Blog posted by Cory Kline, AMP
Views (5812)
We saw a small movement upwards in the bonds the last few days. There have been no major changes in interest rates
5 year funds are available in the 2.84-2.99% range, 10 year... [ read more ]
Blog posted by Cory Kline, AMP
Views (5536)
Did you know? Both CMHC and Genworth will consider refinances for marital split payouts up to 95% of the home value, on an exception basis. Typically clients can only refinance up to 80% LTV of the equity... [ read more ]
Blog posted by Kevin Harris
Views (10235)
We keep hearing it on the news, from government, economists and banks… housing is more unaffordable today than it was for previous generations. Is it really as much as people claim?
We thought we would take a look and see at what the differences... [ read more ]
Blog posted by Kevin Harris
Views (12266)
Not a boom, but not a bust either
According to an article in the Leader-Post StatsCan has reported that the economy had stronger growth than predicted in January. The growth was primarily driven by a stronger manufacturing sector but the arts, technology and... [ read more ]
Blog posted by Cory Kline, AMP
Views (6203)
Another week has past and the interest rate markets remain extremely low and unchanged. 5 year funds are available in the... [ read more ]
Blog posted by Cory Kline, AMP
Views (6293)
1. How long have you been in the business? (Ideally, at least two to five years) 15 years
2. How many lenders does your team have “top-tier status” with? (Preferably six to seven or more)10+
3. Is the rate you’re quoting me the lowest rate for... [ read more ]
Blog posted by Kevin Harris
Views (10078)
Whether it’s most important for you and your family to shrink your bills or reduce your carbon footprint, these resolutions are commendable. Here are some useful tips that can benefit ecological conservation, make more time for family, and lead to home... [ read more ]
Blog posted by Cory Kline, AMP
Views (7347)
No changes in rates the past week ... 5 year funds remain in the 2.94-3.19% range, 10 year funds as low as 3.69%. Variable rate mortgages are available as low as 2.65%.... [ read more ]
Blog posted by Joanne McPhail
Views (24010)
(1 comments)
Clients of mine recently purchased a property, only to discover on closing that the air conditioner had been removed right before closing. They now find themselves in the midst of a small claims court action for damages for the loss of the value of the unit... [ read more ]
Blog posted by Cory Kline, AMP
Views (5762)
Canada
• Citing a more muted inflation outlook and constructive evolution of imbalances in the household sector, the Bank of Canada stated that the withdrawal of monetary stimulus is less imminent than previously anticipated. That surprised markets, and... [ read more ]
Blog posted by Cory Kline, AMP
Views (6600)
Industry News
While the Bank of Canada acknowledges the economic outlook here and elsewhere “is slightly weaker” than thought, policymakers are also offering up some hope for the near future.
In a nutshell, Canada’s economy is... [ read more ]
Blog posted by Cory Kline, AMP
Views (5591)
Canada
• The Bank of Canada’s Business Outlook Survey revealed that businesses are mildly optimistic about the future. Manufacturing sales also came in better than expected earlier this morning.
• The third Canadian data release for the week was... [ read more ]
Blog posted by Cory Kline, AMP
Views (5553)
• The U.S. Congress reached a deal to avoid the worst of the fiscal cliff, although a decision on scheduled spending cuts was pushed back two months. This outcome was quite close to our expectation, and as such our macroeconomic outlook remains... [ read more ]
Blog posted by Cory Kline, AMP
Views (5535)
Bond rates inched up the past week, resulting in a few lender's raising their fixed rates by 5 basis points. We have 5 year terms available in the 2.98% range and 10 year terms from 3.79%. Variable rates... [ read more ]
Blog posted by Cory Kline, AMP
Views (5651)
There were no changes to rates over the holiday season.
If you have a variable rate of any more than prime +.75 or a fixed rate of... [ read more ]