Recent Posts in ‘Real Estate’
Infographic: Just How Overvalued Is Your Home?
Last week I came across this great infographic on the Canadian Business website. The simple infographic goes along was to show just how polarized opinions are when it comes to Canadian real estate values. The first quarter of 2013 has shown that real estate in Canada is starting to slow down but the question “how
Highlights From CAAMP’S 2012 State Of The Residential Mortgage Market Survey
The Canadian Association Of Accredited Mortgage Professionals (CAAMP) does a great semi-annual survey where they interview 2,000 Canadians to get a deeper understanding of the Canadian residential mortgage market. The survey is anticipated by our industry to get a snapshot of the market and attitudes of mortgage borrowers. There were both positives and negatives to
Economic Buzz with Benjamin Tal Fall 2012
I can’t seem to avoid the conversation about real estate in Canada. This past weekend I must have been asked at least half a dozen times about my thoughts on the market. I always give the same cautiously optimistic response. However I am not an economist and can’t delve deep into the fundamentals but Benjamin
What Is Title Insurance?
Do you have title insurance on your home? I bet you do! And for good reason. It’s there to protect you from fraud. Each year title fraud costs Canadians hundreds of thousands of dollars. If you aren’t sure if you have title insurance and what this important tool covers then you’ve got to read on.
Is Now The Time To Refinance My Mortgage?
Interest rates are low. Mortgage lenders are competing for market share. And I’ve been getting asked often from homeowners the question: is now the time to refinance?
30 year amortization gone as Canadian mortgage lending rule changes
By now you’ve probably heard that the Government is making changes to the mortgage rules. Among other changes, the maximum time you can amortize your mortgage changed from 30 years to 25 years. The new rules kick in on July 9th.
Canadian Real Estate Market: Balloon or Bubble?
I’ve been having a lot of conversations lately with clients and colleagues about the stability of the Canadian real estate market and the fear of a crash. The Canadian media has latched on to the subject and on a daily basis is pumping out sensational news stories of doom and gloom for Canadian real estate.
Benjamin Tal’s Economic Buzz Winter 2012
Every quarter our support staff at The Mortgage Centre head office go through pages and pages of Benjamin Tal’s economic reports to give us a reader’s digest version of what is making economic news. The Economic Buzz report is easy on the eyes and can be read in a minutes time. Benjamin Tal is the
Canada Looks To Tighten Mortgage & Credit Lending Rules In 2012
This week there are two headlines grabbing the attention of mortgage brokers, bankers and borrowers in Canada. Both have far reaching implications in the mortgage industry and it may not be a fluke that both are making headlines in Canada at the same time. On the one side we have the government of Canada expressing
