Tag Archives: CMHC

Strong Economy Sees Numbers Boosted

Posted on September 3, 2011 by wojciechpianka

Reprinted from the Toronto Sun. August 26, 2011 — As one of the world’s most diverse cities, Toronto welcomes nearly 100,000 newcomers to Canada each year. These people have chosen Toronto to begin building a better life. A report released recently by … Continue reading →

Posted in Home, News, Updates and Information | Tagged Bank of Canada, cibc world markets, CMHC, financing, gta mortgage rates, homes, interest rate, investment property, lending rate, Mortgage Alliance, mortgages, ontario, realestate, rental property, Toronto, toronto mortgage rates, toronto mortgages, Toronto real estate board, TREB | Leave a comment

Rate Prediction for Wed, Sept. 7th, 2011 BofC Meeting

Posted on September 3, 2011 by wojciechpianka

On Wednesday the Bank of Canada meets again to discuss what the monetary policy will be for the next few months. During this meeting, the overnight lending rate is also set. The last meeting kept the rate unchanged at 1%, … Continue reading →

Posted in Home, News, Updates and Information | Tagged Bank of Canada, BofC, Canada, CMHC, financing, fixed rate, gta mortgage rates, gta mortgages, homes, interest rate, investment property, lending rate, Mortgage Alliance, mortgages, realestate, right mortgage, Toronto, toronto mortgage rates, toronto mortgages, variable rate | Leave a comment

Canadian Housing Market to Remain Steady in 2011

Posted on September 1, 2011 by wojciechpianka

This article is taken directly from the CMHC website: OTTAWA, August 24, 2011 — Housing starts are forecast to remain steady in 2011 and 2012, according to Canada Mortgage and Housing Corporation’s (CMHC) third quarter Housing Market Outlook, Canada Edition.1 “Housing starts have been … Continue reading →

Posted in Home, News, Updates and Information | Tagged Bank of Canada, BofC, Canada, CMHC, financing, fixed rate, gta mortgage rates, gta mortgages, interest rate, investment property, Mortgage Alliance, mortgages, ontario, Rate Advisor, realestate, rental property, right mortgage, Toronto, toronto mortgage rates, toronto mortgages, variable rate | Leave a comment

Are you ready for your new home?

Posted on September 1, 2011 by wojciechpianka

Buying your first or even second home is both very exciting yet can be very intimidating. The Canadian mortgage market seems to change on a monthly basis with insurance rules changing, interest rates moving in different directions and more options … Continue reading →

Posted in Home, News, Updates and Information | Tagged Bank of Canada, CMHC, financing, fixed rate, gta mortgage rates, gta mortgages, homes, interest rate, investment property, lending rate, Mortgage Alliance, mortgages, ontario, Rate Advisor, rental property, right mortgage, Toronto, toronto mortgage rates, toronto mortgages | Leave a comment

How Much Does CMHC Mortgage Loan Insurance Cost?

Posted on April 20, 2011 by wojciechpianka

This article was taken directly from the CMHC website. To obtain CMHC Mortgage Loan Insurance, lenders pay an insurance premium. Typically, your lender will pass these costs on to you. Your lender will give you the exact price when you apply … Continue reading →

Posted in Home, News, Updates and Information | Tagged Bank of Canada, Canada, CMHC, cmhc premium, financing, fixed rate, homes, interest rate, investment property, lending rate, Mortgage Alliance, mortgages, realestate, Toronto | 1 Comment

CMHC and Stats Canada Report Video

Posted on April 18, 2011 by wojciechpianka

Posted in Home, News, Updates and Information | Tagged Bank of Canada, Canada, CMHC, financing, fixed rate, homes, New Construction Projects, realestate, Toronto | Leave a comment

Housing Starts Up According to CMHC

Posted on April 13, 2011 by wojciechpianka

According to a new report released by the Canadian Mortgage and Housing Corporation, housing starts were up in March 2011 over February 2011 by about 5,100 units. The actual figures were 188,800 and 183,700 respectively. Signs show balance coming back … Continue reading →

Posted in Home, News, Updates and Information | Tagged Canada, CMHC, financing, housing starts, interest rate, investment property, Mortgage Alliance, ontario, realestate, Toronto | Leave a comment

Understanding Your Credit Score 2 of 2

Posted on March 24, 2011 by wojciechpianka

Continued from: Understanding Your Credit Score 1 of 2 If you have had any of your debts taken to court or collections these would be listed in the public records section. If you had a bankruptcy it stays on your … Continue reading →

Posted in Home, News, Updates and Information | Tagged Bank of Canada, BofC, Canada, CMHC, CREA, equifax, experian, financing, fixed rate, homes, interest rate, investment property, lending rate, Mortgage Alliance, mortgages, New Construction Projects, overnight rate, Rate Advisor, realestate, rental property, Toronto, transunion | 2 Comments

Understanding Your Credit Score 1 of 2

Posted on March 24, 2011 by wojciechpianka

When my parents got married and wanted to get their first home my grandparents were asked to co-sign. The loan officer at the time asked my grandfather if he had good credit to which he replied “I have great credit. … Continue reading →

Posted in Home, News, Updates and Information | Tagged BofC, CMHC, cra, CREA, credit reporting agency, fico, financing, fixed rate, homes, interest rate, investment property, lending rate, mortgages, real estate, realestate, sin, social insurance number, Toronto | 1 Comment

Investor’s Don’t Short Sell!!!!!!

Posted on March 21, 2011 by wojciechpianka

I recently had a conversation with a great friend and top Re/Max Realtor in Toronto Ashley Fray. We were catching up and discussing current market trends and how the new mortgage rules have affected things. It appears, they have had … Continue reading →