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Latest Canadian Mortgage News compiled by Calum Ross Mortgage Team

Mortgage Market Update for the Week of May 11, 2012

 

This Week's Mortgage Market Update Contains:

  • Condos drive Canada's housing start surge
  • Why the Bank of Canada plays coy on interest rates
  • Canada Housing Bubble Concern Shown in Insurer Query: Mortgages

This Week's Quotation:

“One's first step in wisdom is to question everything - and one's last is to come to terms with everything. ” - Georg Christoph Lichtenberg (1742 - 1799)

This Week's Highlights:

  • Housing starts surged in April
  • Canada generated 82,300 new jobs in March
  • Canadian core and headline inflation rates dipped in March
Read more...

Mortgage Market Update for the Week of April 27, 2012

 

This Week's Mortgage Market Update Contains:

  • Jay Bryan: Rising rates, if they happen, will be good news
  • Most Canadian home buyers would avoid bidding war: study
  • What will make the housing boom go bust? 'Greed'

This Week's Quotation:

“Be master of your petty annoyances and conserve your energies for the big, worthwhile things. It isn't the mountain ahead that wears you out - it's the grain of sand in your shoe.” - Robert Service (1874 - 1958)

This Week's Highlights:

  • Housing starts increased in February
  • 2,800 jobs cut in February, unemployment rate slips to 7.4%
  • Canadian consumer prices were 2.5% higher than in January 2011
Read more...

Mortgage Market Update for the Week of April 13, 2012

 

This Week's Mortgage Market Update Contains:

  • Toronto condos the 'hot spot in Canadian home building'
  • Canadians slash spending to tackle debt
  • Tidal wave of foreclosed homes about to flood U.S. market

This Week's Quotation:

“Let no man imagine that he has no influence. Whoever he may be, and wherever he may be placed, the man who thinks becomes a light and a power.” - Henry George (1839 - 1897)

This Week's Highlights:

  • Housing starts increased in February
  • 2,800 jobs cut in February, unemployment rate slips to 7.4%
  • Canadian consumer prices were 2.5% higher than in January 2011
Read more...

Mortgage Market Update for the Week of March 30, 2012

 

This Week's Mortgage Market Update Contains:

  • Real estate: Ontario, B.C. at 'top of our list of concerns'
  • Shorter terms for mortgages may be in Ottawa's new budget
  • Survey: US home prices declined in 16 of 19 cities in January, despite pickup in home sales

This Week's Quotation:

“Success in business requires training and discipline and hard work. But if you're not frightened by these things, the opportunities are just as great today as they ever were.” - David Rockefeller (1915 - )

This Week's Highlights:

  • Housing starts increased in February
  • 2,800 jobs cut in February, unemployment rate slips to 7.4%
  • Canadian consumer prices were 2.5% higher than in January 2011
Read more...

Mortgage Market Update for the Week of March 23, 2012

 

This Week's Mortgage Market Update Contains:

  • New take on household debt: Families have 'big cushion'
  • Bank regulator targets mortgage disclosure
  • U.S. existing home sales dip in February

This Week's Quotation:

“Don't aim at success - the more you aim at it and make it a target, the more you are going to miss it. For success, like happiness, cannot be pursued; it must ensue... as the unintended side-effect of one's personal dedication to a course greater than oneself.” - Viktor Frankl

This Week's Highlights:

  • Housing starts increased in February
  • 2,800 jobs cut in February, unemployment rate slips to 7.4%
  • Canadian consumer prices were 2.5% higher than in January 2011
Read more...

Mortgage Market Update for the Week of March 16, 2012

 

This Week's Mortgage Market Update Contains:

  • Borrowers win clarified penalty terms
  • Low-rate mortgage wars are on
  • Why some U.S. housing markets do better than others

This Week's Quotation:

“Determine never to be idle...It is wonderful how much may be done if we are always doing.” - Thomas Jefferson (1743 - 1826)

This Week's Highlights:

  • Housing starts increased in February
  • 2,800 jobs cut in February, unemployment rate slips to 7.4%
  • Canadian consumer prices were 2.5% higher than in January 2011
Read more...

Mortgage Market Update for the Week of March 9, 2012
Mortgage Market Update for the Week of March 2, 2012
Mortgage Market Update for the Week of February 24, 2012
Mortgage Market Update for the Week of February 17, 2012
Mortgage Market Update for the Week of February 10, 2012
Mortgage Market Update for the Week of February 3, 2012
Mortgage Market Update for the Week of January 20, 2012
Mortgage Market Update for the Week of January 13, 2012
Mortgage Market Update for the Week of January 6, 2012
Mortgage Market Update for the Week of December 30, 2011
Mortgage Market Update for the Week of December 16, 2011
Mortgage Market Update for the Week of December 9, 2011
Mortgage Market Update for the Week of November 25, 2011
Mortgage Market Update for the Week of November 18, 2011
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