Chad Moore | 2016 October

27 Oct Mortgage Rule Change FAQ

Posted at 20:21h in Mortgage by Chad Moore 0 Comments

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Here are the MOST popular and frequently asked questions, post Mortgage rule change: 1. What is the qualifying interest rate? Today, the qualifying interest rate is 4.64%. This means that potential home buyers need to qualify for their Mortgage AS IF their interest rate was 4.64%. Once...

19 Oct National & Provincial Economic Update

Posted at 17:32h in Mortgage by Chad Moore 0 Comments

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Hey Everyone, Here are some of the important highlights from today's Bank of Canada (BoC) interest rate announcement. I've also included a current Alberta economic update for higher connection and relevance for you: Click here to read the full BoC announcement. Click here for the full AB...

11 Oct Post Mortgage Rule Change Fallout: Property Values

Posted at 16:51h in Mortgage by Chad Moore 0 Comments

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Many people I speak with want to see, all else being equal, how the new qualifying interest rate would change home purchasing power. Before we get started, let's cover off on the following: New Mortgage rule change taking effect. What goes into Mortgage qualifying? What is...

03 Oct Behind The Headline: “House & Apartment Prices Move Higher!”

Posted at 18:10h in Mortgage by Chad Moore 1 Comment

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Strictly looking at one or two data points from the Calgary Real Estate Board's (CREB) most recent news release might lead me to believe our detached and apartment sectors are doing A-OK. Here are some sexy headlines I might see ...

October 2016

27 Oct Mortgage Rule Change FAQ

19 Oct National & Provincial Economic Update

11 Oct Post Mortgage Rule Change Fallout: Property Values

03 Oct Behind The Headline: “House & Apartment Prices Move Higher!”