Thinking About Co-signing a Loan?
May 25, 2010
Filed under Housing Market
Are you considering co-signing a mortgage loan? There are many reasons to co-sign such as if the other party has insufficient credit, a lack of cash flow or if they already have too much debt. However, be aware of the risks. If the person you are co-signing for defaults on the loan, and the bank forecloses, you will be left responsible for the mortgage. Read more
CMHC Predicts Housing to Bounce Back in 2010
June 1, 2009
Filed under Housing Market, Purchasing
In a recent article by the financial post, the Canada Mortgage and Housing Corporation (CMHC) said that the Canadian housing market is expected to rebound as of next year. Read more
First Time Buyer Tips
March 30, 2009
Filed under Housing Market
If you’re looking at purchasing your first home in the near future, the task of getting a Calgary mortgage can be somewhat daunting. Here are some tips to make the process a little easier! Read more
Calgary Mortgage Humor
March 5, 2009
Filed under Housing Market
Every once in a while there are chain emails floating around that are worth sharing with everyone. This particular one is an interesting and humorous commentary on the current housing market in Calgary and across most of Alberta. Read more
First Time Home Buyers Benefit from New Federal Budget
February 26, 2009
Filed under Housing Market
First time Calgary home buyers were not forgotten in the Canadian Federal budget this year, and in fact are benefiting in more ways than one from the changes that were made. Read more
Beware of the Great 1-Year Mortgage Rates!
December 1, 2008
Filed under Housing Market
Great one year fixed term mortgage rates are abundant in the Canadian mortgage market right now. At a time when most other mortgage rates are slowly rising, it’s a bit of an odd phenomena to see one year rates dropping lower and lower. It makes us question what the lenders’ motivations are behind having these rate specials. Read more
Calgary Housing Market – November 2008
November 27, 2008
Filed under Housing Market
Today’s housing market in Calgary is not what it once was. If we go back in time, even just to the summer of 2007, the market was – for lack of a better word – insane. Thankfully, things seem to be settling down a bit, and homes seem to be becoming more affordable. Read more
