Mortgage Rate Update – Feb 15 2012

Rates remain at historical lows. A $300,000 mortgage is only $1263 based on a 5 year fixed rate! No matter what happens in the next 5 years, your payment is in most cases,… Read More →

5 YR Fixed Rate down to 2.99%. 10 YR as low as 3.85% !!!

Mortgage Rates have dropped again! There has never been a better time to buy or refinance. Anyone who chooses to rent and not own today is NUTS. If you are a first time… Read More →

Bank of Canada Holds Rates Steady

With all the uncertainty surrounding many of the world’s economies at the moment, there was a semi-sure bet- that they Bank of Canada would stay put, given the strength of the headwinds blowing… Read More →

Money and Oxygen

Money isn’t the most important thing in life, but it’s reasonably close to oxygen on the “gotta have it” scale. . . Zig Ziglar One of my favourite quotes from the master, Zig.… Read More →

Incredible Analogy: Understanding The US Mortgage Disaster

Not sure of the author, but this is a perfect analogy that, in my mind, clearly sheds light on the disaster that is the US Mortgage Market. IMAGINE:   Heidi owns a bar in… Read More →

No Evidence Of Housing Bubble

Canada as a whole does not face a housing bubble that requires government action, Finance Minister Jim Flaherty said on Wednesday. Asked at a news conference in New York what it would take… Read More →

Quick Tips For Boosting Your Credit Score

Your credit score is one of your most valuable assets when it comes to buying or investing in real estate. Planning ahead to ensure your  credit is healthy before applying for a mortgage… Read More →

Monday Morning Mortgage Rate Update

By David Larock. On Wednesday of last week, Statistics Canada released its latest  Consumer Price Index(CPI) data for August 2011. While overall CPI rose  3.1%, up from 2.7% in July, this was mainly… Read More →

No Down Payment? . . . No Problem . . . (No Kidding).

We can now help you get into the home of your dreams sooner than ever even if you have NO down payment. If you have a solid credit history, but limited funds for… Read More →

Real Estate Advice for Couples Planning a Divorce

By David Larock. When couples decide to divorce, financial assets accumulated while together must be equitably divided and in many cases, the most substantial shared asset is the matrimonial home. While each spouse… Read More →