RRSP can house a mortgage
2012-02-12You've made your 2011 RRSP contribution a full two weeks ahead of the Feb. 29 deadline. Congratulations! But what did you invest in? GICs? Stocks? Bonds?
While most Canadians sock their funds away in those traditional asset classes, there are...
Housing market bubble denied by BMO
2012-01-30The Bank of Montreal poured cold water on the idea Canada's housing market could be headed for a crash, suggesting that prices are only "moderately high across the country."
"Expect the housing boom to cool rather than crash," BMO's chief...
BMO Drops Five-Year Rates to Lowest Ever
2012-01-15History is being made with interest rates on Thursday.
The Bank of Montreal has dropped its' five-year fixed mortgage to 2.99 %, which represents the lowest seen in Canadian banking history. This was done on the heels of BMO receiving the...
Prices Will Continue to Climb in 2012
2012-01-14Building on the average price increase that was seen in Q4 2011 (in the range of 3.6 and 6.1 %), they predict a further increase of 2.8% through 2012. Furthermore, despite a softening of the economy, they expect that any market correction will...
When Is The Best Time of Year to Sell a House?
2011-12-21Is there such a thing as a best time of year to sell a house? Certainly, seasonal factors come into play when trying to sell a home, but there are other things to consider as well, like the tug and pull of supply and demand, as well as unique local...
Toronto plans to ditch land transfer tax
2011-12-19The squeaky Toronto homebuyer may just have received some much requested oil, with the city's mayor confirming he will indeed move on plans to first lower and then abolish the land transfer tax.
I campaigned we'd get rid of it by the end of my...
