xhamster porno

I Would Like to be Contacted

First name:
Last name:

Validation code:
   * All fields are mandatory

Contact Information

2180 Steeles Avenue West,
Suite 204, Concord,
ON, L4K 2Z5

Phone:     905-761-7001
Toll Free: 1855-761-7001
Fax:          905-761-7005

Email: mortgageadvisor@rogers.com

18 January 2017

The Bank of Canada keeps its key lending rate unchanged

The central bank decided to keep its key interest rate at 0.5% and provided a wide assessment of the economic risks connected with a Trump victory.

The Bank of Canada kept its lending rate unchanged pointing to improving Canadian economy. In the same time, it warned about a dangerous uncertainty coming from possible policy changes by the U.S. – our main trading partner.

It’s the first official forecast and deep economic assessment given by the Bank after Donald Trump won the U.S. presidential election. The inauguration will be held on Friday.

So far, the BoC provides quite an optimistic outlook, mainly following its October growth forecasts of 2.1% in 2017 and 2018.

17 January 2017

CMHC raises its mortgage insurance premiums

Canada Mortgage and Housing Corporation (CMHC) will start charging higher premiums for their mortgage insurances this spring. The new rules take effect on March 17.

In Canada, if you want to buy a house and can’t provide a 20% down payment, you are obliged to pay for a mortgage insurance. However, it’s not homeowners who benefit from it. It’s the lenders. This insurance protects the lenders in case of a mortgage default.

The size of the premiums is based on the amount of your loan and the down payment you provide.

According to a mortgage comparison website RateHub.ca, in such expensive cities as Toronto with its average home price of $730,472, a borrower with only 10% down will have to borrow $682,425 in order to purchase a property in this market.

16 January 2017

CREA says home resales were up in December

According to the Canadian Real Estate Association (CREA), home sales were up by 2.2% last month from November, showing a higher pace after an activity decline, caused by stricter mortgage rules.

The report says actual sales (not seasonally adjusted) fell by 5.0% from a year ago, while real estate prices rose by 14.2% during the same period.

December results offset about half of November’s decline, when sales reported the largest monthly drop in more than 4 years, following the implementation of new mortgage rules.

As you know, Canada has taken several measures on cooling the hottest real estate markets. And although most of them actually showed a cool down, double-digit price growth in Toronto supported the activity at the national market.

CREA expect this year’s resale activity to be weaker than in 2016, as we have stricter mortgage rules now.

<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 9 of 522


23 February 2017

Millennials could become the lost generation for real estate ownership Millennials would like to own property. According to statistics, 8 out of 10 m...Read more >>

22 February 2017

Federal government tools to curb real estate price growth may have little effect. There is an argument between observers and think-tanks on the issue...Read more >>

17 February 2017

Mortgage rules changes are causing weaker sales activity In addition to making it even harder for first-time buyers to qualify for a mortgage and get...Read more >>
Licence# 10349

7676 Woobine Avenue Suite 300 Markham, ON L3R 2N2
2180 Steeles Avenue West, Suite 204, Concord Ontario L4K 2Z5
© 2010 Michael Tulchenetskiy & Denys Derzhavets Mortgage Brokers. All Rights Reserved