Category Archives: Uncategorized

CMHC to Increase Mortgage Insurance Premiums | CMHC

Effective May 1, 2014 CMHC will Increase Mortgage Insurance Premiums Loan-to-Value Ratio Standard Premium (Current) Standard Premium (Effective May 1st, 2014) Up to and including 65% 0.50% 0.60% Up to and including 75% 0.65% 0.75% Up to and including 80% … Continue reading

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CREA speaks to the House of Commons

Here are Gary Simonsen’s, the CEO of CREA, remarks to the House of Commons Standing Commitee on Finance, specifically relating to requested improvements on the Home Buyer’s Plan.

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How Interest Rates Affect Property Values

An interesting read on How Interest Rates Affect Property Values. please note that this is an American site, so please take it with a grain of salt.

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Bond yields up significantly, expect fixed rates to go up!

The 5 year bond yields are up over 30 basis points in May. Should they stay this high, one should expect fixed interest rates to rise as well. It may be prudent, should you be looking to make a purchase … Continue reading

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Photo Radar Locations Disclosed

Photo radar vehicles will be near these locations for the week of April 8-14: – MacAlpine Crescent – Parsons Creek Drive – McLeod Street – Rainbow Creek Drive – Highway 69 The RMWB is also advising there will be an … Continue reading

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Government controlling mortgage rates?

Finance Minister Jim Flaherty is coming under fire for using his position to pressure a private sector mortgage lender to raise its interest rates, an action that will increase borrowing costs for Canadians. Flaherty admitted to calling up BMO to … Continue reading

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Condominium Property Act Consultation Paper

Call to Action: As changes to the Condominium Property Act are of critical importance, we encourage you to complete the survey. Your input on this consultation paper will be used to determine the merit of the policy proposals being considered … Continue reading

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Dancing With the Stars Wood Buffalo

2nd annual Dancing With the Stars Wood Buffalo.

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