http://vancouver-home-mortgage.com Vancouver Home Mortgage Thu, 03 Jun 2010 22:21:39 +0000 http://backend.userland.com/rss092 en Further to the recent insurance guideline announcement, mortgage lending rules are tightened effective April 19, 2010. Key interest to Canadian mortgage lenders is the "definition of the five-year standard rate used for mortgage qualifying". The government is currently working on that definition, once those details are confirmed, it will be posted ... http://vancouver-home-mortgage.com/?p=389 Below is a CTV News report, dated February 16, 2010. Ottawa has tightened the rules for obtaining a government-backed mortgage, as it casts an eye towards expected future interest rate increases and the risks those pose for Canadian homeowners. Finance Minister Jim Flaherty announced Tuesday morning that prospective homeowners will soon have ... http://vancouver-home-mortgage.com/?p=387 TORONTO, Feb. 1 /CNW/ - With interest rates at a record low, a growing number of people are looking to purchase a home. Every homebuyer faces the age-old question of whether to choose a fixed or variable rate mortgage. "The question of whether to lock in to a longer-term fixed ... http://vancouver-home-mortgage.com/?p=385 It is generally less expensive to continually roll over a short-term mortgage than to commit to a long-term one By Eric Tyson and Tony Martin, published on Tuesday, Feb. 02, 2010. This is the sixth in a series of 10 excerpts from Investing for Canadians for Dummies. Whether to go for a short- ... http://vancouver-home-mortgage.com/?p=383 By James Pasternak, Financial Post - January 21, 2010. When Hamilton, Ont., residents and partners Kathy Funke and Dan Perryman wanted to purchase an investment residential property in 2000, they did what most Canadians do when it's time to borrow. They headed to the bank branches in their area. They shopped around ... http://vancouver-home-mortgage.com/?p=380 January 11, 2010 There has been a shortage of rental units for years in British Columbia. In order to address this, the Provincial Government recently passed legislation dealing with the rental provisions of the Strata Property Act ("SPA"). Under the old section 143 of the SPA, a rental restriction bylaw passed by ... http://vancouver-home-mortgage.com/?p=379 A release by BCREA for December, 2009: Home buyers will benefit from a low mortgage rate environment through much of 2010.  The BC Real Estate Association forecasts borrowing costs to rise more quickly during the tail-end of 2010 and through 2011. "Mortgage rates will inevitably rise from current levels. Today’s low interest ... http://vancouver-home-mortgage.com/?p=377 December 08, 2009 TORONTO — The Bank of Canada repeated its pledge Tuesday to keep interests rates at historic lows until the middle of next year to stimulate growth and a sense of stability in the midst of a slow economic recovery. But, economists are calling for rate hikes as much as ... http://vancouver-home-mortgage.com/?p=374 Wednesday, December 2, 2009 VANCOUVER - Home values continued to edge upward in November as demand in the Greater Vancouver housing market remains well above seasonal norms. Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 12.4 per cent to ... http://vancouver-home-mortgage.com/?p=371 Wednesday, November 4, 2009   VANCOUVER – Strong demand has led to a steady rise in Greater Vancouver home prices compared to last year. Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 6.8 per cent to $553,702 from $518,668 in ... http://vancouver-home-mortgage.com/?p=370