Archive for: April 2015

New/Old Land Titles Fees Coming July 1, 2015 – Collateral Mortgage Damage

Filed under: Mortgage - 27 Apr 2015

THINK OUTSIDE THE BOX:  With the most recent Alberta Budget a number of user fee tax increases were announced, the most pointed for us being the increase in Land Titles registration fees.

In case you missed it, effective July 1, 2015, …

New housing investment still highest in Alberta

Filed under: Mortgage - 24 Apr 2015

THINK OUTSIDE THE BOX:  Despite the current economic backdrop, many of Alberta’s housing indicators such as housing starts, building permits and investment in new housing continue to suggest that homebuilders remain optimistic about the housing market here in Alberta.

Unlike Alberta’s …

Posted Rates & Penalty Pain

Filed under: Mortgage - 20 Apr 2015

THINK OUTSIDE THE BOX:  When choosing between mortgages, knowing how different lenders calculate penalties can be essential.  The market and your needs can easily shift during the term of your mortgage and the last thing you want is a painful …

First-Time Buyers by the Numbers

Filed under: Mortgage - 09 Apr 2015

THINK OUTSIDE THE BOX:  If this will be your ‘first time’ buying a home, your mortgage professional can provide invaluable information to ensure you have a comfort level that you will be able to afford your new mortgage payment at renewal should interest rates rise, …

Jobless rate 2015 won’t come close to historic highs

Filed under: Mortgage - 01 Apr 2015

THINK OUTSIDE THE BOX:  Even with the expected increase, the rate of unemployment will remain well below the nasty levels seen in 1984 (above 12 per cent), 1993 (above 10 per cent) or even 2010 (above 7 per cent).

Unfortunately, the …