Real Estate Today
New rules would hit condo buyers (Financial Post)
Canadian housing data (Globe and Mail)
Clouds darken over new home construction (Globe and Mail)
New home prices top pre-recession peak (Financial Post)
Canadian homebuilding activity falls in December – pdf (TD Economics)
Toronto housing starts up for 2010 (Toronto Star)
Building permits down in Toronto market (Toronto Star)
Toronto’s priciest home is going for $27M (Toronto Star)
C.D. Howe wants a rate hike. Seriously? (Globe and Mail)
Major cities enjoy economic rebound (Globe and Mail)
Few foreclosures, no bank failures: Canada offers lessons (Hamilton Spectator)
U.S. home price drops exceed Great Depression: Zillow (Financial Post)
A Record Year for Reverse Mortgages (Canadian Mortgage Trends)
Garth Turner, the Housing Crash, “Liar Loans” & More (Canadian Mortgage Trends)
From all economic indicators, it appears that higher interest rates are on the way in 2012.
What would your monthly payments be at current home prices in your neighborhood? Compare your options using CENTUM Mortgage Calculators.
Vijay Gandhi is an independent mortgage planner- industry insider & CENTUM Agent. If you are purchasing, refinancing or renewing your mortgage, contact Vijay or apply for a Mortgage Check-up to obtain the best available rates and terms.
Have you considered a 50/50 Mortgage?
As always, if you have questions about the 50/50 mortgage product and whether it’s right for you, or other mortgage-related questions, I’m here to help!
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