Question of the Day – Why Do Home Buyers Need to Know This Information?

Mike King of Mike King Real Estate informs potential home buyers that the cost of borrowing will be going up in April.

Is this a bad time to take out a home equity loan?

From KETC’s Facing the Mortgage Crisis special on July 15, 2008: Is this a bad time to be taking out an equity line of credit? Yes, it is not a good idea to borrow against your house. There are various circumstances where you might want to get a small loan to do repairs, but with [...]

Hoping for the truth this time

Hoping for the truth this time
THE PROSPECT of another €24 billion of tax payers’ money being poured into the Irish banking system will arouse both anger and fear. The public has every right to be angry with those responsible for the crisis and at the failure of the previous government to address the problem effectively [...]

Home Prices Going Higher This Spring?

Home Prices Going Higher This Spring?
Home prices look up this spring, but the longer-term indicators are more murky.
Read more on Morningstar.com via Yahoo! Finance

BofA “Bad Bank” for Legacy Assets: Will This Eventually Be a First Use of Dodd Frank Resolution Powers?

BofA “Bad Bank” for Legacy Assets: Will This Eventually Be a First Use of Dodd Frank Resolution Powers?
In a move not noticed much three weeks ago, Bank of America announced that it was segregating its crappy mortgages into a “bad bank”. It got more attention today by virtue of being discussed long form in an [...]

Housing sales won’t beat ‘07 record this year: report

Housing sales won’t beat ‘07 record this year: report
Canadian real estate sales this year are expected to come in about 15 per cent below their peak in 2007 but will hover close to the 10-year average, according to a home sales report from Scotiabank.
Read more on CTV.ca

Divorce This House – Segment 4

The Surprising Truth about Refinancing Your Mortgage After Divorce. As explained by Daniel Askew, a mortgage counselor specializing in divorce, waiting until after your divorce to qualify for mortgage refinance on the marital home is a HUGE mistake.

Will This Be The Year The Mortgage Crisis Is Resolved?

Last year was quite a year for the mortgage industry as the subprime mortgage crisis casued banks to drastically change the programs that had become popular in past years. Now that the new year has arrived, lawmakers in Washington are getting together to see what can be done to try to put a dent in [...]

The Mortgage Show-preview of this weeks show “mortgage terms”

Angela Calla, AMP with Dominion Lending Centres and Host of The Mortgage Show on CKNW AM980 Saturdays at 7pm gives a sneak peak of what we will be discussing on this weeks mortgage show, we are talking mortgage penaltys, and best mortgage terms! call today to see how we can help you 604-802-3983

Mortgage Rates Mostly Fall This Week; 30-Year Fixed At 5.06%

Mortgage Rates Mostly Fall This Week; 30-Year Fixed At 5.06%
Mortgage rates mostly fell in the past week, with 30-year fixed-rate mortgages edging lower toward 5%, according to a survey by Freddie Mac (FRE).
Read more on Nasdaq

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