Sound principles in impact on pricing properties continues to be the story through CREB recovery – March 6, 2018

By Claudette Coutts on Wednesday, March 7th, 2018 in Inside Scoop, Mortgages, Real Estate News. No Comments

Sound principles in pricing properties continues to be the story through the recovery. As expected the upbeat markets impact on prices from January failed to carry through February, seeing our total sale volume drop to 18% below February 2017’s sales numbers. The thoughts according to CREB’s chief economist, Ann-Marie Lurie, are “Housing market conditions are still […]

NEW Mortgage Stress Test starts January 1, 2018

By Claudette Coutts on Friday, November 3rd, 2017 in Mortgages, News, Real Estate News. 1 Comment

New Mortgage Rules  Canada’s top banking regulator has published the final version of its new mortgage rules. The new guidelines for the mortgage industry will come into affect on January 1, 2018. Among the major new rules is a requirement to stress test uninsured borrowers. Previously, only insured borrowers had to undergo such a test. By […]

Signs of Mortgage Fraud

By Claudette Coutts on Monday, May 1st, 2017 in Mortgages, News. No Comments

Do you know how to make sure you don’t become involved in a fraudulent transaction? The Real Estate Council of Alberta has prepared a list of mortgage fraud red flags to help you protect yourself. Red flags may indicate there’s a fraudulent transaction taking place; they don’t guarantee a fraud but should raise suspicion. Watch […]

Monday, May 6, 2013 – New Listing – C3567822

By Claudette Coutts on Monday, May 6th, 2013 in Mortgages. No Comments

Just added this listing: “Enjoy life in a friendly community at The Point in Cochrane. Centrally located and within walking distance to the downtown core and amenities. This bright two bedroom / two bathroom condo is welcoming and perfect for busy people. The main living area has laminate flooring, carpet in the bedrooms and tile […]

Thursday, July 26, 2012 – Banks want full Control

By Claudette Coutts on Thursday, July 26th, 2012 in Mortgages. No Comments

July 26, 2012 Banks have introduced a plan to gain greater control over their clients and to secure unsecured high interest credit cards and loans by way of a collateral mortgage. Here’s how it works, when you get a mortgage from the bank the mortgage will include a re-advance clause or a collateral mortgage pledging […]

Monday, June 22, 2009 – Mortgage Matters

By Claudette Coutts on Monday, June 22nd, 2009 in Mortgages. No Comments

First Time Real Estate Buyers are coming out in droves. Interest rates make payment an easier pill to swallow for those making the transition from tenant to homeowner, lower house prices are assisting those who might have previously been priced out of the market as well. Since December we have seen five consecutive months of […]