Moms Knows Everything
October 29, 2010 by Dave, Cindy and Amanda Walker · Leave a Comment
At age 4, we think: Mom knows everything! at 8: Mom knows a lot! at 12: Mom doesn’t really know everything. at 14: mom doesn’t know anything. at16: Mom doesn’t exist. at 18: she’s old fashioned. at 25: maybe Mom does know about this! at 35: before we decide let’s ask Mom. at 45 I [...]
Good Realtor Can Make A Difference
October 29, 2010 by Dave, Cindy and Amanda Walker · Leave a Comment
Good real estate agent can make the difference Look for someone with solid knowledge, reputation By DONNA NEBENZAHL, Freelance October 27, 2010 Buying or selling a home, one thing is for sure -you’ll be spending a lot of time with your agent. That’s one good reason, says Sotheby’s agent Karen Karpman, to ensure [...]
Bank Versus Budget: What Can You Afford
October 26, 2010 by Dave, Cindy and Amanda Walker · Leave a Comment
Bank vs. budget: How much house can you afford? Tim Parker Investopedia We hear it all the time. The housing market is still in a slump and there are dozens of houses just a short drive from where you live that really need an owner and you may be that person. It’s fate, right? Not [...]
Real Estate Commission
October 25, 2010 by Dave, Cindy and Amanda Walker · Leave a Comment
Real estate association members ratify deal giving consumers wider choice The Canadian Press ST. JOHN’S, N.L. — Delegates from Canada’s 101 local real estate boards Sunday ratified a deal worked out by the federal Competition Bureau and the real-estate industry. It would allow consumers to choose what services they want from their agent when selling [...]
Real Estate Commission Structures
October 22, 2010 by Dave, Cindy and Amanda Walker · Leave a Comment
Your options in the brave new real estate world Garry Marr, Financial Post · Saturday, Oct. 16, 2010 How would you sell your house today if it was on the market? Would you use a real estate agent or go it alone? It’s no small issue given the typical commission paid by the seller in [...]
Third Quarter Growth Worst Since Recession
October 21, 2010 by Dave, Cindy and Amanda Walker · Leave a Comment
Bank of Canada says third-quarter growth was worst since recession By Julian Beltrame OTTAWA – The Canadian economy likely suffered the worst quarter since the recession over the summer months, but Bank of Canada governor Mark Carney warns against taking too gloomy a view. “I wouldn’t obsess about the third quarter,” Carney told reporters Wednesday [...]
BoC Keep Key Rate Unchanged
October 19, 2010 by Dave, Cindy and Amanda Walker · Leave a Comment
*BoC Keeps Key Rate Unchanged The market widely predicted the Bank of Canada would not raise rates, and it was right. The BoC has left its key lending rate at 1.00%. In turn, prime rate will remain at 3.00%, making today’s BoC meeting a non-event for mortgage holders in the short-term. The BoC’s call comes [...]
There has been a bottoming out
October 18, 2010 by Dave, Cindy and Amanda Walker · Leave a Comment
There has been a bottoming out Garry Marr, Financial Post · Rock-bottom long-term mortgage rates appear to have handed the housing sector the lifeline it desperately needs, helping to push up sales for a second consecutive month and keep prices from falling. The Canadian Real Estate Association said Friday sales last month rose 3% from [...]
Mortgage Brokers Doomed or Evolving
October 14, 2010 by Dave, Cindy and Amanda Walker · Leave a Comment
Are Mortgage Brokers Doomed or Are Origination Models Evolving? by C.M. “Corky” Watts, CMB Mortgage News Daily “In the long history of humankind (and animal kind, too) those who learned to collaborate and improvise most effectively have prevailed” -Charles Darwin Last week I debated one of my Management Advisory Program (MAP) clients who operates a [...]
Collateral Versus Convential Mortgage
October 8, 2010 by Dave, Cindy and Amanda Walker · Leave a Comment
October 07, 2010 TD Mortgages To Become Collateral Charges TD is making a big change with respect to how it registers its mortgages. Effective October 18, all new TD mortgages will be registered as “collateral charges.” A collateral charge is a different way to secure a home loan than a standard mortgage. “The terms of [...]
