1/12/2012 1:27:00 PM
ROYAL LePAGE PREDICTS FURTHER HOME PRICE APPRECIATION CONTRARY TO RECENT TALK OF DECLINE
National real estate price correction not likely until 2013 at the earliest The Royal LePage House Price Survey and Market Survey Forecast released today showed the average price of a home in Canada increased between 3.6 and 6.1 per cent in the fourth quarter ...
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9/23/2011 9:28:00 AM
THE CANADIAN HOUSING MARKET GOING FORWARD
Stricter mortgage insurance rules have taken some steam out of the Canadian housing market. Home sales fell 0.5% in August, a fifth contraction in the past seven months, while home price pressures eased. However, the impact has not been overly dramatic and ...
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2/8/2011 11:44:00 AM
CREA BOOSTS ANNUAL RESALE HOUSING FORCAST
Sales in the second half of 2010 rebounded faster than CREA had previously expected. Many home buyers recognize that the still record low interest rates represent a once-in-a-lifetime opportunity. At the same time they also are conscious of the fact that rates ...
Views: 189
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1/18/2011 2:11:00 PM
NEW ADJUSTMENTS TO THE RULES FOR GOVERNMENT BACKED INSURED MORTGAGES
The Government announced some adjustments to the rules for mortgages as follows: Reduced the maximum amortization period to 30 years from 35 years for new mortgages. Lower the Maximum amount Canadians can borrow in refinancing their mortgages to 85% from 90% ...
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1/7/2011 11:04:00 AM
WHAT IS THE MINIMUM DOWN PAYMENT NEEDED FOR A HOME?
I get asked this question quite often so here is the answer and I might add it is the same for a freehold property as well as a condo. Answer: With the changes from CMHC, the minimum amount of your downpayment depends very much on your employment situation ...
Views: 239
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