Connected To More
Signed in as . Sign Out.
Subscribe
Viewing All Posts. 116 Posts Found.
Page: 1 ... 4 5 6 7 8 9 10 ...12   Previous | Next

Poll: Almost 40% of Young Condo Buyers Not Aware of New Lending Rules

A recent poll conducted by Environics Research Group for TD Canada Trust reveals, not surprisingly, that the majority of urban Canadian condo buyers are first-time home buyers.  Environics polled 806 people in Montreal, Toronto, Calgary and Vancouver who have bought a condo in the past 24 months or intend to buy a condo in the next 24 months. Results ...

Consumer Confidence Up, Home Prices Calming Down

Consumer confidence rose by 4 points in April over the previous month, according to the Conference Board of Canada consumer confidence index. It also revealed a sharp shift in Canadians' attitudes toward making major purchases such as homes, appliances and automobiles.  For the first time in almost a year, survey respondents who think now is a good time to make a major purchase ...

Breaking Up is Hard to Do: What Are The Barriers to Choosing a Mortgage Broker?

Despite the abilities of mortgage brokers to find rates for home buyers often lower than those posted by the big banks, some buyers are reluctant to leave the comfort of their lending institutions in favour of personal ‘agents’ working in their best interests.  This is supported by evidence that in Canada, first-time buyers are the most likely to use mortgage brokers, while repeat buyers ...

All Grown Up: The City of Vancouver Turns 125

The only city to earn top spot on the Economist Intelligence Unit's list of the world's most liveable cities for five straight years, Vancouver, British Columbia turns 125 years old on April 6, 2011.  Vancouver is a youngster by historical standards, but already the city has gained prominence in world rankings in a number of categories - from real estate to quality ...

Think That Fixer-Upper is a Steal? Think Again.

An online survey of 1,001 Canadians who have purchased a home within the past two years, or intend to buy a home in the next two years, shows that gender plays a role in the selection of new homes vs. 'fixer-uppers'.   More men than women surveyed in the 2011 TD Canada Trust Home Buyers Report preferred fixer-uppers because they are more affordable (14 percent vs. 8 percent) and allow ...

Earthquake in Japan Should Give Canadians Pause

Many of us watching the devastating images emerging from Japan - and who live on the west coast of Canada - are taking serious pause to think about if we could withstand such a catastrophic event.    Fault zones in Canada aren't limited to the west coast. According to the Government of Canada, this country averages about 5,000 small earthquakes per year. A minor tremor ...

Small Spaces Can Offer Big Savings on Monthly Expenses

High home prices are putting pressure on many first time buyers to seek smaller spaces to save on monthly mortgage payments. Not all small spaces are created equal; it is important to define your lifestyle needs in addition to square footage when determining monthly payments. What are some features of small spaces that can help to reduce your monthly housing expenses? The 2011 AVID ...

Canadians Save by Renewing, Renegotiating Mortgages With Brokers

The Mortgage Broker channel in Canada is highly competitive. Research shows that consumers recently renewing their mortgages with Mortgage Brokers came out way ahead of those renewing with other channels. Maritz Research Canada recently conducted a study of 2,000 Canadians. The study focused on Canadians' opinions of the mortgage industry and specific feedback on their mortgages and experiences ...

Is CMHC Mortgage Insurance Anti-Competitive?

A report this week by the C.D. Howe Institute suggests that under the current Canadian mortgage insurance system, it just might be. In general, a Canadian home buyer must make a minimum five percent mortgage down payment to qualify for CMHC loan insurance and is subject to insurance on down payments of less than 20 percent of the purchase price of a home. According to C.D. Howe, CMHC ...

Survey Says: Canadian Housing World’s Most Affordable, Least Affordable

In what may have come as a shock to anyone living in Toronto, Montreal or Vancouver, the 7th Annual Demographia International Housing Affordability Survey recently ranked Canada and the United States the most affordable markets among countries surveyed in 2010. To be ranked affordable, a market could not have an average housing price of more than three times the median income for that ...
Subscribe
Viewing All Posts. 116 Posts Found.
Page: 1 ... 4 5 6 7 8 9 10 ...12   Previous | Next