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Red Deer Mortgage Lending
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According to one economist, the effect of the current rising-rates environment is already making itself felt, at least when it comes to the Canadian housing market.
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According to a new report from real estate website, 59% of first-time home buyers want to own a home in the next two years.
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Before and after photos of home staging from five projects and explains how they won over prospective homebuyers with style and functionality.
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The report notes that affordability levels remain below their historical average, meaning that buying a home was more difficult in Q3 2018 than it was on average over the last 20 years.
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Canada Mortgage and Housing Corp. says the country's real estate market is expected to moderate over the next two years as the increase in housing prices is expected to slow to more in line with economic fundamentals.
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While qualifying for a mortgage may be more difficult, we need to remember that these higher rates will slow down price growth.
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As fall draws to a close and the new year approaches, plenty of industry experts are making predictions about what 2019 will have in store for the Canadian housing market.
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Bank of Canada Rates Announcement.
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Many Canadian homeowners are worried about rising interest rates and how they will impact their budget, a new CBC Research survey finds.
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According to one economist, the rising interest rate environment will keep the market in check for the foreseeable future
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