Tag Archives: Calgary mortgage broker

Rates, spreads and all the rest

This is an article that was sent to me. It is totally technical and I love it. This is the real reason behind what are the lowest rates we have ever seen. It also explains why the days of Prime … Continue reading

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Alberta leads North America in economic freedom: Fraser Institute report

This is great news for those of us in Alberta – we already knew we are booming. The rest of Canada is finding out as there were 26,000 new people added to Calgary this year. Almost the same as the … Continue reading

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Couple retires in Rimbey home built from 30 steel shipping containers

This is cool. Containers are built to ISO 9000 standards so they are all the same and made to the same standard. Neat. — The Glennon family’s retirement home might just look like a stack of shipping containers of all … Continue reading

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How do we (mortgage brokers) know rates are going up?

Hi All – many people ask how we know that rates are going to change ahead of time. Below is a sample of the data that we read on a daily basis. If you were motivated enough to read things … Continue reading

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Calgary house prices and sales rise in September

Calgary is showing solid numbers are the in-migration continues. Almost 40% of people moving to Alberta move to Calgary. CALGARY — Calgary house prices and sales rose in September compared with a year ago, according to the Canadian Real Estate … Continue reading

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Canadians still looking towards Alberta for employment

Comment – all the in-migration is what caused the home prices to boom form 200k to 400k in 6 months in 2006 and 2007. This is all happening again right now – as noted below. The outcome will not be … Continue reading

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Calgary resale homes top $400,000 average

CALGARY — The average price of resale homes in Calgary topped $400,000 in August, according to a report released Friday by the Conference Board of Canada. The board said all residential property sales in the city hit an average of … Continue reading

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Calgary MLS sales jump 22% in August

CALGARY — MLS sales in Calgary rose by 22.1 per cent in August compared with a year ago — a greater year-over-year rate of growth than the rest of the country. The Canadian Real Estate Association said Thursday that Calgary … Continue reading

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Housing Market in Canada is Stable

Housing Market Still Stable: CREA Friday, 16 September 2011 According to new data released from the Canadian Real Estate Association, housing activity in Canada remained stable in the month of August, which represents the second month in a row. “The … Continue reading

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Alberta economic growth among Canada’s leaders

Alberta economic growth among Canada’s leaders: 3.7% hike forecast for this year CALGARY — Alberta is positioned as one of Canada’s provincial leaders in growth, according to the latest RBC Economics Provincial Outlook report released Monday. The provincial economy is … Continue reading

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