I wanted to give everyone a bit of an update on where the market is at present……Since November 1st 2010, we have seen 5 year bond yields go from a low of 1.98% to yesterday’s high of 2.37%, a 0.39% increase in a very short period of time. Based on published rates (3.59%) spreads have […]

Is retirement chained to your home? Garry Marr, Financial Post · Tuesday, Nov. 9, 2010 Canadians plan to take longer to pay off their mortgages, maybe even 35 years, but they don’t expect it to affect their retirement plans. Something in that plan just doesn’t add up. A new study from the Canadian Association of […]

REALTORS CARE® BLANKET DRIVE GEARS UP FOR COLD, WET WINTER   VANCOUVER, BC –  With predictions for this winter to be the coldest and wettest in 50 years, and the number of homeless people on the rise in the Lower Mainland, the need for the annual REALTORS Care® Blanket Drive could be at its highest in […]

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 […]