Financing, Loan & Mortgage

12/28/2022

*Foreign Ownership Ban starting January - see below.

The Prohibition on the Purchase of Residential Property by Non-Canadians Act prevents non-Canadians from buying residential property in Canada for 2 years starting on January 1, 2023.

08/09/2022

Christopher Alexander, president of Re/Max Canada, talks to the Financial Post's Larysa Harapyn about the housing market, why buyers are sitting on the sidel...

08/03/2022

Total residential unit sales in the Greater Edmonton Area (GEA) real estate market decreased 23.8% compared to June 2022 and saw a year-over-year decrease of 10.3% from July 2021.New residential listings decreased 14.8% month-over-month from June 2022 but saw an increase of 6.2% from July of last ye...

03/14/2022

The latest consumer trends and stats from Canada’s top real estate website.

10/07/2021

Edmonton's September Real Estate market update.

Edmonton's September Real Estate market update.

06/05/2021

The federal government has launched a new program that offers homeowners grants to retrofit their homes and make them more energy efficient. The Canada Greener Home Grants program, funded to the tune of $2.6 billion, will offer homeowners grants of up to $5,000 that can be put toward energy-saving projects such as:

Improved insulation;
Air sealing, thermostats;
Energy efficient heating and cooling equipment;
Solar panels; and
Energy-efficient windows and doors.

The program will also include grants of up to $600 that can be used for EnerGuide home energy audits. The Canada Greener Home Grants program is expected to award 700,000 grants over seven years.

Buildings, including our homes, account for 18% of Canada’s greenhouse gas emissions. We want to help Canadians make where they live more energy-efficient. This means homes will be more comfortable and more affordable to maintain while also supporting our environmental objectives. The Canada Green...

03/07/2021

Updated Edmonton Market Statistics. *If you're considering Selling - there is NO better time of year, than RIGHT NOW.

Call/text me with any questions, at (780) 445-8575.


HomeBuyingPro.ca

Updated Edmonton Market Statistics. *If you're considering Selling - there is NO better time of year, than RIGHT NOW.

Call/text me with any questions, at (780) 445-8575.

08/20/2020

Hi Everyone. New qualification standards are out, see below.
Feel free to call/text me with any questions - (780) 445-8575. 🤓

The Canadian Mortgage and Housing Corporation (CMHC) has implemented new underwriting criteria (eligibility requirements) to apply for homeowner transactional and portfolio mortgage insurance. Introduced earlier this summer, these new adjustments from CMHC come as a precaution while the COVID-19 pan...

07/15/2020

No interest rate surprises for now. Enjoy your day 🤓

Bank maintains overnight benchmark rate at 0.25% As expected, the Bank of Canada announced that it is holding its key interest rate target at 0.25%. The Bank acknowledged the hefty economic impact due to COVID-19, and although the pandemic appears to have peaked, there still remains a high degree of...