market trends

Bank of Canada influences on mortgage rates

  A few other things to consider: Bank of Canada big picture influences on mortgage rates 1. Although...

Affording a house may be just a little bit further down the road

Commentary on mortgage rates and real estate outlook: Affording a house may be just a little bit...

Bank of Canada is set to make a rate announcement this week

It’s always difficult to predict where rates are heading, but the Bank of Canada (BofC) is set...

Banking Regulator sees potential risks; Current home values are stabilizing in most regions

Banking regulator sees potential risks in high home prices, debt loads. The Office of the Superintendent of...

Economic Growth; The OECD has raised expectations for Canada. Should we expect interest rates to continue to rise?

The Organization for Economic Co-operation and Development has raised its expectations for economic growth in Canada this...

Changes to Canada’s Housing Rules

Over the last few days, I’ve fielded calls from concerned clients who are buying a house and...

What can we expect in the housing market for the rest of 2016?

Is Guelph and surrounding area in a housing bubble? The general definition we use to describe a...

Is Guelph in a Housing Bubble…no really?

A week doesn’t go by without a customer asking if we are in a housing bubble. While...

Negotiating a better mortgage rate

Everyone who needs a mortgage wants the best rate. However a good rate is only one way...

What’s really happening when banks raise their mortgage rates?

Housing Market Outlook 2015 and projection for 2016

New Home Market In the Kitchener-Cambridge-Waterloo (KCW) and Guelph areas, housing starts will be lower in 2016...

More money down required if you’re buying a home…but only if it’s more than $500K

If you’re buying a house for more than $500,000 you’ll need to have more money saved for...