16 March 2011

The future monthly payments hike may explain small buying activity increase in Vancouver markets, though it didn’t affect the overall Canadian market situation. In February home sales were down in Toronto and Edmonton as compared to a year earlier.
Despite the fact that all big banks will only have 30 years amortization – we will continue to offer 35 and even 40 years after March 18 for some uninsured mortgages for well qualified clients.