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
Mortgage
COVID Waves And Mortgage Rates
The movement of Mortgage rates in Canada are based on a long list of macro-economic policy decisions, locally and abroad. In today's world, many of these policy decisions work
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
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
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