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Stock impact report

There's a glitch in those online mortgage affordability tools [Globe and Mail, The (Toronto, Canada)]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
What's missing is the cost of the rest of your life – food, children, entertainment, owning a vehicle and looking after your health. Mortgage lenders expect you to figure out your lifestyle spending after you've bought a home, which is how new owners have done it for decades. A better way is to assess the affordability of the lifestyle you want to live before you buy. Let me introduce you to an online tool that can help in this analysis. It's called The Realistic Affordability Budget and you can download it right here An earlier version of this worksheet appeared in a newsletter a few years ago. It was developed by high school economics teacher Matt Jaekel after he and his partner bought a house. Now, Mr. Jaekel has updated the worksheet to reflect his experience as a homeowner. The 2.0 version invites you to add your net monthly income and then lays out a detailed list of expenses covering housing, food, transportation, entertainment, travel, gifts and charitable donations and Show less Read more
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