Archive for: May 2015

Market Commentary

Filed under: Mortgage - 25 May 2015

THINK OUTSIDE THE BOX:  The latest round of economic data has real-estate watchers returning their focus to interest rates.

Activity in the bond market and the latest employment numbers are fueling predictions there will be a bump in fixed-rate borrowing costs …

New home prices in Calgary and Edmonton

Filed under: Mortgage - 14 May 2015

THINK OUTSIDE THE BOX: Today’s new housing price numbers confirm that even in the face of an economic downturn, Albertans should still have confidence in our province’s housing market.

Prices of new homes in Calgary displayed the largest monthly decrease among any …

Notley makes buying a home more affordable by cancelling PC Mortgage Tax hike

Filed under: Mortgage - 11 May 2015

THINK OUTSIDE THE BOX:  Today, Rachel Notley announced that the NDP will help homebuyers and cancel Jim Prentice’s staggering 600 percent increase to the Mortgage Tax.

“Families are worried about their jobs and paying for their mortgage,” said Notley. “But Jim …

Alberta’s job market surprises on the upside in April

Filed under: Mortgage - 08 May 2015

THINK OUTSIDE THE BOX:  The worst case doom-and-gloom scenarios for Alberta’s job market are looking less and less probable.

Despite a slowdown in economic activity this year, Alberta’s job market posted a surprisingly strong gain last month. According to the latest …

Market Commentary

Filed under: Mortgage - 06 May 2015

THINK OUTSIDE THE BOX:  In a surprising report Canada Mortgage and Housing Corporation says it sees only two high risk real estate markets in Canada and neither one of them is Calgary.

Despite all of the attention focused on Calgary because …