example of a grossly excessive interest rate has been added to the
tutorial. Click here to see
the tutorial.
09/03/2003 - Reverse Mortgages
An example of a Reverse Mortgage has been added to the tutorial. Click
here to see the tutorial.
07/15/2003 - Blended Rates - Do you really win?
To fully evaluate a Blended Rate, you need four amortization schedules.
Click here to see the tutorial.
07/09/2003 - Royal Bank pays back millions
Reported in a Canadian newspaper today (July 9th 2003) the largest Bank
in Canada, ROYAL BANK has quietly been mailing out rebate cheques, because
of calculation errors to 200,000 mortgage clients for a total of $13 million
dollars. The errors go back as far as 1992 and are because of interest
calculation errors due to the Royal Banks variable rate mortgages (called
adjustable rate mortgages, ARMs, in the USA.).
Michael Janigan, executive director of the Public Interest Advocacy Group
in Ottawa said the Royal Bank case “raises the issue that you cannot
rely absolutely upon calculations done by your Bank at all times”.
This problem could have possibly been avoided if lenders were legislated
to provide up to date amortization schedules at the end of each year.
People make mistakes and so do computers because people program computers.
An amortization schedule is a double check on the lenders. Just imagine
the dollar amount of errors in the USA regarding adjustable rate mortgages
(ARM). In Canada there are only 5 major Banks to watch. In the USA there
are over 6000 different banks to watch for errors.
05/24/2003 - Weekly Payments Revisited
You would think after twenty years some experts would understand that
weekly payment mortgages are the best way to save in interest costs. Click
here to see the article.
04/09/2003 - Export as a Text File
Amortization schedules can now be exported as text files and therefore
can be read by any word processor. Financial Planners and Loan Officers
can now email an amortization schedule to their clients or customers.[Click
Here]
04/03/2003 - New Mortgage Quiz Added
Test your Mortgage I.Q, Test your Loan Officer's Mortgage I.Q
Click Here
03/28/2003 - New Install Package
This new Install Package works on
Windows 95/98/NT/2000/Me/XP (Home and Pro)
03/10/2003 - New Web Page Launched
You now have the option to search for keywords in articles or tutorials
on our site.
|
