Coast Capital Savings launched a new product that the company says will give customers greater flexibility and control.   The credit union’s You’re the Boss Mortgage was introduced on Tuesday November 9, and includes one of the highest level of extra payments in Canada, easy access to funds when needed and a new rate option […]

Canadians comfortable with their mortgage debt levels; One third have made additional payments in the last 12 months Canadian Association of Accredited Mortgage Professionals releases Annual State of the Residential Mortgage Market in Canada report TORONTO, Nov. 8 /CNW/ – Canadian homeowners are comfortable with their mortgage debt, have significant home equity and could withstand […]

News Release: November 2, 2010 Fraser Valley housing market “getting back to normal”        (Surrey, BC) – Fraser Valley’s real estate market moved towards balance in October as inventory continued to decrease and sales and prices remained stable.   A total of 1,014 sales were processed on the Fraser Valley Real Estate Board’s Multiple Listing Service® […]

Renovated real estate Garry Marr, Financial Post ·  It’s akin to a land rush. But instead of land up for grabs, it’s the right to sell land that is about to attract prospective real estate agents from far and wide. And why not? Total sales activity through the Canadian Real Estate Association’s Multiple Listing Service […]

Good real estate agent can make the difference  Look for someone with solid knowledge, reputation   By DONNA NEBENZAHL, Freelance October 27, 2010 Read more: http://www.montrealgazette.com/business/Good+real+estate+agent+make+difference/3732187/story.html#ixzz13lNbH0eY Buying or selling a home, one thing is for sure -you’ll be spending a lot of time with your agent. That’s one good reason, says Sotheby’s agent Karen Karpman, […]

Bank vs. budget: How much house can you afford? Tim Parker Investopedia We hear it all the time. The housing market is still in a slump and there are dozens of houses just a short drive from where you live that really need an owner and you may be that person. It’s fate, right? Not […]

Your options in the brave new real estate world Garry Marr, Financial Post · Saturday, Oct. 16, 2010 How would you sell your house today if it was on the market? Would you use a real estate agent or go it alone? It’s no small issue given the typical commission paid by the seller in […]

Bank of Canada says third-quarter growth was worst since recession By Julian Beltrame OTTAWA – The Canadian economy likely suffered the worst quarter since the recession over the summer months, but Bank of Canada governor Mark Carney warns against taking too gloomy a view. “I wouldn’t obsess about the third quarter,” Carney told reporters Wednesday […]

*BoC Keeps Key Rate Unchanged The market widely predicted the Bank of Canada would not raise rates, and it was right. The BoC has left its key lending rate at 1.00%. In turn, prime rate will remain at 3.00%, making today’s BoC meeting a non-event for mortgage holders in the short-term. The BoC’s call comes […]

There has been a bottoming out  Garry Marr, Financial Post · Rock-bottom long-term mortgage rates appear to have handed the housing sector the lifeline it desperately needs, helping to push up sales for a second consecutive month and keep prices from falling. The Canadian Real Estate Association said Friday sales last month rose 3% from […]