Condition of finance
Let's cover off a fundamental in your Real Estate contract, and a critically important date for your Mortgage approval, condition of finance. Here's what we'll discuss below: Accepted offer to
Category
Fundamental knowledge
July 2021 Real Estate Data
What's happening in Calgary's Real Estate market? Let's look at our Real Estate board data, and tie everything together with a heavy dose of context. Supply & Demand Real Estate
Fixed Vs Variable?
Let's circle back on this classic question when choosing a Mortgage product ... Should I go with a fixed or variable rate Mortgage? Let's provide some structure to this post with a
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
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
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
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
Calgary Real Estate Update: Lit.
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