New Lending Rules Take Effect – Time to Break Out the Adult Beverage
With the New Lending Rules Taking Effect, ‘Sky is Falling’ Mentality Takes Ove the Canadian Consumer. Should I lock into a fixed rate, should I switch to a variable rate, should I break my current contract to get something now?
Read moreCMHC 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.
Canadian Mortgage Holders Not Worried About Rates
A New Poll Indicates that Canadian Mortgage Holders are Over Confident About the Downside of Higher Borrowing Costs.
Read moreHas the Canadian Real Estate Market Peaked?
All Signs Point to the Fact that the Canadian Real Estate Market Has Peaked.We’re deep into the spring home buying season, which admittedly started a little earlier thanks to an incredibly mild winter and spring.
Read moreCanadian Interest Rates Expected to Increase
The Bank of Canada Signals Canadian Interest Rate Hikes Coming Sooner than Later.The Bank of Canada has finally signaled that an interest rate hike is coming as soon as June 1.
Read moreChanging the Rental Formula for Canadian Home Owners
Finance Minister Jim Flaherty Makes it More Difficult for Canadian Home Owners.
When Finance Minister Jim Flaherty attempted to cut down on real estate speculators with the new lending rules that came into effect on April 19.
Is Housing Focus Killing Our Economy?
Canadians are Obsessed with Housing. Is it Hurting the Canadian Economy?
I came across an interesting article in The Globe and Mail the other day. The basic argument is that while we’ve been obsessed with houses.
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