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'e T"', "'"'t! 1mm rumors»- _ "AaEAi1'tATiotl"ttMtt".+BttAv,uhttttqrraktq.t P Waterloo LA Honda sos K146 STREET It, WATEMOO I-tteil-fe, our on homo. And mini. poettiviUiiGGruiiiiiiiiiii 'iiiiir, r""ho'rt.r-.emteqiolumiturondmtlitutestninutaetui. 'utedruedoturrratedbuaine-k.' homes. How does that compare to the rest of the world? That's better than Switzerland, France, West Germany and other industrialized countries. ' And how do we finance this? Stand up Canada and be proud! Canadians have mortgage insurance. It allows private lenders to provide mortgage funds that are guaranteed by private or government insurance. This encouragee investment in mort- gage funds. And thah why there are plenty offunde for youlnd 5tt1re"tnortgagliaia,oteouueiGemeettheutdirVr mtena. Sothelendel’efundenrenotatrink.lfthehomeowner default: on the Wage payments, the insurance kicks in. Now doet't misunderstand this and purpoeely miee your next mortgage payment. The lender's funds are guaranteed, not the borrower’s funds. Them'illemilupbeingaformgehomeownerAndthe insurance my wil end up . home. harmonised. sl't'Jlll'pl"lTNtttlfl'lfiane,upto0 ',t5,,tt.1td"_h.t,'the.fthehouaetheriartiita www.mmmywmonlyfimneeupto 75 pa cent Jib hone: value. .tte.iNryihetetetnt.aeorer.uraeatredtou, Well, eta-mined to the rest of the world, Canadians live very well. In their own homes. More than 60 per cent of Canadian families own their own ParbeAr_tdpert-irean-thouaeii"iekGdGiaGc hon to renve Revive to normal times that is. let’s keep in mind that prior to this recent slump, housing was in a boom. Moat ofus would be happy just to see normal again. So what is this fascination Canadians, have with interest rates 1eet T. At PP Guii ___ ia' iiFij"dG - “My; Tiiriiiiir"7ig renewed tor amen-m terms - six months, one, two, three or five years. It all depends on the outlook for interest rates. If rates are expected to continue decreasing, you can expect the renewal term- to be short. If Canadians think that rates have stabilized, terms will be long. Interest rate. are coming down. Aedlikey.ianadiiy,rmrbrttthinkingattoutm, mortgage. It's . up for renewal soon and I’m looking forward to the rm rote. And most likely you are too. Mast Canadians have short term mortgagee. That's because forthelaat ttretrsrrtaveallt-aitiitgforinterestrata, to come down. And when homeowners renewed their mortgages ortothottttewtrtortgagetr,tlteumjorityuvebeentortearttran one year. No.ttur.e!1eetaqruteaerangeittthinkinganlabitota' gamble. Back in the 1960s and 19603 homeowners usually fixed their mortgage rates for 25 years. We certainly have changed our thinking, In the next 12 months, moot Canadian homeownerwwill be renewing their mortgages. And these mortgagee will be renewed for different terms - six months, one, two, three or five Pattie Man in a W bunker living in Waterloo. We all benefit from low interest rates Wig): yoetie interest “Emu; a [game becomes more rates coming down. We all can 746-41 20 imrttetiiattyatntekbrthettenteof-.Thewids o5mt)ight-orthereeeptiosiarsawithiu huge window, Mark white waluandermemtef1oor. Ihtetthe,tlteerr9rdrawtttotltelifirai-sr maehepahnt-,thenatura1ptheaam-ieis,ihe art-deco comer columns. the shellwed aspenite f1oor,tutdfinally,tothehugeeanvatifuiodern art hanging on walls. A wealth ofnatunl colon, t.erta.n.d.i.mag-thirtedinthtswarmg1awot itakgenlighting. If8tudioviolttrerttindeu0ftohormsomora Jet9i,theo-rotStudht1mtt-tedtthalrdmsaltt-tlntttongthtuttttsntodem WNW. man-HM I Give me a perm, out and I I the painting on the wall Whey ygu walking tho door of Stpdio Vick, youire W kt.--.-.-. 'e-ee."-"'"'--'-'""""""""""'"""" -r' A-.-.--.---.-------- The first Import company In Canada to sell over 100,000 cars a year. COME AND SEE US for the Hottest Deals In Town. HEIDI! gallery, you'd be partially right. Studio Viola is the meat, and warding to owns- Jason Calls, the only modern an gallery in Waterloo region; Aitartyoti1tth-qmampurpaseohttegtudio Viola, at least the kind of art you hang on walls. Ttttstudio/tout-ttindium-no-hair deirtoaloet,am1whiitanartgueryhiirsaton might seem an odd combination. Calais says the resulting effect in one he worked to mate. Trs, been planning this for that a you and I wanted to am, up; with something-tGGG dirfrent.rltntimdirgettistgmruiriiutinarG with ten otherpeople in a cold, plastic, black and Wanna-M7)