Canadian Homeowners Taking a Different View on Homeownership
Canadian Homeowners are Learning New Ways to Appreciate their Homeownership.
While mortgage rate issues have been particularly prevalent across all types of media for the past while, it’s easy to forget that the central issue for most home owners revolves around how much they can expect their house to appreciate over time.
CMHC Decides Not to Insure Mortgages in the Northlands
The CMHC Has Decided that Insuring Mortgages in the Northlands is No Longer Warranted.
While in this blog I’ve frequently discussed Vancouver and Toronto, the expensive places to live in Canada, it is sometimes easy to neglect that this is a large and expansive country and that there are many other places that are expensive to live in for many reasons.
Booming Canadian Real Estate Market – What Can You Get for Half A Million?
Booming Canadian Real Estate Market – With Higher Interest Rates, New Mortgage Lending Rules and the HST Arriving Shortly, Consumers Seem to be in a Hurry to Buy Homes.
Read moreHousing Boom in Canada – Must All Good Things Come to an End?
Housing Boom in Canada – Canadians are Rushing to be Approved for a New Mortgage Before the New Rules Come into Play. Will July 1st be the End of the Boom?
Read moreIs the Canadian Housing Market Overvalued?
There is no Shortage of Predictions on the Future of Canadian Housing Market. Talk to a Mortgage Professional at CMI to Help You Make the Right Decision on Purchasing a New Home.
Read moreHome Bidding Wars – Tips on Increasing the Value of Your Home
Last month I wrote about how home buyers were becoming wary of getting entangled in bidding wars. This week I came across this excellent article that discusses the pros and cons of creating bidding wars.
It’s starting to become standard practice to under price real estate and then hold all offers for a period of time. The idea is to create a multiple offer situation.
Canada – Heading for a Housing Crisis?
Simone Baribeau, US Editor of Money Supply at the Financial Times of London, took a swipe at Bank of Canada Governor Mark Carney recently when she questioned whether or not Canadian monetary policy has really softened the economic blow of the recession or if we just haven’t hit our own U.S.-style housing crisis.
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