Tag Archives: mortgage broker

Canada’s East-West economic divide deepens

As the divide gets greater the West continually does better. Alberta is the best place to live and do business in North America right now. That creates home demand and supports home prices. This is from the Globe and Mail: … Continue reading

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Credit Score Info – this is great data

Below is a good article on credit scores. Mortgage applications are evaluated on 4 factors. You can think of them as “legs of a chair.” If 1 or 2 legs are shaky it could still stand if the other 2 … Continue reading

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Why you should get a rate hold right now.

Why you should get a rate hold now. Let’s get right down to business; the advantages of using a top mortgage broker are listed near the end of this entry but reasons to use us should be pretty obvious by … Continue reading

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Variable mortgage rates are no longer as attractive

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ING now has the evil & dirty collateral mortgage – like TD and RBC

Also see the article from earlier this year about TD and RBC offering the collateral mortgage – which is an “IOU” for every single $ you have. (http://blog.markherman.ca/2011/05/09/why-you-do-not-want-a-collateral-mortgage-from-td-or-rbc/ ) Essentially YOU give them the right to sue YOU into bankruptcy … Continue reading

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Canada’s economy surges ahead

There is good news out there for the Canadian economy and home buying. Here is some below. Christine Dobby Nov 30, 2011 – 7:06 PM ET The Canadian economy was not as bad as first feared in the third quarter. … Continue reading

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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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