Below is an article from the Canadian press, the major points that have not been noted in this article are As Canadians we only have had the privillage of purchasing a rental property with less then a 20% down payment for the last 3 years, so prior to this investors often placed down 25-35% of the purchase […]

Pain in Australia is a peek at what’s to come Published on Tuesday, Apr. 13, 2010 The Globe and Mail Report on Business   berman@globeandmail.com For a glimpse of what the future may feel like in the Great White North, look Down Under. Faced with a jumping housing market, a steadily improving job market and […]

Posted to FP: April 12, 2010, Jonathan Ratner With most agreeing that a rate hike from the Bank of Canada is imminent, the talk now turns to the exact timing and extent of the central bank’s policy changes. Governor Mark Carney made a “conditional” promise to keep the benchmark interest rate at 0.25% through the […]

  By The Canadian Press TORONTO – Prices for all key housing types were up more than 10 per cent across Canada in the first quarter, although some markets were hotter than others. That’s according to a national real-estate survey by Royal LePage, which says the Canadian housing market will likely become more moderate as […]

There is a small loophole in the new federal mortgage rules that could make it easier for the banks to lend out money to first-time buyers. The federal government announced last month new requirements for anyone borrowing money for a house and needing mortgage insurance. If you have less than a 20% down payment and […]

Should you lock in your mortgage or let it float with a variable rate? Toronto-Based wealth manager Scott Tomenson makes the case for variable. ARE VARIABLE MORTGAGES AS GOOD AS THEY LOOK? Q: My fiance and I have just bought our first home and we are going in circles about what is the best mortgage […]

By Julian Beltrame, The Canadian Press OTTAWA – Canadians could be facing higher interest rates sooner than previously thought as a result of stubborn inflation and stronger economic growth, Bank of Canada Mark Carney said Wednesday. Carney did not declare higher rates were on the way, but issued his clearest signal to date that his […]

Jeremy Torobin Ottawa — From Saturday’s Globe and Mail Published on Friday, Mar. 19, 2010 10:21PM EDT Last updated on Monday, Mar. 22, 2010 6:16AM EDT The clock is ticking on Canada’s record-low borrowing costs, as inflation continues to move at a faster rate than the central bank had expected. The hot reading on inflation […]

James Pasternak, Financial Post  It is a legal document that stretches about 30 pages and runs about 10,000 words. Its execution takes no more than a couple minutes and when the ink dries on the signature lines, more times than not it is never read and gets slipped into a file folder, largely forgotten. But […]

Nicolas Van Praet, Financial Post Montreal — The era of fearing Canada’s high-flying loonie might finally be passed. Trading near US98.6¢, the dollar is now the closest it’s been to one-on-one status with the U.S. greenback since July 2008. And Jim Flaherty, Canada’s finance minister isn’t flinching. “We see where it’s at now and it’s […]