31 Aug 2016

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CMHC: Mortgage Loan Insurance is Up

Earlier this week, Canada Mortgage and Housing Corporation (CMHC) released their quarterly financial report on earnings and trends. One of the most notable trends from the report, is that mortgage loan insurance is up 11.2 per cent across Canada from last year. Further to this, mortgage loan delinquencies are up in Alberta. Simply put, people are having a harder time with down payment amounts, and are having some difficulty keeping up with there mortgage payments. More Albertans are having difficulty paying their mortgages on time, according to data from the Canada Mortgage and Housing Corporation. As of the end of June, the federal Crown corporation said 1,487…

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18 Aug 2016

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Debt delinquencies are up, what you can...

Today, Equifax announced that delinquency rates in Alberta have climbed, mainly due to the economic impact of the…

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11 Aug 2016

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Now is definitely the time to buy

As affordability rises again for the 20th month in a row, the buyers’ market in Calgary continues—now is…

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3 Aug 2016

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How to Save Money on Your Summer...

If you’re looking to save some money this summer, don’t worry. You can still enjoy a summer vacation…

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28 Jul 2016

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What Calgary Communities Offer Best...

Today, Avenue Magazine released their annual Best Neighbourhoods list, which chronicles the top 50 rated communities in Calgary…

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13 Jul 2016

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How to save money at Calgary Stampede...

the calgary stampede is midway through, and if your wallet is starting to hurt, here’s how you can…

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6 Jul 2016

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Avoid those mortgage penalties by doing...

For some people, getting out of a mortgage early is a realistic option, especially if they are doing…

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5 Jul 2016

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Q3 2016 Economic Update

Residential Real Estate So much talk about affordability, high prices, foreign owners, speculation, empty houses and dirty money.…

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29 Jun 2016

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How Brexit affects Canadian real estate...

In case you missed the big Brexit story this past week, there was a big referendum held last…

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22 Jun 2016

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A snapshot of the housing and mortgage...

Genworth Financial recently released their spring/summer report for 2016, and it broke down the housing and mortgage trends…

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15 Jun 2016

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Do you have the right home insurance?

On the upcoming anniversary of the 2013 flood in Calgary, a news story has broke that shows many…

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7 Jun 2016

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Canadian home buying patterns revealed

CMHC released its annual Mortgage Consumer Survey today, which unveils the home buying and mortgage behaviours of Canadians.…

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3 Jun 2016

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Bank of Canada Remains Sidelined

As you know, your variable rate mortgage, line of credit and/or student loans are all based on the Prime Rate and here is…

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