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Blue Pearl Mortgage Group Inc.
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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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Don't fear the rising rates; it's time to be a winner. https://hubs.ly/H0f9zN_0
Be a winner when interest rates increase
Be a winner when interest rates increase
mortgage.bluepearlmortgage.ca
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Forget home sales — this metric foreshadows where the Canadian housing market is headed http://ow.ly/P3ht30mfY6Y
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Higher education - funding the costs to reap the rewards
https://hubs.ly/H0f6kDL0
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National housing starts fell for the third consecutive month in October, in what some industry experts are calling a further sign that the Canadian housing market has adjusted to policy changes introduced earlier this year.
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As we slow housing with gradual rate hikes and tighter mortgage rules, and adjust to softer workforce increases, economic growth in Canada will ease to less than 2 per cent next year,” writes CIBC economist Avery Shenfeld, in a recent note.
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Happy Thanksgiving!
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The Canadian housing market has experienced several months of continued sales growth, in what many experts are calling the end to a policy-induced chill that followed the introduction of a new mortgage stress test earlier this year.
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It’s long been an accepted fact that self-employed Canadians have difficulty qualifying for mortgages. But that could be able to change, now that new lending rules are in place.
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While the sales bump is a welcome change from the slumping activity that characterized the first quarter of the year, it’s still nowhere near the record breaking numbers seen in the spring of 2017. But according to one economist, the market could return to its former heights.
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