From ATB Financial's morning economic comment: Attention turned to the Bank of Canada this morning. As the only central bank within the G7 countries to have raised interest rates in 2010 (and raising them three times over the summer), Canada’s central bank now appears to be putting rate increases on hold...
December 6, 2010
Three changes take place Jan 1, 2011 that will affect your ability to obtain and retain your Accredited Mortgage Professional (AMP) designation:
December 2, 2010
Housing has been a leading indicator of Alberta’s economy recently – in 2009 it was one of the first to rise from the ashes of the recession and this year it was one of the first to slow down after the initial recovery. And, if housing figures for Calgary in November are a sign, the economic situation could be looking fairly ‘middle of the road’ as we move into 2011.
December 2, 2010
Finding financing for a real estate investment, land deal or show home can be challenging to nearly impossible with a traditional bank. However, there is money out there, and it’s not illegal. There are many reputable private lending firms and even private individuals that will lend to clients with untraditional purchases or circumstances.
November 29, 2010
Alberta is used to being #1 when it comes to the economy. Over the years leading up to the 2009 recession, the province was racking up a series of top honors. But coming out of the recession, Alberta still holds one not-so-flattering #1 position: the most lagging job market.
November 29, 2010
Canada’s annual inflation rate jumped to 2.4 per cent in October, its highest level in two years, as Canadians were hit with price hikes for most things from gasoline to cars, shelter and food.
November 18, 2010
Having processed hundreds and helped our team process literally thousands of transactions in my career, I’ve come across so many different situations and it goes almost without saying that everyone’s situation is unique. Even more so, it’s important to note that as many things that this guide will educate you about mortgage products and the ‘right’ things to do to successfully obtain mortgage financing, there are also a few pitfalls that I’m happy to be able to help you avoid as well. Here’s a list of a few of the things that I’ve experienced in my career in helping clients with their mortgage needs…
November 16, 2010
A common misunderstanding among many clients is that a pre-approval by a lender gives them the 'OK' to start house-shopping, and guarantees that they can purchase a new home. Oftentimes, this is NOT the case.
November 12, 2010
Canadians plan to take longer to pay off their mortgages, maybe even 35 years, but they don't expect it to affect their retirement plans. Something in that plan just doesn't add up.
November 1, 2010
Trimor Home Finance has a fantastic opportunity to save YOU thousands of dollars on your mortgage!
December 7, 2010