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Archive for May 2011

No New Mortgage Rule Changes

May 11, 2011

There has already been “some softening” in the Canadian real-estate market so there is no need for further tightening of mortgage rules, Finance Minister Jim Flaherty said Tuesday. In his first public comments since the election, Flaherty said the country continues to weather the ongoing upheaval in the global economy. He said his first priority [...]

Post Election

May 5, 2011

Okay, so we had an election. What do the results mean to the real estate/ mortgage market. Go across the country and you will hear various outlooks some of shear blind hope and others more tempered in sanity. We have heard that the new conservative majority will change some of the recent mortgage restrictions by [...]

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