Archive for: September 2015

Here’s why Calgary should escape a housing market crash

Filed under: Mortgage - 28 Sep 2015

THINK OUTSIDE THE BOX:  The Calgary economy is less reliant on the oil industry than public perception suggests, says Ben Myers, VP of Fortress Real Developments and author of the Market Manuscript.

Myers’ report analyzes data from various independent sources and …

RBC provides industry outlook

Filed under: Mortgage - 28 Sep 2015

THINK OUTSIDE THE BOX:   RBC is reiterating its belief that the central bank will hold off on hiking rates until next year.

RBC is forecasting one of the best years on record for the housing industry, but that softening will occur in …

Fed rate freeze good news for Canadian mortgages – for now

Filed under: Mortgage - 22 Sep 2015

THINK OUTSIDE THE  BOX:  The Fed’s decision to hold US interest rates steady at near zero Thursday is good news for Canadians with a long-term mortgage.

With mortgage rates for home loans with longer terms affected by US bonds, which are …

Liberals Would Relax HBP Rules

Filed under: Mortgage - 21 Sep 2015

THINK OUTSIDE THE BOX:  Borrowing RRSP funds to buy a home would no longer be restricted to first-time buyers under a Liberal government, the party announced today.

Liberal leader Justin Trudeau has proposed that restrictions on the Home Buyers’ Plan (HBP) be …

Market Commentary

Filed under: Mortgage - 14 Sep 2015

THINK OUTSIDE THE BOX:  As we head into the busy, autumn, real estate season Canada’s housing market is showing itself to be largely balanced and stable.

Of course Vancouver and Toronto continue to exert undue influence on the national averages. In …