Blog
Fewer First-Timers Get Pre-Approved
2011-06-20 | 07:32:02
If TD Canada Trust is right, first-time home buyers haven’t been preparing for mortgages like in the past.TD’s annual First Time Homebuyers report found that only 76% of respondents said they got pre-approved for a mortgage before house...read moreBOC's Carney Warns of Runaway Housing Market
2011-06-20 | 07:15:50
Bank of Canada Governor Mark Carney sounded more alarm bells last week. It was a warning about the perfect storm of rapidly rising home prices and the future vulnerabilities of homeowners when interest rates start rising.Fittingly, Carney was...read moreThe tax pitfalls in earning income from the family retreat
2011-06-16 | 09:49:50
TIM CESTNICK - The Globe and Mail - Thursday, Jun. 16, 2011 After boarding the plane to fly home from Calgary this week, one of the flight attendants came over the public address system and said: “Ladies and gentlemen, thank you for...read moreCarney warns of trouble in overheated housing market once interest rates rise
2011-06-16 | 08:54:26
Keven Drews, The Canadian PressVANCOUVER - Canada's housing market is entering overheated territory and many Canadians could be financially hurt once interest rates begin to rise, Bank of Canada governor Mark Carney is warning.The central banker on...read moreAfter The Rule Changes
2011-03-21 | 07:23:46
So far, the most popular question we’ve seen following Friday’s mortgage rule changes is:Can I switch lenders if my loan-to-value is over 85% and my amortization is over 30 years?The answer is yes, as long as your amortization, mortgage...read moreMortgage Rates Are A Bargain These Days
2011-03-10 | 07:52:38
The difference between yields on Canada’s five-year government bonds and mortgage rates offered by the nation’s banks has narrowed to about the least in four years as lenders absorb higher borrowing costs to try to increase their share of...read morenext »