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 rules, all borrowers will need to... [ more
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 functioned I think exceptionally well... [ more
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 comparison website for personal... [ more
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...... [ more
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 prices and a flurry of buying... [ more
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 email@example.com
ReMax 2010 Outlook Report.... ( Barrie Recap on Pages 13 and 14 )
"While Barrie's... [ more
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.
FOR IMMEDIATE RELEASE
10 September 2009... [ more
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 previously lived in. ( No... [ more
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