http://www.centummortgageexpress.com Thu, 12 Nov 2009 19:17:16 +0000 http://backend.userland.com/rss092 en The Globe and Mail Paul Brent Published on Wednesday, Nov. 11, 2009 2:27PM EST Last updated on Thursday, Nov. 12, 2009 11:28AM EST When it comes to insurance, there are three almost universal truths: Canadians hate thinking about it, begrudge paying for it and the majority of us don't have anywhere near enough of ... http://www.centummortgageexpress.com/2009/11/insurance-we-avoid-it-hate-paying-for-it-but-need-it/ Homeowners hoping to avail of Ottawa's $1,350 home renovation tax credit are being warned that deadline day is approaching on the program. Under the terms of the initiative set to be halted on 1 February 2010, homeowners can spend up to $10,000 on qualifying items or work to earn the maximum ... http://www.centummortgageexpress.com/2009/11/ottawa-renovation-tax-credit-window-set-to-close/ The Canadian housing market could finally be recovering, according to recent data from the Canada Mortgage and Housing Corporation (CMHC). Housing starts in October were up to 157,300 units from 149,300 in September, according to the data, indicating that things could be headed towards a buyer's market. "The improvement in housing starts ... http://www.centummortgageexpress.com/2009/11/a-recovery-in-the-making-cmhc/ While variable-rate mortgages continue to beat out fixed-rates when it comes to cost savings, the gap between the two is likely to become closer due to the economic environment, a new bank report says. "Fixed rates were advantageous during only two recent periods - through the late 1970s and briefly in ... http://www.centummortgageexpress.com/2009/11/fixed-or-variable-decision-much-closer-to-call-bank-report-says/ 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 agency said yesterday. Housing starts will reach 141,900 this year and increase to 150,300 for 2010, said Canada   Mortgage and Housing Corp. "Improving activity on ... http://www.centummortgageexpress.com/2009/09/cmhc-expects-housing-market-to-rebound-strongly-this-year-and-next/ Paul Vieira, Financial Post  Published: Tuesday, September 08, 2009 OTTAWA -- Analysts appear to be unanimous in believing the Bank of Canada will hold its record-low policy rate steady at its meeting Thursday, and maintain its commitment to keep the rate at 0.25% until June 2010. The only item to look ... http://www.centummortgageexpress.com/2009/09/bank-of-canada-expected-to-keep-rates-at-record-low/ ROB CARRICK - Globe & Mail September 15, 2009 It was a little less than a year ago that the global financial crisis began to hit home, which is to say that mortgage rates spiked higher. Now, the cost of mortgages is coming down. If you're buying a home or renewing a mortgage, ... http://www.centummortgageexpress.com/2009/09/with-mortgage-rates-dropping-its-strategy-time/ With interest rates cut to a record low Tuesday and inflation nowhere in sight, Bank of Canada looks to boosting money supply KEVIN CARMICHAEL From Wednesday's Globe and Mail March 4, 2009 at 3:25 AM EST OTTAWA - Bank of Canada Governor Mark Carney is rearming to fight a recession that is proving tougher ... http://www.centummortgageexpress.com/2009/03/central-bank-changes-tack-on-credit-crisis/ Credit conditions easing, banks no longer struggling to raise funds to make loans From Tuesday's Globe and Mail March 17, 2009 at 2:00 AM EDT Canadian banks are turning down some of the funding that the government is making available to them, a sign that they are recuperating from the financial crisis. The banks ... http://www.centummortgageexpress.com/2009/03/banks-begin-to-decline-federal-aid-in-first-sign-of-recovery/ Buying a home should be a rewarding and enjoyable process, but only if you're prepared and know how to avoid the most common home financing mistakes. Get pre-approved Pre-approvals are one of the easiest ways for home buyers to start off on the right foot. A pre-approval takes very little time and ... http://www.centummortgageexpress.com/2008/10/how-to-avoid-the-most-common-mortgage-obstacles/