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New Mortgage Rules

Feb 16, 2010

Blog posted by Cory Kline, AMP Views (5056)

  Finance Minister Jim Flaherty announced Tuesday tighter lending standards for mortgages, saying that while the housing market is “healthy” the moves are needed to “help prevent negative trends from developing.” Under the new... [ read more ]

No need for mortgage market structural shift

Feb 5, 2010

Blog posted by Cory Kline, AMP Views (13724)

No need for mortgage market structural shift The head of the Bank of Canada said on Thursday he does not see a housing bubble currently, nor does it see the need for structural change in the country's mortgage market. "The Canadian mortgage market has... [ read more ]

Are Mortgage Rates Heading Lower in February 2010?

Feb 5, 2010

Blog posted by Cory Kline, AMP Views (5244)

Are Mortgage Rates Heading Lower in February 2010? RateSupermarket.ca's panel of financial gurus believe we could possibly see lower fixed mortgage rates and bigger variable rate discounts to prime TORONTO, Feb. 4 /CNW/ - RateSupermarket.ca, Canada's rate... [ read more ]

Warning of Down Payment and Amortization Changes in 2010

Jan 4, 2010

Blog posted by Cory Kline, AMP Views (18459)

Over the holiday season, this article came out and I want to make sure everyone is aware of the possible changes that could effect our mortgage and real estate market. Please see the attached Globe and Mail article from Dec 21st for your review...... [ read more ]

Housing starts hit 2009 high

Dec 8, 2009

Blog posted by Cory Kline, AMP Views (5188)

New housing Construction has hit its highest level this year in November, more proof that Canada's real-estate market has clawed out of recession.  Record low interest rates are fuelling a rebound in Canada's real-estate market, spurring rising... [ read more ]

2010 Outlook on Barrie & Prime Rate

Dec 4, 2009

Blog posted by Cory Kline, AMP Views (7302)

I have just finished reviewing the below 2 timely articles, and would like to share the main points with everyone.  If you would like full copies of the articles, please email me at cory@ndlc.ca ReMax 2010 Outlook Report.... ( Barrie Recap on Pages 13 and 14... [ read more ]

The Bank of Canada today announced that it is not changing their trend setting rate.

Sep 11, 2009

Blog posted by Cory Kline, AMP Views (5777)

The Bank of Canada today announced that it is not changing their trend setting rate. They expect their rate to stay put until the 2nd quarter of 2010-based on inflation remaining in the ranges they predict . Read the announcement below. 2009 FOR IMMEDIATE... [ read more ]

Down Payment Assistance

Sep 10, 2009

Blog posted by Cory Kline, AMP Views (4887)

I just returned from Holiday's and I am excited to find the Government Down Payment Assistance Program has returned..... In Simcoe county you can receive up to $24,786 towards your down payment if.... Purchase is LESS then $247,862 Purchase is a NEW home, not... [ read more ]


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