Money Laundering As of late there has been much media attention focused on the role of foreign buyers, and increasingly on ‘money laundering’. No doubt both foreign buyers and money laundering play a role in our markets but not necessarily a linked role....
[vc_row][vc_column width=”1/1″] Short Version Lower rates for longer is the initial prognosis. Referendums: Just a flawed concept. Long Version While Canada is somewhat insulated from the direct economic consequences of Brexit, so little of CDN...
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...
[vc_row][vc_column width=”1/1″]But when rates go back up… It is not when, it is if. I wrote that correctly. If they go up, as in if they go up in time to matter to me or to you, Mr. & Mrs. Homeowner. Maybe they stay low for another ten or...
[vc_row][vc_column width=”1/1″]The Amortization Effect Each year from 2008 through 2010 the Federal Government reduced the maximum amortization as follows. Purchases with less than 20% down –from 40–35 years, then 35- 30 and finally 30–25...
7ads6x98y
