Real Estate Stats; The Sky Is Not Falling

[vc_row][vc_column width=”1/1″]Numbers; the bane of our modern existence. We increasingly put our faith in, and base decisions on, what the numbers tell us. Which is to say we allow our decisions, and mindset, to be shaped by the people filtering and...

Call Your Local Professionals

[vc_row][vc_column width=”1/1″]  Call Your Local Professionals   We have seen no shortage of headlines this year, or any of the past 5, 10 or 20 years, from ‘credentialed’ observers of the Canadian Real Estate market from around the world offering...

Has Mortgage Debt Shot Up?

  WHAT ABOUT OUR DEBT LEVELS?   Amidst increasing media and water-cooler chatter of potential drops in real estate values of X%–Y%, let’s take a moment and review the systemic risk via mortgage debt numbers.   The first, and largest, piece of the puzzle...

Broken Telephone: Scotiabank and Vancouver Mortgages

[vc_row][vc_column width=”1/1″]A game of broken telephone…   Fact – Jenny says ‘I like Johnny’s friend Jim’.   Fiction – School newspaper runs with ‘Jenny caught kissing Johnny in gym’.   Detachment from Reality – Student chatter converts...

How have you structured your own mortgage and why?

Ask your Broker or your banker the following Question; How have you structured your own mortgage and why? Aside from discovering that an overwhelming number of mortgage professionals have their own residence set up in either short term fixed (1yr or 2yr) or a variable...