Category Archives: Uncategorized

$10k home-buyer bonus sure to spur first-timers: mortgage expert

The new $10,000 bonus for first-time buyers of new homes will likely help a lot of potential buyers make the leap into the real estate market, a mortgage expert says. Ryan McKinley, mortgage development manager at Vancity, said he’s had …

Vancouver real estate at risk if Canadian lending not constrained: TD

OTTAWA – Canadian housing is 10 to 15 percent over-valued, Canada’s second largest bank warned on Friday, as it called for more action to constrain lending growth. Toronto-Dominion Bank chief economist Craig Alexander said in an analysis that if the …