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11/15/2018 10:58:54 PM

Vancouver real estate agent suspended for faking 'sick grandmother' doctor's note
But when he handed in the penultimate paper for his B.C. Real Estate Association course a day late in July 2016, KB told the administrator his "grandmother has not been doing well since Thursday evening & has since passed." "This is an extraordinary ...

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11/15/2018 7:03:48 AM

Financial Post

Mortgage risks fading as Bank of Canada sees dramatic drop in highly indebted borrowers
Financial Post
So far, the bank has said Canadians have been making spending adjustments in response to rate hikes and the arrival of stricter mortgage policies. At the same time, the bank has reported that credit growth has continued to moderate and household ...
Mortgage risks fading thanks to higher rates, tougher rules: Bank of

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11/14/2018 11:13:13 AM


Real Estate Markets Cooling Across The Country, And It's Not Just The Winter Effect
In December 2008, almost a decade ago exactly, Case-Shiller posted a record 18% price drop in home values across the country as the subprime mortgage crisis reached fever pitch. After a slow and .... States with higher property taxes such as New York ...

11/15/2018 12:35:56 PM

Vancouver Courier

Commercial real estate investment slows slightly after record-making 2017
Vancouver Courier
A new report by real estate data analysts' Altus Group shows Vancouver commercial and land investment hit $14.5 billion last year – the highest annual transaction volume in the group's history tracking data for the market. Land sales accounted for over ...

11/15/2018 12:38:09 PM

Toronto Star

A few simple things can dramatically reduce mortgage costs
Toronto Star
The prospect of a mortgage and owing a huge sum over decades — whether you're arranging or renewing financing on a home — can be daunting. And when you look at how much of your payments go toward the interest in the early years of your mortgage, ...

11/15/2018 10:04:46 AM

Man extradited from Ireland pleads guilty to mortgage fraud
680 News
... the 45-year-old Lee engaged in the scheme from 2005 to 2007 before the housing bubble burst. They say he and others converted multi-family buildings in Boston into condominiums, made fake mortgage loan applications and forged property appraisals.

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11/15/2018 11:52:53 AM

680 News

US average mortgage rates flat to higher; 30-year 4.94 pct.
680 News
WASHINGTON — U.S. long-term mortgage rates were steady to slightly up this week, at their highest levels in nearly eight years and dampening home sales. Mortgage buyer Freddie Mac says the average rate on a 30-year, fixed-rate mortgage was ...
Mortgage rates plateau amid stock market fluctuationsWashington Post
Mortgage rates hold steady as housing market stresses mountMarketWatch
Freddie Mac Investor RelationsFreddie Mac
Freddie Mac
all 199 news articles »

11/15/2018 9:45:08 AM

Financial Post

Why your neighbour's kid is getting a better mortgage rate than you
Financial Post
Today, an insured mortgage is one where the value of the home is under $1 million, the down payment is less than 20 per cent, the amortization period is at a maximum 25 years, and the home is not a rental property. A person in this scenario can get a ...

11/13/2018 4:38:57 AM

Calgary Herald

Council asked to approve 13% property tax boost over four years
Calgary Herald
City administration is asking council to approve a 3.45-per-cent property tax increase next year — and further hikes of three per cent for each of the next three years — as the city grapples with the costs of suburban growth and fewer sources of funding.
Council considers 3.5-per-cent property tax hikeCalgary Sun

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11/14/2018 3:50:18 PM