Mortgage Rates Stay Low – But For How Long?

familylendingFamilyLending.ca, Financial Tips, First Time Home Owner, General Interest, Refinancing my Property, Residential Mortgages

  Bank of Canada Governor, Mark Carney, confirmed on Wednesday that he has no immediate intentions to raise mortgage rates; however, Carney did confirm that “some” of the stimulus currently bolstering the system would be “eventually withdrawn.”  Carney made these statements following the release of fresh data from the Canadian Real Estate Association stating that some of Canada’s urban housing … Read More

Makes Cents to Me!

familylendingFinancial Tips, Residential Mortgages

  Today I wanted to talk to you about “odds”.  Not the opposite to “even”, but what are the odds of an event happening.  It amazes me the amount of people who always seem to be in front of me at the variety store either checking their lottery numbers or dropping $50 bucks to get the numbers for the next … Read More

Home Buyers Demand Smarter Designs

familylendingFamilyLending.ca, First Time Home Owner, Investment Property

  The results of Better Homes and Gardens magazine’s Next Home Survey are in, and buyers have spoken. Prospective new home buyers list energy-efficiency, organization and comfort as their top priorities in considering their next move. Demand for traditional McMansions appears to be waning as more and more people come to value intelligent design over wow factor. “We continue to … Read More

Step1: Is Homeownership Right For You?

familylendingFamilyLending.ca, First Time Home Owner, Housing Costs

    So, you’ve finally decided to fulfill a lifelong dream and buy your own home… how exciting! You are ready to fulfill your dream of having a place to call your own.Buying a home is one of the biggest emotional and financial decisions you’ll ever make. Prepare by learning about the process of homebuying and the responsibilities of homeownership. … Read More