Blog

The real estate market is still active in Winnipeg and seller confidence is growing as new listings continue to contribute to lower inventory numbers that are typical of the spring market.Phase 2 implementation of the Manitoba economy starts June 1st and is an encouraging sign overall. I remain readily available to all of you…my current…

Remember the Bank of Canada’s anxiety over worrisome consumer debt loads and housing imbalances? So much for that. The bank slashed Canada’s No. 1 interest rate today by 50 basis points, and it’s probably not the last cut. For Canada’s housing market, it sure as sheep didn’t need this stimulus. Not only are there bidding…

Changes that take effect on April 6 aimed at adjusting the benchmark rate. The federal government and a federal banking regulator are planning to tweak mortgage stress tests in time for the busy spring home-buying season, a move that could make it easier for would-be owners to get a loan and add fuel to Canada’s…

MENU CBC NEWS Business Mortgages that pay you and savings accounts that don’t — the new rules of low rates The Associated Press Posted: February 14, 2020  Imagine a mortgage that pays you the interest, not the other way around. Or a savings account where it’s the bank, not the saver, who collects interest. Welcome to…