by Denise Dykes | Jun 20, 2018 | Buyer Tips, Foreclosure Info, General News
More people are using their homes to secure a personal loan. According to Better Dwelling. However, the number of people using their homes to secure a business loan has dropped considerably. Canadians Secured Over $279 Billion Worth Of Loans With Their Homes The total...
by Denise Dykes | Jun 13, 2018 | Buyer Tips, General News
More than seven in 10 Canadian first-time home buyers (71 per cent) are afraid that they’ll be hit by unanticipated costs during the process, according to a new survey by TD Bank. Over half of the respondents (56 per cent) agreed that they are “afraid that...
by Denise Dykes | May 29, 2018 | General News
Governor Stephen Poloz is expected to take a wait and see approach with the interest rates tomorrow. This is a cautious approach given the current financial issues facing Canada. Renegotiating NAFTA, tariffs, softwood lumber and more. Analysts think that it is only a...
by Denise Dykes | May 8, 2018 | General News
In a new report released earlier this week, BMO noted that the prospect of rising interest rates does not appear to be discouraging Canadians sufficiently from buying homes. 23% are still planning to purchase their primary residences in the next year, for an average...
by Denise Dykes | May 1, 2018 | Buyer Tips, Foreclosure Info, General News
“Historically, the majority of Canadians who shop for mortgage rates have taken a variable rate the majority of the time,” says Dan Eisner, CEO of True North Mortgage in Calgary. “But not these days.” Since January 2014, 56% of Canadian borrowers who applied for a...
by Denise Dykes | Apr 10, 2018 | General News
The Government of BC recently enacted some regulations with the intention slowing skyrocketing prices. However, these and other coming regulations could have devastating effects not just on the real estate market but the economy as a whole. According to the BC Real...
by Denise Dykes | Apr 3, 2018 | General News
There has been a lot of talk lately about the Canadian Government’s decision to legalize pot. Bill C-45 as it is known allows for home cultivation of pot. Canadian ReaL Estate Association’s Michael Borque recently wrote a great piece in the Financial Post...
