Mortgage Rule Changes: A Fair Look
There has been another round of Mortgage rule changes, set to take effect January 1st 2018. Read what they are here. With any decision this large, effecting so many people, in
Let it be so: Mortgage Rules Changes
OSFI: "I'm about to make it more difficult to purchase a home". Calgary's housing market: "I think things are working themselves out? Don't do anything drastic". OSFI: "Hold my beer". Effective January 1st,
What Are Four Issues The BoC Is Monitoring??
Subtitle: Bringing Canada's Economy Home The Bank of Canada (BoC) Governor, Stephen Poloz, spoke in St. John's NL late September. His speech was the first time speaking publicly since raising the
Market Report: Clinched Jaw, Then Swallow. Housing Market Is OK.
Good, Bad or Ugly I’m presenting this data to you. Have been for close to three years now. I think understanding three data points helps you make sense of today’s market
Net Migration & Wage Growth Suffer. AB Recovery Continues.
For the past three years I've consistently reported on Calgary's housing supply to anticipate any near term price movements. My most recent blog post on this matter is here.
Macro Economics: What’s Happening??
Here's what you can find in this post: [] Why the Bank increased interest rates? [] What this means to your adjustable and fixed rate Mortgages? [] What might happen in the future? Why The
Calgary Real Estate: Market Update
Below is a Real Estate market summary to help you make sense, understand and predict what might happen in Calgary's near term Real Estate market. This information below is based on
My Bank Said I’m Pre-Approved. Really?
To be clear, I'm not Bank bashing. I know good people who work at Banks. My Mom use to work at ATB. So no hate. Just story telling here ... I've
May 2017 Real Estate Report: Jekyll & Hyde
The Divergence Continues ... Whoever asks me, "how's the market" I respond with "it depends". Because I think it does. There is low supply and upward pricing pressure on Single Family Detached