Agent Blogs


First  Prev   1  2  3  4  5  6  7  8  9  10  11   Next  Last

Good News For Harper And The Canadian Economy

Sep 30, 2015

Blog posted by Cory Kline, AMP Views (2762)

Real gross domestic product (GDP) for July was posted at an better-than-expected 0.3 percent, confirming that the economy rebounded in the third quarter from the contraction in the first half of the year. Although oil prices remain depressed and... [ read more ]

Mortgage Market Commentary

Sep 11, 2015

Blog posted by Cory Kline, AMP Views (2201)

As we head into the busy, autumn, real estate season Canada's housing market is showing itself to be largely balanced and stable. Of course Vancouver and Toronto continue to exert undue influence on the national averages. In Toronto the average price of a... [ read more ]

Your Mortgage Penalty Was How Much??

Jul 13, 2015

Blog posted by Cory Kline, AMP Views (2237)

Someone recently asked if I could describe the various penalties associated with breaking a mortgage prior to the maturity date. Generally speaking, lenders usually use a 3 month interest penalty, or an Interest Rate Differential penalty (IRD). The penalty for... [ read more ]

Boom! A bond market implosion this big has only happened twice in the past 15 years

May 8, 2015

Blog posted by Cory Kline, AMP Views (2382)

Julie Verhage, Bloomberg News | May 7, 2015 The last couple of weeks have proven to be quite interesting for bond markets around the world. Major government debt markets including Germany, the U.S. and the U.K. have seen a dramatic sell-off, sparking stark... [ read more ]

Chief Economist Cautiously Optimistic After Announcement

Apr 15, 2015

Blog posted by Cory Kline, AMP Views (2516)

Dominion Lending Centres Chief Economist Dr. Sherry Cooper Cautiously Optimistic After Bank of Canada’s April Rate Policy Announcement April 15th 2015 Vancouver, BC - Following today's Bank of Canada’s announcement that it will hold... [ read more ]

Bank of Canada Announcement

Apr 15, 2015

Blog posted by Cory Kline, AMP Views (2533)

The Bank of Canada did NOT make any changes to the overnight rate at their meeting today... www.bankofcanada.ca/2015/04/fad-press-release-2015-04-15/ Prime Rate remains at 2.85% Cory Kline, AMP Mortgage Planning Since 1998   -  VOTED:... [ read more ]

Mortgage Market Update

Apr 10, 2015

Blog posted by Cory Kline, AMP Views (2835)

Rates remained unchanged this past week. The spring mortgage rate wars/specials have started. Make sure you fully explore what product is best suited for individual circumstances. The so called “sticker price” may not be the best deal for you. Always... [ read more ]

CMHC Premiums Increasing June 1,2015

Apr 10, 2015

Blog posted by Cory Kline, AMP Views (2702)

Drawing conclusions: Will new CMHC premiums raise your mortgage payments? Preet Banerjee Published Monday, Apr. 06 2015, 11:23 AM EDT Canada Mortgage and Housing Corporation issues mortgage loan default insurance. The federal housing agency recently announced... [ read more ]

Do you wonder why banks have posted rates?...Penalties

Apr 2, 2015

Blog posted by Cory Kline, AMP Views (2588)

By  Trish Balaberde, Christine Hawkins, Darwyn Sloat - Kelowna Capital... [ read more ]

Residential Market Commentary: Fixed vs Variable Rates

Apr 1, 2015

Blog posted by Cory Kline, AMP Views (2629)

Ultra-low but, apparently, unstable interest rates have Canadians favouring fixed-rate mortgages over variable by a ratio of nearly 2-to-1. A new survey, conducted by Nielson, for one of the country's big banks suggests 57% of homebuyers would pick a... [ read more ]

Average Price of Homes in Toronto Tops $1 Million

Mar 5, 2015

Blog posted by Cory Kline, AMP Views (2902)

Wow! With a 9% housing price increase over last year, Toronto is now Canada's first $1 million housing city (at least for detached homes). What does this mean for Torontonians? Interestingly…This means that most first time home buyers and experienced... [ read more ]

Bank of Canada Announcement March 4, 2015

Mar 4, 2015

Blog posted by Cory Kline, AMP Views (2769)

The Bank of Canada did not change their Prime Lending Rate at this mornings announcement. Prime Rate holds at 2.85% 5 Year Qualifying Rate has been reduced to 4.74%  www.bankofcanada.ca/2015/03/fad-press-release-2015-03-04/ Next meeting with the... [ read more ]

Dominion Lending Centres Chief Economist Comments on Bank Of Canada Rate Hold

Mar 4, 2015

Blog posted by Cory Kline, AMP Views (2597)

For Immediate Release March 4, 2015 Vancouver, B.C.- Dr. Sherry Cooper, Chief Economist for Dominion Lending Centres (DLC) was expecting the Bank of Canada to leave interest rates unchanged today in the wake of the surprising rate cut in late January. Governor... [ read more ]

Vancouver hit by dramatic drop in house values

Oct 31, 2014

Blog posted by Cory Kline, AMP Views (2477)

Interesting Article in Mortgage Broker News, written by James Henry/ Oct 30, 2014. Vancouver hit by dramatic drop in house values Hundreds of Vancouver homes are worth hundreds of thousands of dollars less now than they were a few months ago. If you require... [ read more ]

Cory's Mortgage Market Update

Oct 24, 2014

Blog posted by Cory Kline, AMP Views (2662)

As expected there was no change in the Bank of Canada rate. Bank Prime remains at 3% The article below is an excellent overview of yesterday's announcement. The next meeting is on... [ read more ]


First  Prev   1  2  3  4  5  6  7  8  9  10  11   Next  Last
DISCLAIMER: While we do our best to ensure the accuracy and integrity of information on our website, the opinions and advice published here are provided by outside individuals, and in no way reflect the opinions or legal position of the company, and are not intended to replace sound professional or legal advice. The company, website owners, developers, sellers or resellers will in no way be held accountable or liable for advice or opinions published here by outside parties (experts or consumers).