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Friday, December 22nd, 2017

Residential, non-residential construction activity in Canada to diverge in 2017

In its latest outlook, The Conference Board of Canada stated that residential starts and non-residential construction in Canada will see notable deviations from each other in 2017, with the former slowing down and the latter exhibiting stronger activity. “Not only is the residential construction industry seeing a downturn in housing starts, spending on home renovations […]

3 STEPS TO KEEP YOUR CREDIT IN CHECK

3 STEPS TO KEEP YOUR CREDIT IN CHECK 3 Steps to Keep Your Credit In CheckIf you have have overextended yourself with credit card debt, or have consolidated all of your consumer debt into your mortgage, or are at the point where you just want to cancel your credit cards, we have the 3 steps […]

HOW A DLC MORTGAGE BROKER CAN REALLY HELP YOU!

HOW A DLC MORTGAGE BROKER CAN REALLY HELP YOU! How a DLC Mortgage Broker Can REALLY Help You!While it’s certainly easy to be intimidated by the prices that you might see as you browse MLS into the wee hours of the night, mortgage interest rates are still at a historical low. If you’re looking at […]

CONSTRUCTION MORTGAGE PART 2 – THE BUDGET, THE LOAN AND THE KEY POINTS YOU NEED TO KNOW

  CONSTRUCTION MORTGAGE PART 2 – THE BUDGET, THE LOAN AND THE KEY POINTS YOU NEED TO KNOW Construction Mortgage Part 1 – Serviced vs Unserviced LotsThe first of our Construction Mortgage Blogs covered the basics of what you would need to know for this complicated mortgage type. In this second part, we will cover […]

STARTLING GAP BETWEEN THE LIFESTYLE EXPECTATION AND REALITY OF CANADIANS 40+

STARTLING GAP BETWEEN THE LIFESTYLE EXPECTATION AND REALITY OF CANADIANS 40+ Startling Gap Between the Lifestyle Expectation and Reality of Canadians 40+Over the last few years, we have seen many retired Canadians outliving their retirement savings and requiring a financial solution to help them live the rest of their retirement. In the media alone, there […]

IS THE BC HOME PARTNERSHIP PROGRAM RIGHT FOR YOU?

IS THE BC HOME PARTNERSHIP PROGRAM RIGHT FOR YOU? BC HOMEThe BC HOME Partnership Program was created for first time home buyers who have good credit and good income but do not meet the requirements for a minimum 5 percent down payment. With at least 2.5% down payment the BC Home Partnership Program will allow […]

Bank on Hold As Housing Expected to Continue to Slow

Bank on Hold As Housing Expected to Continue to Slow It is no surprise that the Bank of Canada maintained its target overnight rate at 1/2 percent today, reaffirming its view that the Canadian economy is still operating with considerable slack despite strong employment growth and inflation remains below the 2 percent target. The policy […]

5 COMMON MISTAKES TO AVOID WHEN SHOPPING FOR A MORTGAGE

5 COMMON MISTAKES TO AVOID WHEN SHOPPING FOR A MORTGAGE 5 Common Mistakes To Avoid When Shopping For a MortgageAvoid these 5 common mistakes, and you will have no problem getting your mortgage faster, more efficiently, and with a clear understanding of the process: 1. Thinking banks are the first and best place to go […]

Vancouver home sales plunge 38.8% last month, real estate board says

The Real Estate Board of Greater Vancouver says home sales plunged 38.8 per cent last month compared with October 2015. The board says 2,233 properties were sold in October of this year, down from the 3,646 home sales recorded in the same month last year. Board president Dan Morrison says changing market conditions combined with […]

Canada is world’s fifth most prosperous

Canada has ranked fifth in a league table of the most prosperous countries but there are some risks which could topple its position. London-based think tank Legatum Institute ranks New Zealand, Norway, Finland and Switzerland above Canada with Australia just behind and the US in 17th place. However, health and education are two areas where […]

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