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Blog by Patricia Houlihan - Personal Real Estate Corporation

Upcoming Changes to Canadian Mortgage Rules

January 18th, 2011

The anticipated changes to the mortgage rules, making it harder for some to buy but also hopefully reducing the chances of problems with purchasers not being able to afford their homes, have now been announced.  One of the key changes affecting the amount some will be able to buy is the reduction of the maximum allowable amortization period from 35 to 30 years. 

The details of the changes a ...

2010 Year in Review

January 13th, 2011

REBGV Stats December 2010

Happy New Year! Looks like we are starting the year with a bang!

I hope you had a nice holiday season. It looks like the year is starting off great-the weather has been excellent until lately and the real estate market picked up at the end of last year and that activity seems to be continuing into the new year. Last year the market definitely slowed down for several ...