No simple answers for new buyers

Posted on April 1/2011 by

Do you lock in or go variable? With mortgage rates tantalizingly low it is easy to see why so many people prefer the latter, but that could change if the rates start to rise. Maria Dominelli, a mortgage specialist with independent mortgage brokerage firm Invis in Victoria, B.C., says deciding which route to choose depends on an individual or couple's short-and long-term goals, the amount of debt being carried and their overall tolerance to risk.

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Bank Of Canada Holds Rates

Posted on April 15/2011 by

Canadians are in for more of the same, at least for now.

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GTA Prices Up Sales Down

Posted on April 20/2011 by

According to GTA Realtors, April has started off in a promising manner, although sales in the first two weeks have actually dropped by 3% year-over –year.

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Vancouver Housing Market Drives Up National Average Price

Posted on April 20/2011 by

By and large, across the nation, home sales maintained their position in the month of March.

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GTA New Home Sales Have Strong Q1

Posted on April 26/2011 by

March saw a multitude of new home sales in the GTA, ultimately tipping Q1 into strong territory, according to new figures released by the Building Industry & Land Development Association (BILD) through a report by RealNet.

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Small Steps Forward For The US Property Market

Posted on April 26/2011 by

In the U.S. property market, good news has become a relative term. And in this case- the fact that housing prices declined less than had been anticipated in the month of February is viewed in a positive light.

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Shopping For Money To Buy The House

Posted on April 28/2011 by

A host of variables will govern price you pay for cash to buy your home Ian Harvey Special to the Star Mortgage shopping for the first time can seem a daunting and intimidating task.

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Scotia Slams Client With 30,000.00 Penalty

Posted on April 6/2011 by

Here’s another Mortgage Penalty nightmare… CBC’s Kathy Tomlinson reported that one Scotiabank client had his penalty double over the course of 9 months.

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Survey: First-time Buyers Confident About Financial Health

Posted on April 8/2011 by

More than 80 per cent of the country’s first-time homebuyers say they’re in good long-term financial health – that self-diagnosis the key finding of a survey from Genworth Financial Canada and the Canadian Association of Credit Counselling...

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