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by Jeremy
The rental market in Calgary continues to be tight, and it’s pushing rental prices even higher. With how expensive rent is in our city, and the low vacancies, homeownership is becoming a better option for more and more Calgarians. According to recent numbers released by CMHC, the rental vacancy rate in Calgary is 1.8%, which is even lower than the same period last year. Due to the low vacancy rate, rental rates are pushed up 5.5%. In many cases, homeownership is the more affordable route for those seeking a place to live, and we already know that real estate is a good investment when you’re…
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Posted by Jeremy
In a recent Manulife Bank of Canada survey, almost half of Canadians have a misunderstanding about what debt…
Posted by Jeremy
This week, CMHC released the results from their 2014 Mortgage Consumer Survey, and they showed some interesting trends.…
Posted by Jeremy
As you know, your variable rate mortgage, line of credit and/or student loans are all based on the…
Posted by Jeremy
If you’re self-employed, you may have a more difficult time obtaining financing for that home, but there’s still…
Posted by Jeremy
Calgary Stampede 2014 officially kicks off tomorrow right after the Stampede parade, which means 10 days of parties,…
Posted by Jeremy
This week the Globe and Mail launched a special series on ‘Gen Y Money’, and the trends that…
Posted by Jeremy
A new report released by Alberta Treasury Board and Finance, shows that Alberta’s hsouing market is not only…
Posted by Jeremy
When it comes to approving you for a mortgage, your lender will look at many elements of you…
Posted by Jeremy
Your credit is a very powerful tool for your financial future, and it’s especially important when it comes…
Posted by Jeremy
Starting tomorrow, homebuyers without a 20% down payment, will be paying more to purchase a home. Canada’s largest…
Posted by Jeremy
I’ve had a ton of calls this week looking for clarification on CMHC’s announcement. Here it is. CMHC…
Posted by Jeremy
Interest rates are still historically low, and recent surveys show that more and more Albertans are looking at…