Calls grow for changes to mortgage stress test in Canada
Posted on Dec 23, 2022
Article created and published by Martin Macmahon & Hana Mae Nassar ,Vancouver City News.
There’s a push from the real estate industry to adjust the mortgage stress test formula, given how much has changed since its introduction.
The tool forces homebuyers to prove they can still make monthly mortgage payments, even if interest rates rise.
However, wit...
Painting Tips for Getting the Job Done Faster
Posted on Dec 20, 2022
Unless painting a room is a passion, you probably want to finish the task as soon as possible — while still doing a quality job. Here are some tips for doing just that:
• One-coat paints. Having to do a second coat is time-consuming. Fortunately, there are several “one coat” paints that can get the job done, well, in one coat! They don’t work for ev...
How Buyers Often Find Out about your Listing
Posted on Dec 06, 2022
There are many ways buyers can find out about your home for sale. Some will see the lawn sign. Others will notice the listing on MLS. Still others might find out via an advertisement or social media post.
But, there is one other way buyers will discover your listing — and it can be pivotal to the success of your sale.
The agent can make sure they kn...
Canada’s housing market will return to ‘balance’ in 2023, Re/Max forecasts
Posted on Dec 02, 2022
Article created and published by Craig Lord, Global News CA.
After the “frenzy” of 2021 and a “big peak and valley” in 2022, the president of Re/Max Canada tells Global News that next year could see “balance” return to the national housing market.
But Christopher Alexander says how high the Bank of Canada drives interest rates, and when it pauses or...