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By Marcus Assalone, on January 26th, 2012
The U.S. Federal Reserve borrowed a play from Bank of Canada governor Mark Carney on Wednesday when they promised to keep interest rates low until at least the end of 2014. This is a good indication that Canadian rates will stay low as well, thus continuing the support of the real estate market here.
In Canada [...]
By CMHC SCHL, on July 15th, 2011
CMHC Loan Insurance Helps First Nations Access Housing Financing Options
Having a safe, affordable place to call home is about more than four walls and a roof. A home is an important source of
To help create easier access to housing and better housing conditions on-reserve, Canada Mortgage and Housing Corporation (CMHC) offers three innovative loan [...]
By Marcus Assalone, on April 14th, 2011
A property survey is a map of the property showing the specific location of the property line and any structures, (houses, sheds,
Photo Courtesy of Steve F
detached garages, driveways, pools fences, etc.) and easements, which are certain rights others have to access that part of the property. (An easement may exist so that utility [...]
By Marcus Assalone, on January 17th, 2011
Today Canada’s Federal Finance Minister Jim Flaherty introduced new restrictions to be placed on mortgages insured by the CMHC. (Those are mortgages where the homeowner contributes less than 20% of the purchase price as a down payment.) These new rules will take effect on March 19, 2011.
· Maximum Mortgage Amortization periods will be reduced from [...]
By CMHC SCHL, on July 29th, 2010
Is Homeownership Right for You?
You’ve weighed your options, and now you want to buy a home. Purchasing a home is one of the biggest investments
Purchasing a home is one of the biggest investments you'll ever make. So before you make an offer, make sure you're ready to take on all the financial and emotional [...]
By CMHC SCHL, on July 2nd, 2010
What You Should Think About When Financing Your Home
If you’re like most Canadians, your home is probably the most important investment you’ll ever make. Whether
Whether you’re buying a home or refinancing your existing home, making the right decision now can help save you money and provide greater financial stability for your family in the [...]
By CMHC SCHL, on April 20th, 2010
How to Choose a Mortgage that’s Right for You
CMHC’s Homebuying Step by Step guide has the answers you need to your mortgage financing questions.
Congratulations! You’ve decided to begin your search for a new home, or perhaps you’ve already found the home of your dreams and are ready to make an offer. It’s [...]
By Marcus Assalone, on March 22nd, 2010
On March 17th 2010, trading of the Canadian dollar rose to just over 0.992¢ in U.S. dollars, bringing thoughts of Dollar parity with the United States. The problems of the United States dollar are well known and documented. Their greatest problem is the historic levels of debt in the nation. Deficit spending is rattling the [...]
By Marcus Assalone, on March 11th, 2010
The most rewarding part of my job is helping young couples get a good start on their life by finding them a home that will support their dreams for years to come. For most couples, buying a home together will be the largest single investment they will ever make. It’s an important decision just as [...]
By CMHC SCHL, on October 22nd, 2009
How to Choose a Mortgage That’s Right for You
CMHC’s Homebuying Step by Step guide has the answers you need to your mortgage financing questions.
Congratulations! You’ve decided to begin your search for a new home, or perhaps you’ve already found the home of your dreams and are ready to make an offer. It’s [...]
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