Kim Reid
The Right House, The Right Price
Agent Blogs
May 9
2013
Mortgage Market Update...
Blog posted by Cory Kline, AMP
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Views (149)
We saw a small movement upwards in the bonds the last few days. There have been no major changes in interest rates
5 year funds are available in the 2.84-2.99% range, 10 year... [ more ]
May 2
2013
Cory's Mortgage Market Update...
Blog posted by Cory Kline, AMP
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Views (199)
Did you know? Both CMHC and Genworth will consider refinances for marital split payouts up to 95% of the home value, on an exception basis. Typically clients can only refinance up to 80% LTV of the equity... [ more ]
Apr 26
2013
Flashback to 1969… Is housing really more unaffordable today?
Blog posted by Kevin Harris
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Views (519)
We keep hearing it on the news, from government, economists and banks… housing is more unaffordable today than it was for previous generations. Is it really as much as people claim?
We thought we would take a look and see at what the differences... [ more ]
Apr 11
2013
Things are Looking Up!
Blog posted by Kevin Harris
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Views (595)
Not a boom, but not a bust either
According to an article in the Leader-Post StatsCan has reported that the economy had stronger growth than predicted in January. The growth was primarily driven by a stronger manufacturing sector but the arts, technology and... [ more ]
Apr 4
2013
Mortgage Market Update...
Blog posted by Cory Kline, AMP
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Views (467)
Another week has past and the interest rate markets remain extremely low and unchanged. 5 year funds are available in the... [ more ]
Mar 5
2013
5 Questions to ask your Mortgage Broker
Blog posted by Cory Kline, AMP
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Views (872)
1. How long have you been in the business? (Ideally, at least two to five years) 15 years
2. How many lenders does your team have “top-tier status” with? (Preferably six to seven or more)10+
3. Is the rate you’re quoting me the lowest rate for... [ more ]
Feb 21
2013
3 Impactful 2013 Resolutions for Your Home
Blog posted by Kevin Harris
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Views (2473)
Whether it’s most important for you and your family to shrink your bills or reduce your carbon footprint, these resolutions are commendable. Here are some useful tips that can benefit ecological conservation, make more time for family, and lead to home... [ more ]
Feb 21
2013
Mortgage Market Update...
Blog posted by Cory Kline, AMP
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Views (2393)
No changes in rates the past week ... 5 year funds remain in the 2.94-3.19% range, 10 year funds as low as 3.69%. Variable rate mortgages are available as low as 2.65%.... [ more ]
Feb 13
2013
THE CASE OF THE MISSING AIR CONDITIONER
Blog posted by Joanne McPhail
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Views (2538)
Clients of mine recently purchased a property, only to discover on closing that the air conditioner had been removed right before closing. They now find themselves in the midst of a small claims court action for damages for the loss of the value of the unit... [ more ]
Jan 28
2013
Canadian Market Update...
Blog posted by Cory Kline, AMP
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Views (1070)
Canada
• Citing a more muted inflation outlook and constructive evolution of imbalances in the household sector, the Bank of Canada stated that the withdrawal of monetary stimulus is less imminent than previously anticipated. That surprised markets, and... [ more ]
Jan 24
2013
Bank of Canada signals no rate hikes anytime soon...
Blog posted by Cory Kline, AMP
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Views (1110)
Industry News
While the Bank of Canada acknowledges the economic outlook here and elsewhere “is slightly weaker” than thought, policymakers are also offering up some hope for the near future.
In a nutshell, Canada’s economy is... [ more ]
Jan 22
2013
Economic Highlights for the Past Week...
Blog posted by Cory Kline, AMP
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Views (958)
Canada
• The Bank of Canada’s Business Outlook Survey revealed that businesses are mildly optimistic about the future. Manufacturing sales also came in better than expected earlier this morning.
• The third Canadian data release for the week was... [ more ]
Jan 11
2013
Economic Highlights this past week
Blog posted by Cory Kline, AMP
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Views (1045)
• The U.S. Congress reached a deal to avoid the worst of the fiscal cliff, although a decision on scheduled spending cuts was pushed back two months. This outcome was quite close to our expectation, and as such our macroeconomic outlook remains... [ more ]
Jan 11
2013
Market Update
Blog posted by Cory Kline, AMP
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Views (1026)
Bond rates inched up the past week, resulting in a few lender's raising their fixed rates by 5 basis points. We have 5 year terms available in the 2.98% range and 10 year terms from 3.79%. Variable rates... [ more ]
Jan 3
2013
Mortgage Market Update
Blog posted by Cory Kline, AMP
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Views (1296)
There were no changes to rates over the holiday season.
If you have a variable rate of any more than prime +.75 or a fixed rate of... [ more ]
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