IMPORTANT UPDATE - CMH​C Raises Premiums May 1st

Effective May 1^st, CMHC Purchase (owner occupied 1 – 4 unit) mortgage insurance premiums will increase by approximately 15%, on average, for all loan-to-value ranges.

Loan-to-Value Ratio	Standard Premium (Current)	Standard Premium (Effective May 1st, 2014)
Up to and including 65%	0.50%	0.60%
Up to and including 75%	0.65%	0.75%
Up to and including 80%	1.00%	1.25%
Up to and including 85%	1.75%	1.80%
Up to and including 90%	2.00%	2.40%
Up to and including 95%	2.75%	3.15%
90.01% to 95% – Non-Traditional Down Payment	2.90%	3.35%

Kupina Mortgage Team

5 ways we unwittingly repel wealth & prosperity

Studies indicate that we can actually sabotage our ability to achieve financial security. Here are some attitudes that stand between us and abundance.

1. *We're at the mercy of money. Earning and managing money can be so challenging, we sometimes see money as negative and energy draining. This causes us to subconsciously drive money away. Instead, see money as positive, effortless and attractive.
2. *Money is in short supply. We assume there's not enough money to go around and that we're going to get left out. But thinking "shortage" helps create "shortage". Instead, realize there's an unlimited supply of money and we can get as much as we want.
3. *We don't deserve to be rich. Since money is often tied to job performance, we think we earn what we deserve. But who can judge how much money we deserve? Take the judgment out and simply see money as an abundant resource.
4. *Getting money for money's sake. Greed actually repels wealth. Instead, see money as something that will help you make the world and others' lives better. An honorable intention helps create abundance.
5. *No plan for how to use it. If you don't know what you're going to do with money, chances are you won't get it. Make a list of all your dreams. Then you'll have specific goals to work toward.

Kupina Mortgage Team  |  www.kupinamortgage.com  

The Joy of Less: 10 Creative ways to Declutter your Home—and your Life!

It's true: less really is more! By owning fewer possessions, we gain more time because we have fewer things to keep clean and organized. Life is more relaxing because we have fewer debts to worry about and we don't have to work as much. And we end up with more money because we're spending less. Here are some tips on de-cluttering your life.

1. *Get rid of one item every day. Make it an unbreakable rule. Over time you'll notice a big reduction in the stuff you don't really need.
2. *Clear out your closets. Line up all your clothes hangers in the same direction. Then every time you wear something, hang it with the hanger in the opposite direction. After six months, you'll see which clothes never get worn and can be given away.
3. *Sort into four categories. Set out four boxes and label them Trash/Recycle, Give Away, Keep and Relocate. Every time you see or use an item, decide which box it should go in.
4. *Download product manuals. Instead of keeping a drawer full of manuals, download all the manuals from manufacturers' websites, keep them on your computer, and recycle the hard copies.
5. *Set out a basket labeled with each family member's name. Keep them in a central location. Whenever you find an item where it doesn't belong, put it into the correct person's basket.
6. *Open mail next to the recycling bin. Put junk mail directly into the bin rather than letting it pile up.
7. *Buy something, give something away. Don't let anything new come into the house unless something old goes out.
8. *Scan documents and store on your computer. Use a scanner or your phone's camera (APP: CamScanner) to make digital copies of documents you want to save, then recycle the originals.
9. *Rearrange a room. Just by moving furniture around, you'll discover lots of things you can relocate or get rid of.
10. *Set a good example. Only give gifts people can actually use, like coupons for services or food items.

Hope this helps. Kupina Mortgage Team | www.kupinamortgage.com