Modular homes
In the early 1900's, a small mail-ordered house was a practical alternative to a custom designed and site-built dwelling. Homeowners could order the entire structure, pre-cut and ready to assemble. A kit house saved
Down Payment Options
This is a question first-time buyers ask themselves when they find the perfect starter home. It's in the right neighbourhood, at the right price, and it shows pride of ownership. All the things a
Nanaimo Realestate; Carriage Houses: Becoming Increasingly Popular
In today’s world secondary suites can come in wide variety of styles and appearances. If you’ve thought about building a secondary suite but don’t want one as an integral part of your home, then a […]
CREA releases latest figures
“Homes sales were up on a month-over-month basis once again in November, and that trend is expected to continue in light of upcoming mortgage rule changes. “Recently announced changes to mortgage regulations will likely boost […]
Mortgage rates in Canada just fell below 2% from lenders
“If you thought mortgage rates could not go any lower, you were wrong. Investors Group is rocking the mortgage world with what appears to be the deepest discount in Canadian history on a floating rate […]
Should you get pre-approved for a mortgage? Ten things to know
“Putting your full faith in a mortgage pre-approval is like betting on a heavy favorite in a horse race. You’ll probably win but there’s room for major disappointment. Sure, pre-approvals have benefits. The best ones […]
BMO slashes 5-year mortgage rate to 2.99%
“The Bank of Montreal is slashing its five-year fixed-rate mortgage to levels that caused former finance minister Jim Flaherty to express concerns last year. The bank says it will offer a five-year rate of 2.99 per cent, […]
All the data point to a soft landing for Canada’s housing market
“Mortgage costs, not just house prices, are the principal deciding factor for potential home buyers. This makes comparison of monthly payments to incomes and rents more relevant than similar comparisons using house prices alone. Slowly […]
Bank of Canada maintains overnight rate target at 1 percent
“Both total CPI and core inflation in Canada are still expected to follow roughly the path outlined in the January Monetary Policy Report, although recent readings were slightly higher than expected. Excess supply in the economy […]
Mortgage costs set to rise as CMHC leads premium hike
“Canada Mortgage and Housing Corp. has raised mortgage insurance premiums for the first time since the 1990s, and signalled more hikes could be on the way.” “CMHC executives said the higher premiums would mean an […]