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	<title>Jessi Johnson &#124; FIRST HOME INFO</title>
	<link>http://www.firsthomeinfo.ca/first-time-buyer</link>
	<description></description>
	<lastBuildDate>Tue, 31 Jan 2012 20:38:33 +0000</lastBuildDate>
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		<title>New Mortgage Rules March 18th!</title>
		<description><![CDATA[As of March 18th, 2011 &#8211; The rules for maximum amortization change from 35 &#8211; 30 years. This only affects high ratio deals This does not affect you when putting 20% or greater down payment If you have a firm deal (subjects removed) on or before March 17th, this does not affect you You can [...]]]></description>
		<link>http://www.firsthomeinfo.ca/first-time-buyer/2011/02/new-mortgage-rules-march-18th/</link>
			</item>
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		<title>The Smith Manoeuvre &amp; TDMP</title>
		<description><![CDATA[When dealing with debt, it is crucial to convert bad debt to good debt. Good debt is tax deductable where as bad debt is not. The Smith Manoeuvre converts your principle residence mortgage into a tax deductable debt. The goal is to pay off your mortgag...]]></description>
		<link>http://www.jessijohnson.ca/mortgage-broker/mortgage-terms-and-tricks/2011/01/the-smith-manoeuvre-tdmp/</link>
			</item>
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		<title>High ratio mortgages</title>
		<description><![CDATA[Share and Enjoy:]]></description>
		<link>http://www.jessijohnson.ca/mortgage-broker/uncategorized/2010/03/high-ratio-mortgages/</link>
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		<title>Broker discounted rate</title>
		<description><![CDATA[The mortgage broker discounted rate is that wonderful rate you can obtain for your mortgage which is generally 1.5% less than the bank posted rate. Share and Enjoy:]]></description>
		<link>http://www.jessijohnson.ca/mortgage-broker/mortgage-terms-and-tricks/2010/03/broker-discounted-rate/</link>
			</item>
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		<title>Presale purchase</title>
		<description><![CDATA[Purchasing presale is when you buy a property before it&#8217;s built. If you are planning on selling this property before completion to make a profit, than that would be a perfect example of buying on speculation. Share and Enjoy:]]></description>
		<link>http://www.jessijohnson.ca/mortgage-broker/mortgage-terms-and-tricks/2010/03/presale-purchase/</link>
			</item>
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		<title>Bank posted rate</title>
		<description><![CDATA[The bank posted rate is the rate banks would previously attempt to sell you until mortgage brokers came into play. Now most banks have smartened up and seldom insult ones intelligence with such high rates. Generally a bank posted rate is about 1.5% hig...]]></description>
		<link>http://www.jessijohnson.ca/mortgage-broker/mortgage-terms-and-tricks/2010/03/bank-posted-rate/</link>
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		<title>It’s still a good time to buy a house</title>
		<description><![CDATA[Don’t be fooled by all the recent hype in the media lately about housing bubbles, interest rate increases and Canadians carrying too much debt. Canadians are in a good position, financially, and incomes and employment will increase in 2011. According to economist Benjamin Tal, who recently spoke at a mortgage conference, the ratio of mortgage [...]]]></description>
		<link>http://www.firsthomeinfo.ca/first-time-buyer/2010/12/it%e2%80%99s-still-a-good-time-to-buy-a-house/</link>
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		<title>Down Payment Blues</title>
		<description><![CDATA[I am a first time buyer and want to know where do I get my down payment? So you’re thinking about take the leap into home ownership as a first time buyer? It’s a great time to do it &#8212; interest rates are low, home prices are stabilizing, and the economy is turning around.  But [...]]]></description>
		<link>http://www.firsthomeinfo.ca/first-time-buyer/2010/12/down-payment-blues/</link>
			</item>
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		<title>LTV (loan to value)</title>
		<description><![CDATA[Loan-to-value ratio (LTV) is the amount of the mortgage loan (liability) compared to the value of the property. This ratio is calculated by the lender prior to providing the loan. The results of this calculation help to determine whether or not the app...]]></description>
		<link>http://www.jessijohnson.ca/mortgage-broker/mortgage-terms-and-tricks/2010/03/ltv-loan-to-value/</link>
			</item>
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		<title>Frozen VRM (variable rate mortgage)</title>
		<description><![CDATA[An excellent way to force an increased payment while protecting yourself from raising interest rates is the frozen mortgage payment available for variable rate mortgages. This option is hard to find but a good broker will know where to look. Let’s ta...]]></description>
		<link>http://www.jessijohnson.ca/mortgage-broker/mortgage-terms-and-tricks/2010/01/frozen-vrm-variable-rate-mortgage/</link>
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