Hey Everyone, Let's consider the very recent past of Canadian economic happenings, that relate to Calgary Real Estate: Two Mortgage rule changes that suppress home buyer demand. #stresstest Increasing fixed and
Here's a link to a recent news story of TD raising their posted interest rate. TD has a reputation for being THE FIRST Bank to raise interest rates and ask
In the press conference release of the latest Monetary Policy Report (MPR), Governor Stephen Poloz sighted four key sources of risk uncertainty to the Canadian economy: Economic Capacity. Dynamics of
Two weeks ago Stats Canada released a new jobs report. The data within this report is playing a part in determining the future of fixed and variable interest rates in
If I go back to previous months market updates (December, January, February) this kind of data we're seeing today can be somewhat anticipated. Below are some leading indicators of Real Estate
Do you remember the scene from Braveheart where William Wallace is yelling "HOLD!!"? The calvary is charging, they have a plan but are waiting for the right moment to unveil
This article might be of interest to you IF you are ... Renewing your Mortgage. Considering refinancing your Mortgage. Purchasing/selling a home in 6-12 months. Are in a variable rate
There is one relevant data point that broke away from an annual trend that is worthy to note. Calgary's detached absorption rate has a history of trending down throughout the Winter
Mortgage lenders look at several important numbers when determining home buyers affordability. This blog post examines these formulas and their inputs. Gross Debt Servicing Ratio (GDSR or GDS): Here is THE formula
