Archive for: May 2016

CMHC releases Q1 results

Filed under: Mortgage - 30 May 2016

THINK OUTSIDE THE BOX:  Homebuyers with CMHC-insured mortgages have a strong ability to manage their debts.

The Crown Corporation announced its quarterly results Monday.

“The first quarter of 2016 saw us provide …

BoC rate decision comes in

Filed under: Mortgage - 26 May 2016

THINK OUTSIDE THE BOX:  Although it appears the second quarter will be much weaker than predicted because of the devastating Alberta wildfires, the economy is expected to rebound in the third quarter due to oil production resuming.

The Central Bank held …

Home prices stable in 2016 and 2017

Filed under: Mortgage - 24 May 2016

THINK OUTSIDE THE BOX:  Both Calgary and Edmonton are expected to see prices stabilize this year and show modest improvements in 2017.

For those who are concerned about the value of their house plunging in the current economic downturn, the Canadian …

Near Record Month for Real Estate in Canmore and Banff

Filed under: Mortgage - 13 May 2016

THINK OUTSIDE THE BOX:  The slowing economy in Alberta doesn’t mean all communities are experiencing a downturn in their real estate markets.

Beautiful weather and close to a record month for sales, this has been a great spring in the Bow Valley. …

Which mortgage term will save you money over the next five years?

Filed under: Mortgage - 02 May 2016

THINK OUTSIDE THE BOX:  Whether you choose a one-year fixed, a five-year fixed or some other term, your chances of making a bad decision have probably never been less.

A significant “negative shock” to the economy: That’s what it’s going …