As we round the corner from summer to fall, CMHC has once again produced their Housing Market Outlook for the most recent economic quarter. Included, as always are summary statistics of where we’ve been and where we’re expected to be headed in the coming months and short-term future. As mentioned previously, despite the more dramatic [...]
August 31, 2010
NORTH AMERICAN & INTERNATIONAL ECONOMIC HIGHLIGHTS By CIBC chief economist, Benjamin Tal
August 20, 2010
... and how much of a home can you purchase with your total income?
August 20, 2010
A walk through of some of the ins and outs, ups and downs of why Real Estate is different from other investment options when it comes to economic predictions and projections; the "human" element plays a large role and this truly differentiates it as a different 'beast' altogether!
August 17, 2010
To all of the 'fence-sitters' that are thinking of joining the industry as a Mortgage Associate, here is the new layout of the ins and outs of the new educational program. I had mentioned in our previous post that it was coming down the pipeline in the fall of this year: it sounds like it will be up and running within the next month.
August 17, 2010
Five of Canada’s major banks reduced many of their posted mortgage rates by one-tenth of a percentage point, effective today. The posted five-year closed mortgage rate is now 5.49 per cent annually for the Royal Bank of Canada, Bank of Montreal, scotiabank, CIBC and Laurentian Bank. RBC was the first to announce the rate cuts [...]
August 31, 2010