Mortgage Rules are changing effective October 17,2016

2016-10-04 | 09:35:23

Morneau Takes Out the Big Guns to Slow Housing By: Dr. Sherry CooperYesterday, Ottawa unveiled major initiatives to slow housing activity both by potentially discouraging foreign home purchases and, more importantly, by making it more difficult for...

10 Questions For First Time Buyers

2016-09-27 | 07:07:00

As a first time home buyer, the process of purchasing a home can seem very daunting.  From a financing standpoint, here are 10 common questions I hear from first time home buyers.Click HERE To Read More

Canadian Jobs Seesaw Upward

2016-09-09 | 08:24:08

The August jobs report was stronger than expected as payrolls bounced back from a significant July decline. Canada's economy added 26,000 jobs last month (a 0.1% gain), thanks to large gains in the public sector and increased payrolls in Quebec. The...

Life Happens, Let Your Home Help

2016-09-09 | 08:22:05

Sometimes “life happens”, and when it does, your home can be your savior if you have accrued some equity in it. Maybe you’ve been out of work, run up your credit cards and driven your credit rating into the ground. Perhaps, you...

Mortgage Residential Market Commentary

2016-09-07 | 14:39:07

 British Columbia’s effort to cool the effect of foreign money on the hot Vancouver housing market may be getting some help from Quebec.  That province’s government is reported to be tightening the conditions of its Immigrant...

Bank of Canada Hold Overnight Rate at 0.5%

2016-09-07 | 09:33:37

The Bank of Canada's decision to hold rates steady once again was very much as expected, even though first half growth was well below the forecast in the July Monetary Policy Report. US growth in the first half of this year was also disappointing,...