Archive for: April 2013

Housing Market Outlook – Provincial Forecast

Filed under: Mortgage - 16 Apr 2013

THINK OUTSIDE THE BOX:  While housing starts and MLS listings appear to have declined nationally, this means there is less ‘product’ which could help stabilize prices from declining further in many areas of Canada.

Based on CMHC’s First Quarter …

What Rates Could Do to Affordability

Filed under: Mortgage - 10 Apr 2013

THINK OUTSIDE THE BOX:  Although it appears our mortgage debt to income is within our affordability range currently, outside debts may be a whole other story.  As such, it would be prudent to ensure you do a financial health check …

Inspection needed even when buying new condo?

Filed under: Mortgage - 02 Apr 2013

THINK OUTSIDE THE BOX:  The cost of a home inspection usually ranges from about $300.00 up to $700.00+ depending on the subject property.  It’s been my experience the majority of condo purchasers do NOT have a home inspection condition as …