Homes-Calgary.com

Homes-Calgary.com Free Market Evaluations for your Calgary and area home.

Our Poet Remembered
10/17/2021

Our Poet Remembered

Okay lets see who is honest...without details...
06/10/2021

Okay lets see who is honest...without details...

Holding...
06/10/2021

Holding...

The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent.

Change inevitable
06/03/2021

Change inevitable

Huge leap in gross debt puts us among top five most indebted

05/22/2021
Pre-approval does not always equate to a mortgage on the home you want.To be candid the bank has zero feelings about the...
05/02/2021

Pre-approval does not always equate to a mortgage on the home you want.

To be candid the bank has zero feelings about the home you just made an offer on. What they want is to ensure they can get their money back if you default.

Many Canadians are under the assumption their mortgage is as good as done once they have a mortgage pre-approval. But the truth is a buyer cannot expect a mortgage pre-approval will automatically translate into a mortgage. The lender now needs to consider the property itself, approve all the terms a...

Where are Bank Mortgage rates going?
04/29/2021

Where are Bank Mortgage rates going?

David Larock, president of Integrated Mortgage Planners provides his contrarian perspective to last week's Bank of Canada update, and where he thinks mortgage rates are headed.

I have told many of my clients that the rates will go up faster than they are projected by the experts.Now...this, what ...
04/22/2021

I have told many of my clients that the rates will go up faster than they are projected by the experts.

Now...this, what they are saying.

The Bank of Canada delivered pretty much exactly what Bay Street expected Wednesday by scaling back its quantitative easing program and leaving its benchmark interest rate at 0.25 per cent. However, I would argue there was a big surprise for Canadians who have been counting on rates staying put into...

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