Mortgage Rule Change FAQ
Here are the MOST popular and frequently asked questions, post Mortgage rule change: 1. What is the qualifying interest rate? Today, the qualifying interest rate is 4.64%. This means that potential home
National & Provincial Economic Update
Hey Everyone, Here are some of the important highlights from today's Bank of Canada (BoC) interest rate announcement. I've also included a current Alberta economic update for higher connection and relevance
Post Mortgage Rule Change Fallout: Property Values
Many people I speak with want to see, all else being equal, how the new qualifying interest rate would change home purchasing power. Before we get started, let's cover off on
Behind The Headline: “House & Apartment Prices Move Higher!”
Strictly looking at one or two data points from the Calgary Real Estate Board's (CREB) most recent news release might lead me to believe our detached and apartment sectors are
Looking Beyond: 3 Factors That Influence Canadian Interest Rates
Here are three "things" that happened last week which influence Canadian interest rates, and why I think you want to pay attention: OSFI draft proposal. U.S Federal Reserve's agenda. Governor Poloz's speech. OSFI
Mortgage Tightening Rules “For Dummies”
It wasn't all that long ago when 40 year amortizations existed, refinancing a Mortgage up to 95% of the value of my home was possible OR that if I was
Bank Of Canada Rate Announcement: Maintain
Hey Everyone! Below is the Bank of Canada press release from earlier this week justifying their current interest rate decision. The BIG highlight is our Key Lending Rate has remained unchanged at
Calgary Real Estate: 9 Months In Review
Use the information below to: Help you anticipate near term Single Family Home (SFH) and Apartment price movements. Anticipate near term fixed interest rate movements. Help you decide WHO you
Provincial Economic Update
As always with my content for you, I put things into the simplest terms, to help you also make sense of what's happening in our Provincial economy. Please do not feel