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Canada is out of recession in better shape than any in G7
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We have recorded the two strongest consecutive trimesters in the last decade By L. IAN MACDONALD, Freelance June 2, 2010 The Canadian economy grew by 6.1 ...

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Estate tax changes are coming to the US
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Estate tax changes are coming to the US - and this can affect Canadians who own an investment or vacation property south of the border. The tax cuts enacted ...

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Bank of Canada raises interest rate
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By mortgage brokers news After more than a year at a record low level, Bank of Canada Governor Mark Carney raised the benchmark interest rate for the first ...

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Canadians still pursuing recreational property as second homes
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Despite the fact that a second home requires a higher down payment, almost half of Canadians are still considering buying a recreational property according to ...

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New OECD report on the state of Canada released
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by mortgage brokers news The Canadian economy is bouncing back forcefully thanks to a rebounding trade sector and policy measures, the Organization for ...

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Do homework before doing home-search legwork.
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By Kim Covert, Canwest News Service OTTAWA - The first step to take when buying a new home is not to go looking for a new home. It's not even to get ...

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CMHC reports seeing rising housing starts over next two years
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by Mortgage Brokers News The next two years are expected to see housing starts rise due to demand and strong economic conditions, the CMHC reported in their ...

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The More things Change
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by Hugh Heron There’s an old saying: ‘The more things change, the more they stay the same.’ I have been involved in the new home building industry for over ...

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Fifteen year mortgage gaining in popularity in the U.S.
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By Mortgage brokers news Homeowners are more concerned with paying off their mortgage faster rather than looking for a stable monthly payment, making ...

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Seeing past the marketing
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Sarah Boesveld Globe and Mail Update Published on Tuesday, May. 04, 2010 7:23AM EDT Last updated on Tuesday, May. 04, 2010 10:43AM EDT “If you buy this ...

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Bank of Canada holds steady
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OTTAWA The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per ...

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New federal mortgage rules start today
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After Finance Minister Jim Flaherty announced three new mortgage rule changes in mid-February, the anticipation has been building to see what these changes ...