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by Jeremy
With rate changes, economic factors south of the border and natural disasters boosting home sales in Calgary, 2013 was a big year for mortgage headlines and news. Let’s take a look back at some of the biggest news and statistics from last year. Statistics from 2013 2/3 of first-time homebuyers are under the age of 35 (CMHC) 65% of first-time homebuyers make $90,000 or less per year (CMHC) 76% of Canadians are confident with the size of their mortgage (CAAMP) 71% of Canadians think real estate will remain stable or grow over next 5 years (CAAMP) 40% of new mortgages this year came through a…
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Posted by Jeremy
A lot of Canadians plan to pay for Christmas presents this year with credit, but unless you have…
Posted by Jeremy
Your home is one of the biggest financial investments you’ll make, but sometimes financial difficulty can come your…
Posted by Jeremy
The Canada Mortgage and Housing Corporation (CMHC) recently released figures that give us an idea of what the…
Posted by Jeremy
The largest mortgage industry conference in Canada just wrapped up—CAAMP Mortgage Forum in Toronto. A lot of us…
Posted by Jeremy
Earlier this week, CAAMP (Canadian Association of Accredited Mortgage Professionals) released thier annual State of the Residential Mortgage…
Posted by Jeremy
Since November is Financial Literacy Month in Canada, it’s a great opportunity to understand a bit more about…
Posted by Jeremy
November is Financial Literacy Month in Canada, so all month long my blog will be featuring tips and…
Posted by Jeremy
Whether you’re a first-time buyer or empty-nester, being properly prepared for your mortgage application will ensure the process…
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
Calgary’s home sales and prices are already outpacing the forecast for this season, which is leaving homebuyers with…
Posted by Jeremy
Life isn’t over after a foreclosure, in fact buying a home after you’ve suffered financial turmoil isn’t impossible…
Posted by Jeremy
You’ve probably heard the stories before, a couple manages to pay off their mortgage years early. But is…