Monthly Archives: February 2012

Immigrants the proudest Canadians, poll suggests

Posted on February 16, 2012 by

We love people that are New to Canada. New immigrants are 20% of our business. There are lots of tricks on what is needed to get a mortgage for them and not all banks do these files BUT WE ARE … Continue reading →

Posted in New-to-Canada Programs | Tagged , , , , , , , | Leave a comment

Banks Have Canceled their 4-year Promos – Rates on the rise.

Posted on February 10, 2012 by

Still time to get a rate hold at the old rates if you hop to it. The banks 2.99% four-year fixed promotions were intended to last until February 29. RBC and others have cancelled them early. The nation’s banks rates … Continue reading →

Posted in Bank rates, Uncategorized | Tagged , , , , , | Leave a comment

Burgeoning Calgary population to fuel demand in housing market & the West is now bigger than the East!

Posted on February 9, 2012 by

The migration West continues! Just yesterday Canada Census noted that for the first time in history the West has more people than the East -  sure it is only by 0.1% but hey … it’s official. The migration continues mostly … Continue reading →

Posted in economy, invest | Tagged , , , , , , , | Leave a comment

Alberta job growth outpacing Canada: Statistics Canada

Posted on February 3, 2012 by

This is great news – but a bit old as everyone in Alberta is aware of their friends getting great jobs, without interviews, for more than they were expecting! And all those people are buying homes which will support the … Continue reading →

Posted in Uncategorized | Tagged , , , , | Leave a comment

New Canadian Mortgage Rules are Possible

Posted on February 1, 2012 by

Below is a commentary on the possible new rules for Canadian mortgages. Anyone looking at buying with 5% down (which is about 80% of our clients) or using a 30 year amortization (75% of our clients) should look at buying … Continue reading →

Posted in Bank rates, investment rental property, new home owner | Tagged , , , , , , , | Leave a comment