Although we’re not Realtors, Builders or Developers, as Mortgage Specialists we are often asked by First-Time Homebuyer clients about what the marketplace may offer in terms of housing options for their lifestyle.
October 5, 2010
When buying a new home there are a few simple steps that you can take to make everything run smoothly. If you are prepared and understand how to avoid common mistakes, the mortgage approval process can be easier than you think.
October 4, 2010
It's common for homebuyers and homeowners to want to 'tweak' their surroundings with a touch of personal flair... but where do you get your biggest bang for your buck and what are some of the 'money pits' that you'll likely never see a return on your investment?
September 16, 2010
A review of the simple concept of why buying makes more sense than renting
September 10, 2010
As you've seen through this past week, the overnight lending rate jumped to 1.00% and subsequently, Prime jumped to 3.00%. Fixed rates have actually come down to the 3.69% range for a 5-year fixed, so this is good news for new homebuyers and those of us that would like to refinance our homes.
September 3, 2010
Beware the initial sexy ads: low rate, no-frill mortgages are probably NOT the tool that you want to use when you purchase or finance your home!
August 31, 2010
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.
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!
October 7, 2010