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Wednesday , 29 March 2017

Monthly Archives: August 2012

Top performing real estate mutual funds

Zacks Investment Research says that every investor whose portfolio has a long-term horizon should include some mutual funds that invest in the real estate sector. The sector has had its ups and downs, to be sure, but over the long term, it’s safe to assume that returns will be significant. Mutual funds are one of the easiest ways for the “average” person to get into the real estate market as an investor. With an initial investment that’s often as little as $1,000, it is much more accessible than purchasing real estate would be, and far less time consuming and stressful, it could be argued. It is even possible to earn ... Read More »

More mortgage fraud cases as lenders tighten criteria

People in the UK are lying more about their finances in order to qualify for mortgages. That is the finding of a study by English research group Experian, which reports a 23 per cent increase in mortgage fraud in the second quarter of this year. The fraud is largely a consequence of tightened mortgage lending criteria by banks in the UK. A large number of the fraud cases are due to people simply inflating their incomes so that they’ll qualify for a mortgage they wouldn’t otherwise be able to afford. Others lie about their credit history if it’s bad, and others give misleading information about their employment circumstances. Cases of ... Read More »

Creative recycling results in folksy arts and crafts designs

Rug made from recycled nautical rope. Sturdy creations from Sophie Aschauer SerpentSea Rugs can be used indoors or out. Demonstrating that with imagination you can find new use for almost anything, even old discarded nautical rope, artist Sophie Aschauer saves these materials from the landfill, or from the ocean itself; it turns out that marine rope is a big part of the trash floating in the ocean these days. It poses a serious threat to marine life, being made of nylon and virtually indestructible. But it’s the indestructibility that makes them so hardy as floor mats, and they can be used both indoors and outdoors. SerpentSea Rugs are woven with four different sailors’ ... Read More »

Lack of supply holding down GTA low-rise sales: BILD

GTA home buyers bought a total of 2,266 new homes and condominiums in July. The number of new condominiums purchased, 1,415, was “slightly” more than the long-term average for the month of July, according to RealNet Canada, the housing market research arm of the Building Industry and Land Development Association (BILD). July’s high-rise sales were the fifth highest on record for that month, according to RealNet. What is significant about the overall housing numbers is that sales of low-rise homes have dropped to less than half the long-term average, coming in at 851 for the month. George Carras, president of RealNet Canada, notes that the housing market in the GTA ... Read More »

App warns you when cell phone radiation is high

There’s a new free app that tells you how much electromagnetic radiation your cell phone is emitting. If you’re worried that you, or your kids, are being exposed to cancer-causing radiation, you might want to consider it. Even if you aren’t particularly worried but just want to know more than your cell phone maker would like you to, it could be worth a look. It is free, after all. Tawkon—Your Phone. Your Health. Your Call—alerts you, their web site says, when your phone radiation level spikes, and gives you tips on how to lower it. If you didn’t know that the radiation level does in fact spike, the Tawkon site ... Read More »

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