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
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
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
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
With the month of March behind us, let's look back at the data to gage Calgary's detached and apartment housing market's near term price movements. I've been writing this summary
Let's talk about some market opportunities due to the recent fixed interest rate hikes and forward guidance by the Bank of Canada. Before we dive into the opportunities, let's
Let's look back at February's housing data for a temperature check on Calgary's Real Estate market (data from CREB (link)). My intention is to provide you some of my insight
Government of Canada bond yields have been rising which is a leading indicator that fixed rate Mortgages are set to respond in kind (and they are). Is the fixed
Are we seeing Calgary's Real Estate market experience inflationary pressure? Or is our price growth simple supply v. demand economics? Overview: I've written about how money is being created in Canada