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	<title>Mortgage Economics</title>
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	<description>Common sense on mortgages, investing, and the financial markets</description>
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		<title>Mortgage Economics</title>
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		<title>The consequences of political stupidity</title>
		<link>http://liorhz.wordpress.com/2011/11/03/the-consequences-of-political-stupidity/</link>
		<comments>http://liorhz.wordpress.com/2011/11/03/the-consequences-of-political-stupidity/#comments</comments>
		<pubDate>Thu, 03 Nov 2011 17:26:25 +0000</pubDate>
		<dc:creator>Lior</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[benchmark rate]]></category>
		<category><![CDATA[canadian credit crisis]]></category>
		<category><![CDATA[contagion]]></category>
		<category><![CDATA[efsf]]></category>
		<category><![CDATA[european central bank]]></category>
		<category><![CDATA[european debt crisis]]></category>
		<category><![CDATA[greece default]]></category>

		<guid isPermaLink="false">http://liorh.com/?p=1925</guid>
		<description><![CDATA[&#8220;Papandreou’s move also exposes the fatal flaw of grand plans for a political or fiscal union to support the euro: the “people,” not governments, remain the real sovereign. Governments may sign treaties and make solemn commitments to subordinate their fiscal policy to the wishes of the EU as a whole (or to be more precise, [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=liorhz.wordpress.com&amp;blog=8703769&amp;post=1925&amp;subd=liorhz&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<title>Tax-deductible mortgages: is now the best time to invest?</title>
		<link>http://liorhz.wordpress.com/2011/11/02/tax-deductible-mortgages-is-now-the-best-time-to-invest/</link>
		<comments>http://liorhz.wordpress.com/2011/11/02/tax-deductible-mortgages-is-now-the-best-time-to-invest/#comments</comments>
		<pubDate>Wed, 02 Nov 2011 14:06:57 +0000</pubDate>
		<dc:creator>Lior</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[best heloc rate]]></category>
		<category><![CDATA[borrowing to invest]]></category>
		<category><![CDATA[fee only financial planner]]></category>
		<category><![CDATA[HELOC]]></category>
		<category><![CDATA[home equity line of credit]]></category>
		<category><![CDATA[mortgage interest rates]]></category>
		<category><![CDATA[tax deductible mortgage]]></category>
		<category><![CDATA[volatile markets]]></category>

		<guid isPermaLink="false">http://liorh.com/?p=1907</guid>
		<description><![CDATA[&#8220;Be Fearful When Others Are Greedy and Greedy When Others Are Fearful&#8221; A popular quote by Warren Buffett, CEO of Berkshire Hathaway and legendary value investor. Over the past few months I have noticed more people calling me up about tax-deductible mortgages, the so-called Smith Maneuver. Investors, particularly those with a long-term horizon, are looking [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=liorhz.wordpress.com&amp;blog=8703769&amp;post=1907&amp;subd=liorhz&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>Quick note about mortgage rates</title>
		<link>http://liorhz.wordpress.com/2011/10/29/quick-note-about-mortgage-rates/</link>
		<comments>http://liorhz.wordpress.com/2011/10/29/quick-note-about-mortgage-rates/#comments</comments>
		<pubDate>Sat, 29 Oct 2011 03:14:32 +0000</pubDate>
		<dc:creator>Lior</dc:creator>
				<category><![CDATA[Mortgages]]></category>

		<guid isPermaLink="false">http://liorh.com/2011/10/29/quick-note-about-mortgage-rates/</guid>
		<description><![CDATA[In light of the fact that bond yields have surged by as much as 35bp over the past 3 weeks or so, some lenders have decided to raise their interest rates. The increases are effective as of tonight (Friday) but some are holding out until early next week. My suggestion is if you&#8217;re in the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=liorhz.wordpress.com&amp;blog=8703769&amp;post=1905&amp;subd=liorhz&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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		<title>Moneyville&#8217;s flawed logic on variable rate mortgages</title>
		<link>http://liorhz.wordpress.com/2011/10/24/moneyvilles-flawed-logic-on-variable-rate-mortgages/</link>
		<comments>http://liorhz.wordpress.com/2011/10/24/moneyvilles-flawed-logic-on-variable-rate-mortgages/#comments</comments>
		<pubDate>Mon, 24 Oct 2011 17:05:27 +0000</pubDate>
		<dc:creator>Lior</dc:creator>
				<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[Personal Interest]]></category>
		<category><![CDATA[convert variable to a fixed rate mortgage]]></category>
		<category><![CDATA[fixed rate vs variable rate]]></category>
		<category><![CDATA[moneyville]]></category>
		<category><![CDATA[mortgage prepayment]]></category>
		<category><![CDATA[toronto star]]></category>
		<category><![CDATA[variable rate mortgage]]></category>

		<guid isPermaLink="false">http://liorh.com/?p=1893</guid>
		<description><![CDATA[This morning I stumbled upon a new article on Moneyville that discusses the reasons to choose a variable rate mortgage. A particular point that stood out in the intro is &#8221; Now may be the time to go variable.&#8221; Really? Given that the spread between a 5-year fixed and a 5-year variable is now less [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=liorhz.wordpress.com&amp;blog=8703769&amp;post=1893&amp;subd=liorhz&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://liorhz.wordpress.com/2011/10/24/moneyvilles-flawed-logic-on-variable-rate-mortgages/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
	
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		<title>Economy is frail, interest rates remain low, borrowers are more confused than ever</title>
		<link>http://liorhz.wordpress.com/2011/10/19/economy-is-frail-interest-rates-remain-low-borrowers-are-more-confused-than-ever/</link>
		<comments>http://liorhz.wordpress.com/2011/10/19/economy-is-frail-interest-rates-remain-low-borrowers-are-more-confused-than-ever/#comments</comments>
		<pubDate>Wed, 19 Oct 2011 14:03:21 +0000</pubDate>
		<dc:creator>Lior</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[5-year canada mortgage rate]]></category>
		<category><![CDATA[bank of canada rate]]></category>
		<category><![CDATA[europe debt crisis]]></category>
		<category><![CDATA[european banking crisis]]></category>
		<category><![CDATA[fixed mortgage canada]]></category>
		<category><![CDATA[variable mortgage canada]]></category>

		<guid isPermaLink="false">http://liorh.com/?p=1868</guid>
		<description><![CDATA[Welcome back, Ted. Four years ago, as the US interbank market came under stress, financiers learnt about the Ted spread – the gap between three-month Libor interbank rates and US Treasury bill yields. Usually negligible, the spread rises when banks start to lose faith in each other’s ability to repay loans. A great measure of [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=liorhz.wordpress.com&amp;blog=8703769&amp;post=1868&amp;subd=liorhz&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">liorhz</media:title>
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		<item>
		<title>Another credit crisis is about to begin</title>
		<link>http://liorhz.wordpress.com/2011/10/06/another-credit-crisis-is-about-to-begin/</link>
		<comments>http://liorhz.wordpress.com/2011/10/06/another-credit-crisis-is-about-to-begin/#comments</comments>
		<pubDate>Thu, 06 Oct 2011 16:45:52 +0000</pubDate>
		<dc:creator>Lior</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[canada credit crisis]]></category>
		<category><![CDATA[euro debt crisis]]></category>
		<category><![CDATA[eurozone crisis]]></category>
		<category><![CDATA[financial times eurozone]]></category>
		<category><![CDATA[mortgage economy canada]]></category>
		<category><![CDATA[variable rate mortgage canada]]></category>

		<guid isPermaLink="false">http://liorh.com/?p=1851</guid>
		<description><![CDATA[The muddle-through approach to the eurozone crisis has failed to resolve the fundamental problems of economic and competitiveness divergence within the union. If this continues the euro will move towards disorderly debt workouts, and eventually a break-up of the monetary union itself, as some of the weaker members crash out. Nuriel &#8220;Dr. Doom&#8221; Roubini, Financial [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=liorhz.wordpress.com&amp;blog=8703769&amp;post=1851&amp;subd=liorhz&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">liorhz</media:title>
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		<item>
		<title>Tic toc&#8230; Will U.S. debt stalemate spill over into Canada?</title>
		<link>http://liorhz.wordpress.com/2011/07/29/tic-toc-will-u-s-debt-stalemate-spill-over-into-canada/</link>
		<comments>http://liorhz.wordpress.com/2011/07/29/tic-toc-will-u-s-debt-stalemate-spill-over-into-canada/#comments</comments>
		<pubDate>Fri, 29 Jul 2011 02:48:12 +0000</pubDate>
		<dc:creator>Lior</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Personal Interest]]></category>
		<category><![CDATA[canada interest rates]]></category>
		<category><![CDATA[canada mortgage rates]]></category>
		<category><![CDATA[canada us economy]]></category>
		<category><![CDATA[contagion]]></category>
		<category><![CDATA[credit markets]]></category>
		<category><![CDATA[price of gold]]></category>
		<category><![CDATA[swiss franc]]></category>
		<category><![CDATA[US debt crisis]]></category>

		<guid isPermaLink="false">http://liorhz.wordpress.com/?p=1812</guid>
		<description><![CDATA[Most analysts agree that a default by the U.S. on its debt obligations will not only spell disaster for the U.S. but send shock waves around the world. The problem is that we don&#8217;t necessarily need an actual default to have the financial markets spiral out of control. As the August 2nd deadline looms, it&#8217;s [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=liorhz.wordpress.com&amp;blog=8703769&amp;post=1812&amp;subd=liorhz&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">liorhz</media:title>
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		<title>Inflation nation</title>
		<link>http://liorhz.wordpress.com/2011/07/23/inflation-nation/</link>
		<comments>http://liorhz.wordpress.com/2011/07/23/inflation-nation/#comments</comments>
		<pubDate>Sat, 23 Jul 2011 04:32:39 +0000</pubDate>
		<dc:creator>Lior</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[america debt crisis]]></category>
		<category><![CDATA[Bank of canada rates]]></category>
		<category><![CDATA[Canadian Dollar]]></category>
		<category><![CDATA[CPI canada]]></category>
		<category><![CDATA[euro debt crisis]]></category>
		<category><![CDATA[Inflation canada]]></category>
		<category><![CDATA[mortgage rates outlook]]></category>

		<guid isPermaLink="false">http://liorhz.wordpress.com/?p=1804</guid>
		<description><![CDATA[Statistics Canada&#8217;s CPI report was released earlier this morning. And to everyone&#8217;s surprise, inflation has been relatively tame in the month of June. Headline inflation was 3.1% (compared to 3.7% in May) while the core inflation rate, which strips out the eight most volatile items including food and energy prices and is rate the Bank [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=liorhz.wordpress.com&amp;blog=8703769&amp;post=1804&amp;subd=liorhz&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">liorhz</media:title>
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		<title>Mortgage rates on the increase</title>
		<link>http://liorhz.wordpress.com/2011/07/06/mortgage-rates-on-the-increase/</link>
		<comments>http://liorhz.wordpress.com/2011/07/06/mortgage-rates-on-the-increase/#comments</comments>
		<pubDate>Wed, 06 Jul 2011 15:30:14 +0000</pubDate>
		<dc:creator>Lior</dc:creator>
				<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[Bank of canada rates]]></category>
		<category><![CDATA[canada bond yield]]></category>
		<category><![CDATA[canada inflation]]></category>
		<category><![CDATA[CPI rate]]></category>
		<category><![CDATA[mortgage rates bolton]]></category>
		<category><![CDATA[mortgage rates caledon]]></category>
		<category><![CDATA[mortgage rates canada]]></category>
		<category><![CDATA[small business mortgage]]></category>

		<guid isPermaLink="false">http://liorhz.wordpress.com/?p=1789</guid>
		<description><![CDATA[Finally back. After a little vacation from blogging it&#8217;s nice getting back to the routine. Kicking off the comeback is the news that fixed mortgage rates are on the increase. Most of the major banks have announced increases of .10 to 15% (10 to 15 bps) on most of their fixed maturities. This is the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=liorhz.wordpress.com&amp;blog=8703769&amp;post=1789&amp;subd=liorhz&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>0</slash:comments>
	
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			<media:title type="html">liorhz</media:title>
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		<title>Inflation? What inflation?</title>
		<link>http://liorhz.wordpress.com/2011/05/20/inflation-what-inflation/</link>
		<comments>http://liorhz.wordpress.com/2011/05/20/inflation-what-inflation/#comments</comments>
		<pubDate>Fri, 20 May 2011 15:30:21 +0000</pubDate>
		<dc:creator>Lior</dc:creator>
				<category><![CDATA[Mortgages]]></category>
		<category><![CDATA[Bank of canada rates]]></category>
		<category><![CDATA[canada interest rates]]></category>
		<category><![CDATA[canada mortgage rates]]></category>
		<category><![CDATA[federal reserve interest rates]]></category>
		<category><![CDATA[Inflation canada]]></category>
		<category><![CDATA[statistics canada CPI]]></category>
		<category><![CDATA[toronto mortgage rates]]></category>

		<guid isPermaLink="false">http://liorhz.wordpress.com/?p=1780</guid>
		<description><![CDATA[Statistics Canada released April&#8217;s CPI data this morning. The results are somewhat relieving, in fact: Inflation remained at 3.3% year-over-year Core inflation, which factors out volatile items such as food and energy, declined to 1.6% from 1.7% last month It&#8217;s quite possible that the figures will be somewhat worse for May as fuel prices are [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=liorhz.wordpress.com&amp;blog=8703769&amp;post=1780&amp;subd=liorhz&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>2</slash:comments>
	
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