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Ontario Mortgage InformationGeneral Information and Recent News Headlines on Mortgages, Real Estate and Housing for Consumers in Ontario, Canada
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General Information and Recent News Headlines on Mortgages, Real Estate and Housing for Consumers in Ontario, Canada
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General Information and Recent News Headlines on Mortgages, Real Estate and Housing for Consumers in Ontario, Canada
ontariomortgageinfo.blogspot.com
Ontario Mortgage Information: Flaherty unveils new rules aimed at curbing soaring household debt
http://ontariomortgageinfo.blogspot.com/2011/01/flaherty-unveils-new-rules-aimed-at.html
General Information and Recent News Headlines on Mortgages, Real Estate and Housing for Consumers in Ontario, Canada. Monday, January 17, 2011. Flaherty unveils new rules aimed at curbing soaring household debt. OTTAWA - Finance Minister Jim Flaherty has announced new mortgage regulations aimed at reducing Canadians' soaring household debt. Flaherty has unveiled three new rules:. 1) Mortgage amortization periods will be reduced to 30 years from 35 years. This will also increase the savings of Canadian fa...
Ontario Mortgage Information: 02/2011
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General Information and Recent News Headlines on Mortgages, Real Estate and Housing for Consumers in Ontario, Canada. Tuesday, February 22, 2011. Properly converting an owner-occupied home into a rental property. Published in Leslie's Blog. If you haven’t already, you should really check this guy out). It’s actually a guest article by Kerry who is an accountant and currently articling with Meyers Norris Penny LLP in British Columbia. The example given by Kerry is a client who has purchased a home in the ...
Ontario Mortgage Information: 08/2010
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General Information and Recent News Headlines on Mortgages, Real Estate and Housing for Consumers in Ontario, Canada. Monday, August 30, 2010. Selecting the right mortgage term. Selecting the mortgage term that is right for you can be a challenging proposition for even the savviest of homebuyers, as terms typically range from six months up to 10 years. If you are shopping for a mortgage for an investment property, you will likely want to consider choosing a longer mortgage term – depending, of cour...
Ontario Mortgage Information: More Canadians are Turning to Mortgage Brokers
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General Information and Recent News Headlines on Mortgages, Real Estate and Housing for Consumers in Ontario, Canada. Saturday, January 22, 2011. More Canadians are Turning to Mortgage Brokers. When it comes to mortgage financing, more and more Canadians are choosing to work with a professional mortgage broker. According to a recent study by the Canada Mortgage and Housing Corporation (CMHC), 23 per cent of mortgages written were arranged through a broker. See the latest Ontario Mortgage Rates. Labels: D...
Ontario Mortgage Information: 09/2010
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General Information and Recent News Headlines on Mortgages, Real Estate and Housing for Consumers in Ontario, Canada. Wednesday, September 29, 2010. Home prices are still 6.4% above their pre-recession peak, the Teranet-National Bank House Price Index shows. Prices climbed 0.5% in July from a month earlier, marking the 15th consecutive increase, National Bank said, though for the first time in four months not all regions shared in the gain. Prices in Vancouver dipped, the bank noted. The Globe and Mail.
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House Price, House Value
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Ontario Mortgage Information
General Information and Recent News Headlines on Mortgages, Real Estate and Housing for Consumers in Ontario, Canada. Tuesday, May 31, 2011. Bank of Canada maintains overnight rate target at 1 per cent. May 31, 2011. The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. The global economic recovery is proceeding broadly as expected in the Bank’s April. Reflecting all ...
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