Canadian housing market defies skeptics as starts top expectations – Consult with a Vancouver Mortgage Broker

TORONTO — Canadian housing starts were stronger than expected in June and May figures were revised higher, according to data released on Tuesday, the latest report to show the property market rebounding from last year’s government-induced slowdown. Housing market fuelling loonie’s rise from two-year-low The Canadian dollar rose from its lowest level in almost two […]

Toronto real estate: Cottage country sales rebound from wet spring

2013 heralded as turnaround point for market that’s been flat since 200 By: Susan Pigg Business Reporter The impact of a soggy spring continues to be felt across Ontario cottage country, where sales — and prices — in many regions are down slightly from last year. Yet 2013 is being heralded as a possible turnaround year for […]

2013 housing sales off to better start than expected – Consult with a Vancouver Mortgage Broker

Canadian Press | 13/06/17 |  Sorry to inform you, but ‘The Great Real Estate Crash of 2011…no…2012…no…2013′ has been postponed OTTAWA — The number of Canadian homes sold so far this year is slightly higher than projected and it looks as if 2014 will show a rebound, according to a new forecast by the Canadian real estate industry’s […]

Spring puts bounce back in Canadian home prices – Consult with a Vancouver Mortgage Broker

TORONTO — Canadian home prices jumped in May from April as a spring rebound in real estate continued in most cities, offsetting a couple of weak markets, the Teranet-National Bank Composite House Price Index showed on Wednesday. Upbeat new housing numbers could be ‘last hurrah’ New housing already purchased and in the pipeline continues to […]

Home Buyers: What should a real estate lawyer do for you? – Ask a Vancouver Mortgage Broker

When graphic and web designer Andy Stanleigh bought a house in Oakville, Ont. last summer, he learned the value of having a real estate lawyer on call. A few days before closing, Mr. Stanleigh and his wife received a surprise letter from the vendor’s lawyer, saying that they needed to immediately pay nearly $1,100 in […]

Even in a real estate slump, Canadians lured into bidding wars- Consult with a Vancouver Mortgage Broker

Garry Marr More from Garry Marr | @DustyWallet People still willing to jump into real estate bidding wars might want to ask themselves why they want to be part of such a buying frenzy in this softening market. Get ready condo flippers, Canada Revenue Agency is hunting you With the deadline for filing taxes this month, you might […]

5 tips for a safe ‘open house’ event – Consult with a Vancouver Mortgage Broker

(NC)—Hosting an ‘open house’ is an effective real estate sales tool that your agent will likely recommend, but how can you be sure your security will be kept in check? “Ask your Realtor questions about how to prepare for visitors,” says Carla Bouchard, a broker with Royal LePage Metro. “Make sure that you understand what […]

How to Choose your Vancouver Real Estate Agent – from your Vancouver Mortgage Broker

How to Choose your Vancouver Real Estate Agent – from your Vancouver Mortgage Broker Realtors are trained and licensed professionals, but like any professional they are not all the same. Whether you are buying or selling a home in Vancouver, their services can be invaluable. Although you might be tempted to go the FSBO (For […]

BMO Home Buying Report: First-Time Buyers Expect to Spend $300,000 on First Home with an Average Down Payment of $48,000

– On average, first-time buyers expect it will take them 20 years to pay off their mortgage – Report shows first-timers prefer a fixed rate to a variable rate mortgage by more than a 2:1 ratio – Report reveals how recent changes to Canadian mortgage rules have affected the timeline to buy for first-time buyer […]

Explaining Property Disclosures in Vancouver – From Your Friendly Vancouver Mortgage Broker

Explaining Property Disclosures in Vancouver – From Your Friendly Vancouver Mortgage Broke Every home has its own unique quirks. Unfortunately, some of these quirks translate into health and safety issues for a potential home buyer. As a Vancouver mortgage broker, we understand that it is important to learn everything about the home you’re thinking of buying, because it is a huge […]

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