Can the Canadian Housing Market Fix Itself?

EditorAbout Mortgage Brokers, Financial Tips, Housing Costs, Mortgage News, Mortgage Types, Real Estate Advice, Residential Mortgages

The Canada Mortgage and Housing Corporation released its second quarter housing market outlook today, stating that housing starts will likely moderate by the end of the year. While the market has remained hot through the first half of 2012, the Housing Corp. believes that both new and existing home market activity will eventually slow and even out. Housing starts are … Read More

Retirement and Risky Real Estate

EditorAbout Mortgage Brokers, Financial Tips, First Time Home Owner, General Interest, Investment Property, Mortgage News, Real Estate Advice, Residential Mortgages

It’s hard to think about decreasing property values when listing prices are through the roof, but failure to understand and plan for the inevitable “bubble” burst could leave you high and dry, especially if you’re rounding the bend on retirement. According to Ben Rabidoux, a correspondent for the Globe and Mail, the next decade will likely be one of the … Read More

Low Mortgage Rates = False Sense of Security?

EditorAbout Mortgage Brokers, Financial Tips, First Time Home Owner, General Interest, Household Budget, Housing Costs, Mortgage Insurance, Mortgage News, Mortgage Term, MortgageCanadaCalculator, Real Estate Advice, Residential Mortgages

Historically low interest rates are making it easier for Canadians to enter the real estate market. Why continue to rent when a mortgage payment could be less than your current monthly lease? If you’re considering the here and now, buying makes perfect sense. With the help of a seasoned mortgage broker, you can easily secure a best rate mortgage that’s … Read More

Do You Know What a Property Disclosure Statement Is?

familylendingFirst Time Home Owner, General Interest, Investment Property, Real Estate Advice

It’s standard practice for home sellers to freshen up their property prior to listing it on the market. A fresh coat of paint, new floors, or new light fixtures increase the value and marketability of a home. But sometimes these seemingly honest updates are done with the intentions of covering something up. That’s why it’s crucial for homebuyers to always … Read More

Housing Types

familylendingFamilyLending.ca, Financial Tips, First Time Home Owner, General Interest, Household Budget, Housing Costs, Residential Mortgages

From townhouses to triplexes, there are numerous types of properties available to Canadian consumers. Not sure what layout works best for your family? Then check out our explanation of typical housing types below. Your mortgage payments and regular monthly bills may change depending on the kind of house you acquire, therefore it is vital that you carefully weigh the pros … Read More