Blog by DOINA BIOLAN B.Comm

MORTGAGE RATES STABILITY

July 22nd, 2013
  Canada Mortgage Rates Might See Period of Stability as Home Sales Strengthen   U.S. Fed Chairman Ben Bernanke reminded markets last week in his “tapering is not tightening” remarks that the U.S. economy needs ongoing highly stimulative policy and that rate hikes will not automatically begin when the jobless rate hits 6.5 percent. The U.S. 10-year bond yield has come down from the ...
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Posted in Real estate

Buying a house:why the numbers 4,13 and 8 matter

July 17th, 2013
  Buying a house: Why the numbers 4, 13 and 8 matter Numbers mean different things in some cultures. The wrong one can lower a home’s value by up to $35,000. By: Mark Weisleder Real Estate, Special to the Star, Published on Sun Jul 14 2013 http://www.thestar.com/business/personal_finance/2013/07/14/real_estate_and_numbers_why_four_13_and_eight_matter.html What is it about the num ...
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Posted in Real estate

TESTIMONIAL FROM EVA AND MARIUS ZEKANY

July 16th, 2013
Doina we wanted to thank you for your professionalism , thank you for a job well done in helping us buy our first home in Calgary! Your excellent service, frequent communication, professionalism, dependability and negotiation skills made the process so much easier for us. We knew instantly that we had selected the right Realtor! We were so pleased that every phone call to answer our ...
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Posted in Real estate

Home prices

July 15th, 2013
Home prices suffer smallest annual increase since 2009: Teranet Bloomberg News | 13/07/12 | Last Updated: 13/07/12 10:52 AM ET Canadian home resale prices advanced at the slowest pace in almost four years last month led by a decline in Vancouver, according to the Teranet-National Bank Composite House Price Index. Prices across 11 cities rose 1.8% in June from a year ago, National B ...
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Posted in Real estate

Debt ratio standards

July 6th, 2013
  Stricter Debt Ratio Standards on the Way http://www.canadianmortgagetrends.com/canadian_mortgage_trends/2013/07/debt-ratio-calculations-to-get-stricter-on-insured-mortgages.html If you’re a typical borrower, your debt ratios will largely determine if you’re approved for a mortgage. For applicants who push the limits of qualification, those approvals have been tougher to come b ...
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Posted in Mortgages

RISING INTEREST RATES DILEMMA

July 5th, 2013
Rising rates creating increasing dilemma for homeowners Garry Marr | 13/07/02 | Last Updated: 13/07/02 5:34 PM ET http://business.financialpost.com/2013/07/02/rising-rates-creating-increasing-dilemma-for-homeowners/?__lsa=2e04-4f9e The interest rate dilemma has arrived again for homeowners. What once was a no-brainer decision, locking in your mortgage rate for five years or even ...
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Posted in Mortgages

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