Impending Mortgage Rate Increase

There are a few indicators we watch that signal when mortgage interest rates may start going up. You can secure a 4 month rate-hold now so you can shop with confidence as you will know what your payments will be when you move in. If the rates go down then you still get the lower rate. How great is that?!

Strategy For Re-Mortgaging / Debt Consolidation

If you have an existing mortgage at a rate more than 4.5% then there is an excellent strategy to take advantage of these coming rate increases that will save your money on your payout fee and get you the last of these rates before they increase for good. Please contact us to discuss.

Canadian Mortgage Bonds

A mysterious number called "the spread" that banks use to price mortgages is at 1.09.

Currently lenders are looking for a spread between 1.35 and 1.55. To increase profitability and get the spread back to

the middle of the comfort zone (1.45 from 1.28) they will increase the rates to keep shareholders happy.

 

Calgary's housing market recovery driven by single family home sales
04/01/2011
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Calgary's NW sector boasted the largest gains in single family homes sales in the first quarter Calgary, April 1, 2011 - According to figures released today by CREB® (Calgary Real Estate Board), Calgary Metro sales remained at levels similar… more
Calgary's Housing Recovery Has Staying Power
03/13/2011
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Low borrowing costs continue to fuel market recovery Calgary December 1, 2009 - The Calgary housing market is showing signs of a sustained recovery according to figures released today by the Calgary Real Estate Board (CREB). "November sales… more
What is needed to drive growth in Calgary and Alberta?
03/12/2011
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Jobs and Migration Confidence in employment prospects and family income will determine the pace of the housing market. As such, a more robust improvement in Calgary's housing market will require new permanent jobs. Oil and Gas Oil and gas have… more
How does the City determine value?
03/11/2011
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The City of Calgary uses a few methods of how they calculate their property assessments: Sales comparison approach - sales of similar properties. Income approach - capitalize the income being generated by the property. Cost approach - land… more
Boom time
03/08/2011
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It's everywhere in Alberta now… My wife and i sold our place and are now looking at buying 3 more places. It's 2004 baby! more
I love Calgary
03/04/2011
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So good to see all the activity again! The Energy Sector is heating up and housing is already awakening from a 3 year slumber. We just sold our condo and are really pleased with how our busineses are working. more
RE/MAX Western's Calgary Barometer Report 2000 to 2010
02/09/2011
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For those who are interested: http://www. youtube. com/user/remaxwestcanada? feature=mhum#p/u/8/qLFbO-0UKK4 I'd love to discuss this with anyone… there's lots happeningin Calgary these days. more
The BEST GOOD NEWS I have heard in a long time! WooHoo!
02/07/2011
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Mark Herman's "MARKet Update" Feb, 2011 Mark Herman; AMP, B. Comm., CAM, MBA- Finance www. MarkHerman. ca One of the Top-10 Brokers at Canada's Largest Independent Mortgage Brokerage Mortgage Alliance  Mobile: 403-681-4376  Secure e-Fax: 1-866-823… more
 
Peter_chapman

Peter Chapman 35% Referral Fee! 403-831-1242

Calgary, AB

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RE/MAX Mountain View

Address: Calgary, AB

Cell Phone: (403) 831-1242

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