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Thursday, January 23rd, 2020

Lenders Worries – Consult with a Vancouver Mortgage Broker

Not many lenders go on record forecasting a housing bubble, but what they say in private surveys is another matter. FICO, a consumer analytics firm, released poll results on Tuesday that show just how concerned lenders are about housing overvaluation. But its data, which was picked up by multiple media outlets, featured responses primarily from […]

Mortgage rules may be tighter for the self-employed, but options remain – Consult with a Vancouver Mortgage Broker

If you are self-employed, live in a rural area or don’t have the best credit, you may find it increasingly difficult to get a mortgage. Yet while tighter lending rules are making it harder for some people get approved by a bank, going to a second or third-tier lender isn’t something everyone is comfortable with. […]

Price surge fuels Canadians’ optimism about housing market to highest since before financial crisis – Consult with a Vancouver Mortgage Broker

July 18, 2014 by  
Filed under Recent News

Canadians are the most optimistic about the country’s real estate market in a more than six years as prices reignite. Secret path revealed for China billions buying pricey homes in Vancouver, N.Y., Sydney Allegations of Bank of China money-laundering has uncovered a scheme to sidestep currency restrictions that is fuelling property booms in Canada, U.S. […]

China’s shadow banking system could bring down the world’s hottest property markets – Consult with a Vancouver Mortgage Broker

Chinese investors are major players in the international real estate markets. The country’s outbound property investment totaled US$2.1 billion in Q1 2014, according to Jones Lang LaSalle. And now there are concerns about the quality of the loans that have fed into international property markets. “Will China’s capital flight fuel property bubbles overseas or cause […]

‘HGTV effect’ pushes home renovation spending to record $63-billion – Consult with a Vancouver Mortgage Broker

TORONTO • It could be just the impact of all those home-renovation television programs, but Canadians are fixing up their properties like never before, according to a new report. 5 questions to help you decide whether to rent or buy a home While there’s no universal ‘right’ answer, start your decision process by asking yourself […]

Facing limited supply in Canada, home builder buys chunk of U.S. land – Consult with a Vancouver Mortgage Broker

TARA PERKINS – REAL ESTATE REPORTER- The Globe and Mail The Globe’s Real Estate Beat offers news and analysis on the Canadian housing market from real estate reporter Tara Perkins. Read more on The Globe’s housing page and follow Tara on Twitter @TaraPerkins. Canada’s largest developer of new houses has bought its biggest piece of land ever – and it’s […]

Young urban condo buyers: Why not rent instead? – Consult with a Vancouver Mortgage Broker

Question for all the young adults buying condos these days: What are you thinking? Rent that little box in the sky and save your money for a house later on. Don’t buy something you’re going to grow out of in a few years. “When you run the numbers, renting is probably a bit cheaper,” said […]

Bad weather can’t put a dent in Canadian housing sales – Ask a Vancouver Mortgage Broker

Spring came late for the Canadian residential real estate market but despite the delay the organization that represents the country’s realtors is still predicting a 1.2% jump in activity for 2014. Calgary’s housing market making a dramatic comeback Te Calgary housing market is so hot that an economist reported Tuesday that only 15 condominiums in […]

Rising real estate prices and low interest rates keep Canadian households upbeat – Consult with a Vancouver Mortgage Broker

Bloomberg News | May 20, 2014 | Last Updated: May 20 12:01 PM ET The share of Canadians who are predicting higher home prices in their neighborhood remained above 40% for a fifth week in the latest weekly polling by Bloomberg and Nanos Research. That’s kept consumer confidence levels at near the highest in four years, the data show. […]

Low loonie lifts cottage sales after chilly start to season – Consult with a Vancouver Mortgage Broker

One of the nation’s largest real estate company says recreational property sales are finally starting to pick up after a tough winter and slow start to the season. In Toronto’s housing market, ‘$2-million is the new $1-million’ Try not to panic if you haven’t bought yet but the $2-million home is a growing segment of […]

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