Monthly Archive: November 2011

Nov 23

Housing starts set to increase in Calgary

Ran accross this article this morning http://tiny.cc/0bfm2 which supports the opinion of many I talk to about growth in Calgary. Other major centers in Canada such as Toronto and Vancouver have already seen growth with Alberta lagging behind. However it is looking like that is set to change at the expense of Ontario and BC. …

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Nov 18

The European debt crisis could save you money on your mortgage!

This European sovereign debt crisis could lead to substantial interest savings on your existing mortgage. The liquidity concerns that the European banks face (similar to the US Banks in the fall of 2008) has created a unique situation, where short term money (variable rate mortgages) become more expensive and where longer term money (US and …

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Nov 17

Credit line or Mortgage?

Sifting through the usual bombardment of information this morning I came across this article and it really struck me that generally people do not know what they have gotten themselves into when they opt for a secured line using their home as collateral. While the statistics in this article are quite high demonstrating the general lack …

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Nov 16

Is now the time to buy in Calgary?

So I had a very interesting conversation this morning with my colleagues.  As the conversation usually goes, there was a lot of talk about the economy, politics, interest rates, and the usual stuff where we try and figure out where this crazy world and our industry is heading. The conversation eventually headed to a point …

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