Author Archives: youroakvillehomecom

New Mortgage Rules

As expected we heard yesterday (June 2012) from the Department of Finance on some  further clamping down on the Canadian mortgage market. I have attached an article below with the details but here are the hi  lites. -For mortgages when … Continue reading

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Buyers Guide to Purchasing a Home

The attached document provides a description of the home buying process and answers many of the more frequently asked questions. Home Buyers Guide      

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Mortgage for New Arrivals

Many new arrivals to Canada prefer to rent for the first year or so to be sure that they have selected the right neighbourhood for their family. But there are some, who just know right from the start that they … Continue reading

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Fixed Rate or Variable Rate……has the choice become easier?

The age old question facing consumers, do I take a fixed rate or variable rate……and a similar dilemma facing mortgage brokers as their clients ask them for advice on which option to take. We all know it depends on the … Continue reading

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Rentals

Many people new to an area choose to rent first while they decide whether the location is right for them or while they save up for the downpayment on their house. Finding a suitable rental can be nearly as trying … Continue reading

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Current Mortgage Rates

People often ask me about current mortage rates and there is never a definite answer. Different lenders offer varying deals and your eligibility for the best ones of these is dependent on your credit health and how much of the … Continue reading

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New Mortgage Rules

The Canadian government announced new Mortgage rules today (January 17th 2011). The new rules are intended to prevent the Canadian housing market from suffering the same problems that has led to the recent financial crises in many other countries. The … Continue reading

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New Immigrants – FAQ

Are you new to Canada?  Thinking about making the move? Or in the process but feeling completely overwhelmed?  I know how you are feeling, we were where you are now back in 2004.  Most new immigrants have three main concerns, housing, … Continue reading

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Buyer’s Protection Plan

How do I sell my home in this uncertain market?              When markets shift into a situation that favours buyers, where many listings are competing for fewer and fewer buyers, sellers become anxious about receiving a fair price for their home. … Continue reading

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HST and Real Estate

Over the past 12 months there has been much discussion on the effects of HST on the real estate market and it certainly seems as though anxiety over its impact heavily affected the market in the early months of 2010 … Continue reading

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