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Loewen Group Mortgages Burlington
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https://www.livabl.com/2018/09/canadians-household-debt-levels-continue-slow-least-comes-mortgages.html

Growth in residential real estate has proceeded at a slower pace over the last five quarters, due to more moderate housing resale prices
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https://www.livabl.com/2018/09/canadian-august-home-price-gains-sign-things-come-rbc.html


Those hoping that the Ontario government’s Fair Housing Plan and new mortgage rules would put a damper on housing activity are going to be disappointed...
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https://www.huffingtonpost.ca/2018/08/23/housing-markets-canada-strongest-weakest_a_23508106/?utm_hp_ref=ca-real-estate

Montreal and Ottawa have rocketed to near the top of the list, thanks to rapidly rising home sales. Interestingly, a few cities near Toronto placed well on this list, suggesting that Toronto's high house prices have prompted buyers to shift their attention to nearby communities.
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https://vancouversun.com/business/local-business/some-realtors-believe-major-price-correction-underway-in-metro-housing-market?video_autoplay=true

The downward trend would come off some intense price gains in the last few years. In January 2015, the median sale price for downtown condos was for $493,000, according to SnapStats. In January 2018, it was $950,000 for an increase of 93 per cent
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https://www.canadianrealestatemagazine.ca/news/economic-pressures-dampening-demand-for-calgary-housing-246402.aspx

Rising costs, combined with a slow recovery, are weighing on the demand for resale homes in the city. At the same time, supply remains high and is resulting in an oversupplied market.
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http://www.cbc.ca/news/business/canada-housing-rates-1.4744459

If you were hoping that a trade war would bring down your borrowing costs, there are increasing signs it's not going to happen. As the Canadian Real Estate Association rolls out its latest data on resale homes today, buyers and sellers should make their plans with rising interest rates in mind.
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https://www.bnnbloomberg.ca/top-economist-baffled-by-poloz-urges-bank-of-canada-to-hold-rates-1.1102849

With 2 days to go before the Bank of Canada's next policy meeting, the odds are stacked in favour of rates going up in this country. But some skeptics argue the central bank should hold fire...
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So when can Canadians expect the market to finally adjust to the new policy? This week, economists wrote that the volatile market won’t be adjusting this summer, but that there are some benefits to be had from the current situation

http://news.buzzbuzzhome.com/2018/06/long-road-recovery-canadian-housing-market-heres-experts-saying.html
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You're busy, and getting a mortgage, while an important endeavour, shouldnt keep you from normal day-to-day life!

Here are a few communication options a lot of my returning clients really enjoy, that I'm making more widely available.Please select from the options based on which is best suited for you - its fast and easy!If you don't know which one to select, choose a 15 minute for us to start the conversation!Thank you from all of us at Loewen Group :)

https://meetme.so/loewengroupconnect
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https://www.canadianmortgagetrends.com/2018/06/the-latest-in-mortgage-news-the-stress-test-and-canadas-weakening-market/


Movements in the stress test interest rate are beyond the control of policy-makers. Further increases in the rate could weigh on home sales activity at a time when Canadian economic growth is facing headwinds from U.S. trade policy frictions..
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