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	<title>Ontario Mortgage Loan Blog</title>
	<link>http://ontariomortgageloan.com/blog</link>
	<description>Ontario Mortgage and Loan</description>
	<lastBuildDate>Tue, 22 Jun 2010 21:04:53 +0000</lastBuildDate>
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		<title>Financial Literacy Training</title>
		<description><![CDATA[The CAAMP Foundation and Canada Credit are joining forces to help increase financial literacy for Canadian home buyers. By providing more resources Canadians will be empowered to make more informed decisions and better financial choices. CAAMP (Canadian Association of Accredited Mortgage Professionals) is a leader the field of mortgage education in Canada, the CAAMP Foundation [...]]]></description>
		<link>http://ontariomortgageloan.com/blog/2010/06/financial-literacy-training/</link>
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		<title>Housing Starts Fall in May</title>
		<description><![CDATA[According to the Canada Mortgage and Housing Corporation housing starts fell in May to 189,100 units down from 201,800 units in April. The biggest decreases were seen in the prairie regions where urban starts decreased 21.8%, conversely starts increased 23.3% in Atlantic Canada. The first half of the year saw builders and buyers trying to beat the [...]]]></description>
		<link>http://ontariomortgageloan.com/blog/2010/06/housing-starts-fall-in-may/</link>
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		<title>Home Adaptations For Seniors</title>
		<description><![CDATA[With an aging population one of the most difficult challenges we face in the future will be caring for seniors. Many seniors live longer and happier lives when they are able to stay in their own homes. Community Care Access Centres can help provide the in home care that may be required in many situations. [...]]]></description>
		<link>http://ontariomortgageloan.com/blog/2010/06/home-adaptations-for-seniors/</link>
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		<title>Bank of Canada Raises Rates</title>
		<description><![CDATA[As expected the Bank of Canada raised its key lending rate by 1/4  of a percent today. The move represents the first increase since July of 2007, since than rates have been  steadily falling. Earlier in the year the Bank of Canada had indicated that the era of record low Canadian interest rates was over and that [...]]]></description>
		<link>http://ontariomortgageloan.com/blog/2010/06/bank-of-canada-raises-rates/</link>
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		<title>Canada&#8217;s Economy Continues To Grow</title>
		<description><![CDATA[The Canadian economy grew 6.1% in the first quarter of 2010, compared to 4.9% in the fourth quarter of 2009 according to Statistics Canada. The increase will no doubt put more pressure on the Bank of Canada to raise rates when they meet tomorrow. Most analyst are expecting a 25 basis point hike and a [...]]]></description>
		<link>http://ontariomortgageloan.com/blog/2010/05/canadas-economy-continues-to-grow/</link>
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		<title>Are You Part of The 5 Year Funnel?</title>
		<description><![CDATA[Last week Garry Marr, of the Financial Post wrote one of the more interesting articles on what effect there might be on those who have been funneled into a 5 year fixed rate mortgage due to the changes that came into effect on April 19, 2010. I can&#8217;t help but think this might end badly [...]]]></description>
		<link>http://ontariomortgageloan.com/blog/2010/05/are-you-part-of-the-5-year-funnel/</link>
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		<title>RBC Drops 5 Year Fixed Rate</title>
		<description><![CDATA[After hitting 6.25% the 5 year fixed rate has been easing and effective Friday May 21’st, the RBC will lower its posted 5 year fixed rate to 5.99%. Expect other banks and lenders to follow with a rate drop. Canadian bonds and equities have both been falling as the economic outlook has become a little [...]]]></description>
		<link>http://ontariomortgageloan.com/blog/2010/05/rbc-drops-5-year-fixed-rate/</link>
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		<title>CMHC Expects Housing to Stabilize in 2010 and 2011</title>
		<description><![CDATA[After a recent TD report expecting Canadian real estate to cool in 2010-2011, the CMHC has issued a press release and its forecast for the housing market in 2010 and 2011 is very similar to the TD&#8217;s outlook. With housing starts expected to be up over the next two years and the changes to rules [...]]]></description>
		<link>http://ontariomortgageloan.com/blog/2010/05/cmhc-expects-housing-to-stabilize-in-2010-and-2011/</link>
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		<title>Merix Financial-Business For Self Simplified</title>
		<description><![CDATA[Often getting a mortgage can be a challenge for any self employed individual, especially for those who are newly self employed. Merix Financial, Business for Self Simplified is designed to help those who have been self employed 3 years or less and show little income.  To qualify the applicant must have at least 2 years [...]]]></description>
		<link>http://ontariomortgageloan.com/blog/2010/05/merix-financial-business-for-self-simplified/</link>
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		<title>More Canadians are Interested in Combination Mortgages</title>
		<description><![CDATA[With interest rates rising and the high margin between fixed and variable rate mortgages in Canada, it seems that more Canadians are interested in hybrid or combination mortgages. According to RBC&#8217;s 17th Annual Homeowners Survey 40% of Canadians who are likely to buy a home within the next 2 years plan on taking out a [...]]]></description>
		<link>http://ontariomortgageloan.com/blog/2010/05/more-canadians-are-interested-in-combination-mortgages/</link>
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