Money Talks: Volume 48
From employment insurance to the Senate scandal to the Bank of Canada’s interest rate, there was a lot of talk this week revolving around the Canadian economy. That being said, we still found some nuggets centered around personal finance, real estate, and your mortgage too. And it’s all really good stuff! Personal Finance Are you counting…
Read moreHow the CMHC Improvements Mortgage can Help You
Have you been putting off buying a home because it needs too many home renovations and you don’t want to put extra money in after already paying the purchase price? If that’s the case, then CMHC – yes, the same organization that will insure your mortgage if you don’t have the 20 per cent down…
Read moreWill BoC Leave Rate Unchanged Until 2015?
The Bank of Canada came out with their interest rate announcement yesterday, and it’s not shocking that the rate will remain at 1 per cent for at least the next six weeks. But what might be surprising is the Bank’s talk with this announcement, which made it sound as though leaving the rate at its…
Read moreCanada Among Top 5 Real Estate Destinations for Foreign Investors
We all know that foreign investment is important to the health of our housing market. While they’re certainly not the backbone of it, if we were to restrict investments coming in from other countries (as some have suggested we do,) our market would definitely take a hit and show a significant downturn. That’s why the…
Read moreWhy all the Real Estate Sales in the Past Months?
We have all heard that by this time, we were supposed to be suffering from a massive collapse of the real estate market. But for the past several months, the real estate market has been seeing quite a boom. Granted, it’s not as large as we saw during the years of 2010 and 2012; but…
Read moreWhy Buying a Home in the Winter is to Your Benefit
Everyone knows that during the winter months the housing market slows down. To a near crawl, if we’re being honest with ourselves. And while there are some obvious benefits to buyers when purchasing in the winter, there are some little known ones as well. Here are the three biggest benefits you’ll reap when buying in…
Read moreWould You Buy a House for a Car?
It’s no secret that real estate agents and developers have long since been offering certain incentives to entice buyers into offering properties. After all, these are the individuals who are going to benefit most – financially anyway – from your purchase. So things such as offering to buy appliances, install hardwood floors throughout, or put…
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