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Finally, a tax break on Lander transfer tax.

Did you get a larger Land Transfer Tax rebate?

If you bought a home this year, and you’re a first time home buyer, then you’ll pay less tax..   213 more words

Mortgage News

Coming soon...Higher CMHC premiums March 17, 2017

This is not a recording.  CMHC is increasing their premiums for the 3rd time in 4 years.  Here’s what it will look like.

Loan-to-Value Ratio… 318 more words
Mortgage News

Debt diversification vs Debt consolidation...who wins?

ONLY IN CANADA

Attention:  Bankers, close your ears.. we don’t want you to hear this.  Credit card balances, lines of credit, car loan, student loan, home reno loan, personal loan..   361 more words

Mortgage News

Home Equity Continues to Improve

CoreLogic reported US homeowners with mortgages saw their equity increase by $227 Billion in Q3 of 2016, up 3.1% annually.  This growth is associated with the improvement of the average loan-to-value ratio.  182 more words

Mortgage News

Rates Up, Pending Home Sales Down..

Weekly Review

The major stock market indexes posted moderate losses for the week and the psychological milestone of 20,000 for the Dow Jones Industrial Average remained elusive.  540 more words

Mortgage News

Mortgage rate outlook 2017.. Expect Fixed mortgage rates to go up...Expect Variable rate pricing to drop.

Fixed mortgage rates have increased by about 0.40% in the last 6 weeks.   Today’s 5 year fixed rates are at around 2.89% and will could continue to go up in 2017.   902 more words

Mortgage News