Agent Blogs

Blog posted by Cory Kline, AMP Views (7271)

At some point in their lives, most Canadians have probably asked themselves whether it is better to buy or rent a home. And purchasing a home is one of the biggest decisions most people ever make. Ultimately, the decision is a personal choice, but it helps to look... [ read more ]

Blog posted by Cory Kline, AMP Views (15164)

The Bank of Canada did not change their rates this morning, as expected. The Bank's announcement speaks to the changes in their position on Canada's growth and that... [ read more ]

Blog posted by Cory Kline, AMP Views (13319)

Using Home Equity to Your Advantage Canadians purchase homes for a variety of reasons. Some want the stability of owning their own home, while others also look at home ownership as an investment vehicle. No matter what the reason, the truth is that home ownership... [ read more ]

Blog posted by Cory Kline, AMP Views (7280)

Tips for Paying Off Your Mortgage Faster   Mortgages in Canada are generally amortized between 25 and 35 year terms. While this seems a long time, it does not have to take anyone that long to pay off their mortgage if they choose to do so in a shorter period... [ read more ]

Blog posted by Cory Kline, AMP Views (8140)

Bank of Canada has increased Prime 1/4%, making Prime rate 3.00%. It could have gone either way but it was felt Canada’s economy was strong enough to warrant another tightening. The Bank of Canada has therefore raised its overnight rate... [ read more ]

Blog posted by Cory Kline, AMP Views (10919)

The bond rate continued to drop the past week. It's now at the lowest level in 2010. Weak economic news from around the world has been the main driving force. If this continues to stay in these ranges, I expect the Bank of Canada may halt the projected increases in... [ read more ]

Blog posted by Cory Kline, AMP Views (9093)

As expected the Bank of Canada raised their rate by 1/4% this morning. Bank prime is now at 2.75%.   They comment that inflation is in line with their projections. Also, that overall economic growth is weaker than previously anticipated. Hopefully... [ read more ]

Blog posted by Cory Kline, AMP Views (7711)

Well it finally happened, the Bank of Canada raised it's rate by 1/4% this morning. This is the start of an upward trend with them. Their last paragraph in the announcement speaks as to the uncertainty in the markets. They are acknowledging that they will be... [ read more ]

Blog posted by Cory Kline, AMP Views (7802)

I just want to provide a head up for anyone who may be in the market for an upcoming mortgage and who may not be watching the Bank of Canada announcements or long term rate predictions. If you haven't been following them closely, they are still near the lowest in... [ read more ]

Blog posted by Cory Kline, AMP Views (8166)

The Canadian dollar rose sharply Tuesday as the Bank of Canada warned that it will be raising interest rates. At mid-morning, the dollar was up 1.6 cents to 100.14 cents US. The Bank of Canada kept its key lending rate unchanged Tuesday, but warned that its... [ read more ]

Blog posted by Cory Kline, AMP Views (8337)

On February 16, 2010, the Government of Canada announced a series of regulatory changes to support the long-term stability of Canada’s housing market. The following changes will be in effect as of Monday April 19, 2010: Qualifying Rate: • Fixed Rate... [ read more ]

Blog posted by Cory Kline, AMP Views (8203)

Royal Bank and TD Canada Trust announced Monday they are increasing several mortgage rates by up to 6/10ths of a percentage point.   The biggest jump is attached to the popular five-year fixed closed rate, which moves from 5.25 per cent to 5.85 per cent at... [ read more ]

Blog posted by Cory Kline, AMP Views (8403)

Inflation Set to Rise Faster Than Expected Economists are debating the timing, and extent, of the central bank's first rate moves, and some now suggest they will start earlier than they had initially forecast. The Bank of Canada is on heightened alert for... [ read more ]

Blog posted by Cory Kline, AMP Views (8160)

Globe and Mail Update Published on Tuesday, Mar. 02, 2010 9:04AM EST Last updated on Tuesday, Mar. 02, 2010 12:54PM EST   Real Estate: Home building to pick up speed: CMHC Housing starts will strengthen this year and next, and that increase in supply... [ read more ]

Blog posted by Cory Kline, AMP Views (8821)

  Bank of Canada Urged to Hike Rates After June OTTAWA -- The Bank of Canada should uphold its conditional pledge to keep its key policy rate at 0.25% until July but should then embark on sharp rate hikes of 50 basis points at every announcement date until... [ read more ]