Hot, hot, hot! Sales and Summer Weather!
A heat dome engulfed much of North America resulting in scorching hot weather. A heat dome is also over much of North America's Real Estate market. Let's zoom
Inflation Outlook: Sleepless Nights
What Do You Think Keeps The Bank of Canada Up At Night? Inflation? Or Deflation? Neither ...It's Stagflation! Let's Talk About It: Inflationary pressure. Deflationary pressure. Stagflation. What
Mortgage Penalties: A fundamental review
Hey! I've had this conversation twice in the past week with existing clients and wanted to update everyone on some fundamental information. 1. Mortgage penalties. [] Why. [] What. 2. Penalty formulas. [] 3
Calgary Real Estate Report: May 2021
What's happening in Calgary Real Estate? A lot. And for many reasons. Let's take a look at data from the Calgary Real Estate Board (CREB) to start
Mortgage Rate Outlook: The Risk
Persistent inflation is a big risk to the Mortgage interest rate outlook in Canada. Check out my previous post that covers how inflation can also play out to be
Insured Mortgage Rule Change
The Mortgage qualifying goal posts have slightly moved, again!Here's a quick history of recent rule changes:July 2020: CMHC qualifying rule change (in effect).April 2021: Uninsured qualifying rule change (effective 1 June 2021). *May 2021: Insured
How Does Inflation Affect Mortgage Interest Rates?
I think you've heard the narrative "inflation is rising" if you've browsed any business news over the past month. You've more than likely heard about the inflated prices of
Boom Town
Here's a brief summary of how we got ourselves into a heated housing market: 7 Year Calgary Real Estate Summary: Peak pricing in 2014. Calgary's Real Estate market was white hot
Mortgage Rule Change Coming!
Another Mortgage rule change is to take effect 1 June 2021. Here's what you need to know ... What is a "stress test"?What are current Mortgage qualifying rules?What is the