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Recent Alberta Real Estate NewsCMHC Hiking Insurance Premiums
Thu, 01 Jan 1970 00:00:00
Homebuyers with less than 20% down are going to pay more. CMHC is hiking mortgage insurance rates for the third time in three years. Premiums are jumping up to 0.65 percentage points on the highest LTV mortgages, effective March 17, 2017. Here’s the new premium table: But high-ratio hikes aren’t the only story. Premiums on mortgages between 65.01 and 80% LTV are soaring too. At 80% LTV, the premium is almost doubling to 2.40%. That will push up interest rates among lenders who currently pay this premium for their customers in order to securitize the mortgage. CMHC had a conference call READ MORE
No New Rules Coming. Well, Maybe One
Thu, 01 Jan 1970 00:00:00
Finance Minister Bill Morneau is suggesting that no new mortgage rules are on the drawing board. After meeting with economists on Friday, he told reporters: “We, as you know, were quite careful in considering the…situation around the housing markets across the country as we considered measures to ensure that, you know, the people’s biggest investment was protected. We put in place some measures that we thought would better protect people by ensuring that the mortgages that they took on were appropriate for their situation.” “We will remain focused on this area to ensure that those measures are having the desired READ MORE
Weekly Real Estate Market Update, Jan. 20/16
Fri, 20 Jan 2017 19:25:30
Here is our update on the Edmonton real estate market. (Previous week’s numbers are in brackets). For the past 7 days: New Listings: 449 (390, 256, 74) # Sales: 134 (124, 97, 95) Ratio: 30% (32%, 38%, 128%) # Price Changes: 204 (205, 142, 63) # Expired/Off Market Listings: 208 (179, 581, 131) Net loss/gain […]
Buying a Home With Help From Your Parents
Wed, 18 Jan 2017 16:16:32
Over the years I’ve been involved in hundreds of sales where parents were helping their kids buy a property, and I’ve seen that “help” come in many different forms. There are some good ways for parents to help their kids by a home, and some things that should definitely be avoided. So, here are my tips for the best ways […]
Alberta Homes for Sale & Real Estate Listings
Alberta is one of the fastest growing real estate markets in Canada. With so many homes for sale why not let Real Estate Locators help you find the most recent Alberta real estate listings. When you complete the free real estate search form you will be directed to a local map with Alberta homes for sale and real estate listings. Let Real Estate Locators make your next Alberta real estate search an easy one!
The Alberta real estate listings that we will direct you to will include local Alberta homes for sale, Alberta condos, Alberta commercial properties as well as Alberta residential properties. The goal of Real Estate Locators is to help you find the most accurate and up to date Alberta homes for sale. We make it easy for you to search for Canada real estate. The most popular Alberta cities to search for include Calgary real estate listings, Edmonton real estate listings and Canmore real estate listings. We will also have a local Alberta real estate agent follow up with you to make sure that you have the most accurate Alberta real estate listings information. To learn more on how to select an Alberta real estate agent please visit Real Estate Council of Alberta. Let Real Estate Locators direct you to the most accurate and up to date Alberta homes for sale and Alberta real estate listings.
When searching for Alberta real estate listings let Real Estate Locators help you find the best homes and condos. To get started simply select an Alberta city on the right, fill out the form and start viewing local real estate listings. We want to make your real estate home search a good one!