Archive for: February 2012

Many Baby Boomers getting closer to retirement age are still loaded down by debt

Filed under: Mortgage - 29 Feb 2012

According to Statistics Canada, many Baby Boomers getting closer to retirement age are still loaded down by debt. This is an issue because their income will be greatly reduced during retirement and paying down debt will be increasingly more difficult. …

Canada’s government will make it tougher for many homebuyers to get mortgages this year

Filed under: Mortgage - 21 Feb 2012

OTTAWA — Canada’s government will make it tougher for many homebuyers to get mortgages this year as it grapples with an overheated property market, according to analysts in a Reuters poll, who also ruled out the prospect that prices could …

CMHC First Quarter 2012 Housing Market Outlook

Filed under: Mortgage - 13 Feb 2012

Housing starts: After an active 2011, multiple starts are expected to moderate while single starts will level off. For 2011, housing starts came in at 193,950 units. Looking ahead, starts are forecast to be 190,000 for 2012 and 193,800 for …

The 5 profit centers of real estate

Filed under: Mortgage - 03 Feb 2012

Advice Jan 31, 2012

By Malcolm Silver

With the volatile financial markets of the past three years, wise investors are looking for alternative vehicles for their wealth. Real estate investments offer five profit centres:

1. Market appreciation

2. …