THE NEW REAL ESTATE SERVICES ACT (RESA) Effective January 1, 2022.

01.09.2022posted by: Walter Mota
Happy New Year friends and cherished clients! 2022 is going to be a fantastic year! The Manitoba Securities Commission (regulatory body for Realtors and Real Estate Brokerages) has mandated that all Realtors in Manitoba are required to complete a signed Service Agreement with their clients before they continue or begin to provide help or services…
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Bank of Canada maintains policy rate and forward guidance

12.09.2021posted by: Walter Mota
FOR IMMEDIATE RELEASE Media Relations Ottawa, Ontario December 8, 2021 The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank’s extraordinary forward guidance on the path for the overnight…
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eLearning- The New Reality

09.21.2021posted by: Walter Mota
Over the past year and a half, we have been introduced to eLearning at a whole new level. Remote learning allowed children to continue their education, turning homes into temporary learning environments. As the new school year unfolds, the lessons learned last year may continue to pay off as resources are now available to allow…
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Home prices to rise in 2021, Canadian Real Estate Association forecasts

01.13.2021posted by: Walter Mota
The Canadian Real Estate Association expects the national average home price will rise 9.1 per cent to $620,400 in 2021, in one of the most optimistic forecasts yet for the real estate sector. The real estate association says it expects home prices to either hold steady or climb in all regions across the country, citing…
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CMHC’s new underwriting criteria

11.15.2020posted by: Walter Mota
What changed and what it means for home buyers The Canadian Mortgage and Housing Corporation (CMHC) has implemented new underwriting criteria (eligibility requirements) to apply for homeowner transactional and portfolio mortgageinsurance. Introduced this past summer, these new adjustments from CMHC come as a precaution while the Covid-19 pandemic continues to impact consumers in the real…
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