Hot real estate markets driving household wealth Janet Mcfarland, The Globe and Mail, August 25, 2015 Canadians grew wealthier in 2014 as they saved more money while slowing their pace of borrowing, leaving many households better prepared to weather falling oil prices and recent economic downturns. Household debts climbed 2.9 per cent on average last (…) Continue Reading →
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Aug
19
Saskatoon Mortgage Broker shares article on why laneway homes are a tough sell in some cities
Why laneway homes are a tough sell in some cities Cara Cruz, CBC News, August 19, 2015 Trying to break into Canada’s red-hot housing market is not for the weak of stomach or the light of bank account. For millennials, that’s meant shifting ideas and values about what home looks like. “You look at the typical (…) Continue Reading →
Aug
17
Saskatoon Mortgage Broker shares article on what CMHC Mortgage insurance is
What is CMHC Mortgage Insurance Tom Drake, August 17 2015 Canadians, that much of a down payment is prohibitive. So, what can you do if you can’t make such a big down payment? If you are willing to pay extra for your mortgage, you can get special insurance to help lenders feel better about approving (…) Continue Reading →
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