I opened my Facebook this morning and read about one website's opinion on what 2011 Kitchens will resemble. Style at Home states, "The kitchen is the heart of the home. Indeed, no matter how lovely the living room, how comfortable the dining room chairs, you're sure to find a coterie of friends and family hovering around the kitchen whenever they're over. And no one can argue that having an up-to-date ...
Posted by Megan Shay
on January 20, 2011
On Monday, the Government of Canada announced adjustments to the rules for government-backed insured mortgages. These changes are an effort to address concerns about the increasing levels of Canadian household debt. They are designed to ensure that homebuyers don’t risk their financial security by buying more than they can afford.
So what do these adjustments mean to the average homeowner? ...
Posted by Derek Sherbinin
on January 20, 2011
A new study released by CAAMP concludes that very few Canadians face unaffordable increases in mortgage costs and Canadian lending criteria are already tight.
The report entitled, “Revisiting the Canadian Mortgage Market – The Risk is Minimal” states that “lenders and borrowers have been highly prudent in the mortgage market … and a vast majority of ...
Posted by Derek Sherbinin
on January 20, 2011