Location, Location, Location

General Vivian Pritchard 20 Apr

Location, location, location crucial to first-time home buyers: Survey CALGARY – In residential real estate, there’s an old saying about how location is an important factor in any purchase – besides the price of course. A BMO Bank of Montreal survey, released today, says that among current and future first-time home owners, location is the […]

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Active Spring Home Buying Market

General Vivian Pritchard 24 Mar

Canada’s housing boom will continue this spring as exceptionally low mortgage rates – and the expectation that borrowing costs will soon be headed higher – add a sense of urgency to consumer buying.  A Scotiabank global real estate trends report released yesterday predicts most Canadian regions will remain sellers’ markets for the first half of […]

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Majority of Canadians View Buying a Home a Good Investment

General Vivian Pritchard 9 Mar

“With the Canadian housing market showing continued vigour, it’s not surprising that Canadians feel more confident in the long-term value of owning a home,” said Robert Hogue, senior economist, RBC. “Exceptionally low mortgage rates and improved affordability have been key reasons for the resurgence in the housing market this past year.” Most Canadians who intend […]

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Regular Reviews of Your Mortgage a Good Idea!

General Vivian Pritchard 8 Mar

Regular reviews of your mortgage ensures your loan is still right for your financial situation by Malcolm Morrison, THE CANADIAN PRESS TORONTO – Buying a home is probably the most expensive purchase you will ever make and if you’re like the vast majority of Canadians, you used a lot of borrowed money to experience the […]

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The security of fixed-rate or the cost savings of adjustable-rate — which mortgage is better for you?

General Vivian Pritchard 14 Dec

All mortgages are not created equal. In addition to principal amount, interest rate, amortization period, prepayment options and whether the mortgage is “open” or “closed,” the remaining major characteristic is whether the interest rate is fixed or adjustable. Both fixed and adjustable-rate mortgages have consistent monthly payments that blend interest costs and principal repayment. They […]

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