There’s more to a credit report than a score.
 
You can have good income and a 700 credit score (which is about average) and still not qualify for a mortgage.  The reason is that lenders generally look for one key factor: repayment history.
 
Suppose, for example, that you have a 710 credit score but only one credit [...]

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New special on 5 year fixed rate with lender MCAP.  Rate is 3.84%.  Combine that with Buyingblock’s realtor service and could have a rate as low as 3.79%! 

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The real estate industry has a lingo all to themselves. The problem is that many don’t have a real estate dictionary to explain the terms. So, I thought it wise to once in a while define the most important terms. The first is amortization:
A mortgage payment is made up of two parts: one portion is [...]

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Lowest Variable Rate Mortgage currently at prime — 2.25%.  Quick close special at 3.89% for a five year fixed term.  Rate of 4% can be held for 120 days with ratehold.  Great time to be getting a mortgage. 
 
                                   ·           TSX +161.12(Reuters) .
                                   ·           DOW +51.01
                                   ·           Dollar +.73c to 93.54USD 
                                   ·            Oil +$1.84 to [...]

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LIVING in a SMALL SPACE by Bruce Whitaker
Considering prices for condos and houses you might not be able to afford that castle you were contemplating. So, here are a few helpful tips to make living in a small space possible.
Reducing ‘Stuff’. You’ve probably heard by now - ‘If you haven’t touched it in two years, [...]

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According to a research report released last week from Laurentian Bank, they are anticipating aggressive interest rate hikes in 2010.
In it they state:

We think most of the tightening will occur after the jobless rate has peaked (in the first half of 2010) and before total and core inflation get back to the 2% target (in [...]

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On the day of your closing, you will need to meet your lawyer to sign the documents (mortgage, etc.), provide the draft for down-payment and adjustments and get the key to your new home. Before signing the documents consider the following: 

Check over everything to ensure that your name and the property’s address are accurate and [...]

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Variable rate mortgage down as low as prime rate, currently 2.25%.   Five year fixed quick close specials now below 4% at 3.99%.  Market rebounding according to CMHC.  See article below. 
Financial Post  Published: Friday, September 04, 2009
Canada’s housing market will rebound strongly in the second half of this year and into 2010, the federal housing [...]

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By Bruce Whitaker
The closing costs are often an oversight by home buyers especially 1st time home buyers. Generally they are 3% of the purchase price of a home. We are talking around $12,000 on a $400,000 home. Lets take a look at each one and uncover if we can save money.
Lawyers Fees ($1,400).  You can [...]

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by Bruce Whitaker
Have you heard about the scam in Florida? A realtor, lawyer and inspector got together to exploit buyers into buying homes, actually dumps. The realtor would recommend an inspector who would make the deals happen even though the properties were questionable. The inspector would only get referred if he approved inspections. The agent [...]

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