Chad Moore | 2016 July

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July 2016

18 Jul Monetary Policy Snipit: Oil & Gas Supply And Demand Forecast

Posted at 15:55h in Mortgage by Chad Moore 0 Comments

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[This is a snipit of content from the Bank of Canada's Monetary Policy Report - July 2016. Download the full Monetary Report here] **** There is gathering evidence that the needed supply-demand adjustment in the global oil market is progressing (Chart above). In this context, the upside risks to...

13 Jul Fluffy Mortgage Policy Rule Change

Posted at 21:45h in Mortgage by Chad Moore 0 Comments

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Calgary Mortgage Rule Change Effecting Home Buyers. I think the latest Mortgage rule change is fluffy at best. The MRQ is a qualifying interest rate, set by the Bank of Canada, to qualify Mortgage applicants who want adjustable rates or shorter than 5 year term Mortgages. Last week,...

05 Jul Calgary June Real Estate Data

Posted at 17:08h in Mortgage by Chad Moore 0 Comments

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There are several statistics to track that help anticipate future Real Estate price movements. I think this also helps remove the "feeling" from our Real Estate market, and look at the data. Don't get me wrong, I think Real Estate is an emotional area of...