2018-02-10 | 19:56:04

Should I lock in my mortgage rate in 2018?

The key question for mortgage borrowers is whether rates will rise this year, and by how much. Since the majority of Canadians opt for five-year fixed-rate mortgages, let’s look at the trend:1. Five-year fixed mortgage rates bottomed in the low...

2017-12-10 | 11:47:58

New Mortgage Rules will shake up the lending market

The 3 new mortgage rule changes that officially start January 1, 2018, will shake up the lending market in Canada and have a significant impact of home owners and buyers:1. The new rules are basically a two-point rate hikeUninsured borrowers can...

2017-11-07 | 15:15:19

3 new mortgage rule changes starting January 1, 2018

Change # 1:Qualifying rate stress test to all uninsured mortgagesUninsured mortgage consumers must now qualify using a new minimum qualifying rate. The rate will be the greater of the five-year benchmark rate published by the Bank of Canada OR the...

2017-05-12 | 17:55:55

Hostage to the housing boom

When one of the real estate industry's largest lobby groups, Mortgage Professionals Canada, released a report recently analyzing the state of the country's housing market, it found, to absolutely no one's surprise,...

2017-01-30 | 15:48:19

China is buying Canada: and it's reshaping our housing market well beyond Vancouver

Paul Shen can tick off the reasons Mainland Chinese people buy property in Canada as surely as any fast-talking B. C. realtor. Some long to escape the fouled earth and soupy air of their country's teeming cities, he explains, while others are...

2017-01-30 | 15:45:07

Down payment rules unlikely to cool sales

Ottawa has unveiled its most targeted effort yet to try to cool the country's hottest real estate markets - Toronto and Vancouver - but any temperature drop is likely to be insignificant, according to housing experts. In fact, the announcement Friday...

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