http://www.bankofcanada.ca/2015/03/fad-press-release-2015-03-04/ The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent. Total CPI inflation in Canada has fallen as expected, reflecting...
Hey Everybody! Last week I sent you a video about down payment. To be brutally honest, if you don't have a down payment to purchase a home - you could make $1M a year in salary, for all the Bank cares. You will not be approved. Today, I have another video for you...
Miss This Information And Miss Out On Buying A Home: I understand purchasing a home is a long-term goal many of you have been thinking about, planning and saving for. I am sure you are soon finding out, buying a home is BOTH a financial AND...
I think understanding your personal debt is incredibly important ESPECIALLY if you are considering purchasing a home in the next 6-12 months. I have seen many people add installment loans to their liabilities that eat up their monthly income. This cripples their home purchasing power. If you are...
Today, I answer 3 questions for you: 1. What is a mono-line lender? 2. What are some features & benefits to you? 3. What happens back there? Thank you for watching today video blog post. Chad Moore ...
January's CREB data has been reported. To no one's surprise, the Calgary Real Estate Board (CREB) data for January 2015 is down. Oil is THE leading indicator for three other key indicators I am watching for you. They are: Housing supply. Net in-migration. Employment. First, I did notice a change...
As we near the end of the month we are closer to understanding January's Real Estate statistics. I don't think they're going to be good (at all). [When the official Calgary Real Estate Board (CREB) data is released, I am letting you know all of the best...
I think the BIGGEST take away of me is becoming an expert with each of our respective industries....
My brother and I, while watching some football this past weekend, were talking about buying a home at the opportune time. There is an old saying in business and life that came to my mind during our conversation ...
Naturally, with the price of oil where it is, and Calgary being primarily driven by the price of oil, I think these Calgary Real Estate Board (CREB) statistics confirm what is on everyones mind: decreasing home values are coming. Here's what tends to happen in this kind...
