You have likely heard in the news that there are (yet again!) new mortgage rules coming into place for Canadian homeowners. Will it affect you? If you're refinancing, if you don't have 20% of the purchase price for a down payment, or if you're buying a home over $1 million without a 20% down payment, the simple answer is, YES!
There is so much lingo involved in these media releases that you ...
Posted by Laura Keller
on June 22, 2012
The market continues strong with this latest report from the Ottawa Real Esate Board:
Members of the Ottawa Real Estate Board sold 1,896 residential properties in May through the Board's Multiple Listing Service® system, compared with 1,659 in May 2011, an increase of 14.3 per cent. May's sales included 364 in the condominium property class, and 1,532 in the residential property class. The condominium ...
Posted by Margaret Burniston
on June 21, 2012