Agent Blogs

First  Prev   4  5  6  7  8   9  10  11   Next  Last
May 19
2011

Cory's Mortgage Market Update

Blog posted by Cory Kline, AMP  ::  Views (5211)
The bond rate has been steady the last few weeks. From a year to date high of 2.53 on April 8th, the rates have fallen 30-35 basis points. This has resulted in all lenders lowering their fixed rates. 5 year mortgages are now available in the 3.89-4.19% range. There has been no change in the... [ more ]
May 19
2011

Down Payment

Blog posted by Cory Kline, AMP  ::  Views (5224)
The main reason many renters feel they can't afford to purchase a home has to do with saving for a down payment. But there are many solutions available today that can help first-time buyers with their down payments. Many lenders will allow for a gifted or borrowed down payment. And of those... [ more ]
May 19
2011

Beware of Mortgage or Title Fraud

Blog posted by Cory Kline, AMP  ::  Views (27523)
In a time where identity theft and Ponzi schemes are plastered across the daily news, the last thing you want to worry about is yet another way to lose your hard-earned money. But as a homeowner, you need to be aware of crimes on the rise known as mortgage fraud and real estate title fraud.... [ more ]
May 11
2011

No New Mortgage Rule Changes: Flaherty

Blog posted by Cory Kline, AMP  ::  Views (5928)
Financial Post Staff  May 10, 2011 – 6:54 PM ET | Last Updated: May 10, 2011 7:14 PM ET By John Greenwood and Barbara Shecter There has already been “some softening” in the Canadian real estate market so there is no need for further tightening of mortgage rules, said... [ more ]
Apr 7
2011

Corys Market Update...April 7,2011

Blog posted by Cory Kline, AMP  ::  Views (9858)
A Mortgage rate increase has happened over the last few days. Fixed rates moved up by 20-30 basis points. We still have a few lenders who have not moved yet, but fully expect to lose them any day now. 5 year fixed mortgages are now in the 4.2-4.3% range. There were no changes in... [ more ]
Apr 4
2011

Mortgage Market Update...Rate Watch

Blog posted by Cory Kline, AMP  ::  Views (15039)
We will be seeing an increase to Fixed Mortgage rates over the next 24 hours.  The bond rate has continued to inch upwards the past few days. We have had several lenders contacting us with warnings of rate increases. If you are thinking of moving please contact our... [ more ]
Mar 4
2011

What Does A Lender Consider When Looking At Your Mortgage Application

Blog posted by Cory Kline, AMP  ::  Views (8676)
What Does a Lender Consider When Looking at Your Mortgage Application? Income and Job Stability – Your income determines how much you may borrow. In most cases, 32% of your gross income for salaried, non-self-employed or commissioned people is used to determine how much you can... [ more ]
Mar 4
2011

The Mortgage Financing Process

Blog posted by Cory Kline, AMP  ::  Views (4911)
  The Mortgage Financing Process The number one question a homebuyer often has is “What does the mortgage process entail?” In very simple terms, following is an outline of the process upon which you are about to embark: a)      Get pre-approved: Avoid... [ more ]
Mar 4
2011

Market Comment

Blog posted by Cory Kline, AMP  ::  Views (9873)
The bond rate has moved up the last few days with news of stronger that expected U.S. job figures. There continues to be lots of turmoil with the Middle East situations and news of possible rate increases in Europe due to inflationary concerns. There have been no major changes in short or... [ more ]
Mar 4
2011

Types of Mortgages

Blog posted by Cory Kline, AMP  ::  Views (5032)
Types of Mortgages Mortgages can be a confusing subject. Buying or selling a home is an emotional decision and can be very stressful. As a mortgage advisor, I will take the confusion out of mortgages and make the process as smooth as possible. In Canada, there are two major categories that... [ more ]
Feb 10
2011

Market Comment

Blog posted by Cory Kline, AMP  ::  Views (11801)
Market Comment   The bond rate has risen by 25 basis points since the start of the month. Lender's started moving their rates up on Tuesday. 5 year fixed rates are now in the low 4%... [ more ]
Jan 26
2011

Reflecting on upcoming mortgage changes...

Blog posted by Cory Kline, AMP  ::  Views (11399)
We have had a week now to reflect on the recent  government changes to mortgage policies. While it may not effect a lot of you, there are probably some of you, or you know someone who this may effect. The policies do not come into force until March 18th, (however, last time this happened,... [ more ]
Jan 17
2011

Flaherty's New Mortgage Rules

Blog posted by Cory Kline, AMP  ::  Views (9243)
Flaherty tables new rules to curb household debt By David Akin, Parliamentary Bureau Chief Last Updated: January 17, 2011 8:15am OTTAWA – The federal government Monday tabled a series of new rules aimed to curbing what it sees as the growing problem of household debt. Finance... [ more ]
Dec 7
2010

Bank of Canada Announcement Dec.7,2010 (Prime Rate)

Blog posted by Cory Kline, AMP  ::  Views (4916)
The Bank of Canada kept Prime Rate unchanged in their announcement this morning. Overall economic growth in Canada was slightly slower than anticipated. There is nothing in their wording which is a surprise.   To read the full article...... [ more ]
Oct 29
2010

0% - 5% down payment in 2010/2011? This is a must read....

Blog posted by Cory Kline, AMP  ::  Views (8752)
Oct 29th, 2010   Something of huge value for home buyers with 0%-5% down payments....   Most clients who are looking for a "Free Down Payment" style of mortgage are getting 5.29% currently from the Bank.   I just approved a client with one of... [ more ]
First  Prev   4  5  6  7  8   9  10  11   Next  Last
DISCLAIMER: While we do our best to ensure the accuracy and integrity of information on our website, the opinions and advice published here are provided by outside individuals, and in no way reflect the opinions or legal position of the company, and are not intended to replace sound professional or legal advice. The company, website owners, developers, sellers or resellers will in no way be held accountable or liable for advice or opinions published here by outside parties (experts or consumers).