Did you know that U-Haul releases an annual report which details the previous year’s highest growth markets? The cities are calculated by the net gain of arriving one-way U-Haul trucks over departing one-way U-Haul trucks for a calendar year. The data is compiled from more than 1.7 million one-way U-Haul truck rental transactions that occur annually and is actually a highly sought after source of information as it offers the most comprehensive data of its kind.Read More
You’re thinking about buying a home, which means you’ll most likely be in the market for a mortgage. As with any large financial transaction, there is a lot of paperwork involved. Below is a list of the standard documentation you’ll need to provide. After your application has been filled out, the potential lender will set out to verify all of the information provided.Read More
You’ve bought new home and there are a million things swirling in your mind to prepare as the closing day countdown ticks away. The normal hassles of changing your mailing address, canceling utilities and setting them up at the new place, enrolling kids at a new school, figuring out your commute to work- the list goes on and on.
One of the things that many dread the most,Read More
Part I – Hiking Rates
For the third time in four years, the Canada Mortgage and Housing Corporation (CMHC) recently announced it will again increase mortgage insurance premiums, which would average an additional $5 per month ($60/year) for the typical insured mortgage.
The increase will apply to newly insured mortgages only and will take affect on St. Patrick’s Day (March 17th),Read More
In July 2016, BC’s government unexpectedly mandated a 15% tax on any foreign national buying real estate in Metro Vancouver. This maneuver was to put a major speed bump on the steady flow of offshore money (mainly Chinese), streaming into the province, which bore the brunt of the blame for Vancouver’s record high real estate last year.
The composite benchmark price,Read More
As we enter into 2017, we take a look back at major headlines in 2016 and projections for what might lay ahead for Canadians in the next 12 months.
New Mortgage Rules
Last October, Canada’s Federal Finance Minister made an announcement that would affect those trying to qualify for a mortgage as of November 30, 2016. In the past,Read More
A mortgage is a considerable financial investment for anyone. It is likely one of the biggest investments an individual will make in their lifetime and there are many aspects to consider to ensure that your type of mortgage is the right one for you. A large part of the decision will be based on your personal situation (how much down payment you have,Read More
If you’ve ever thought about trying to make more money, the idea of making an investment has probably crossed your mind. Perhaps you’ve thought about getting into real estate, as investing in property could potentially offer the perfect opportunity to expand your income. From new to experienced, there are many things to know before crossing over to “real estate mogul”Read More
No matter what kind of home you live in, it’s probably safe to assume that you want it to be as close to your taste as possible, which is often more difficult than it sounds. If you find yourself in a home that doesn’t float your boat, but rather slowly sinks it, you might fall into one of the following categories- moving to a property which meets your needs or improving the one you’re already in.Read More
For anyone who wants to earn a little extra money on the side, real estate can offer the perfect opportunity. No matter what level of experience you have in this area, chances are you can make a decent side profit from real estate. There are, of course, many different ways of earning money through property. Probably the easiest, and most common,Read More