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PRIYA SHARMA
Century 21 Signature Realty
#207, 2920 Calgary Trail NW, Edmonton, Alberta
P: 780-485-2100
F: 780-485-2180
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My Edmonton Real Estate Blog

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Thursday, April 22, 2010 - New Mortgage Lending Guidelines for Canadians

Today will see a change in policy when it comes to lending guidelines for Canadian mortgage borrowers. The government of Canada has decided that the new rules below were necessary in order to continue to grow the economy at a steady pace without creating a mortgage or credit crisis seen elsewhere in the world.  Changes to Qualifying Interest Rate Where a mortgage borrower is applying for a variable rate mortgage term or a fixed term less than 5 years in length, they must now qualify based on ... Full Article...

posted in News at Thu, 22 Apr 2010 10:18:15 -0600



Friday, April 9, 2010 - Edmonton buyers and sellers remain optimistic

Housing figures released by the REALTORS® Association of Edmonton for March and the first quarter of 2010 show that resale housing prices are up; listings and sales are up. ?There is consumer confidence in this market and both buyers and sellers appear eager to enter the housing market,? said Larry Westergard, president of the REALTORS® Association of Edmonton. ?Prices are up about 10% from a year ago and sellers are eager to take advantage. Buyers are aware of higher mortgage rates ahead and ... Full Article...

posted in News at Fri, 09 Apr 2010 11:37:04 -0600



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PRIYA SHARMA
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780-485-2100
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780-298-2100
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780-485-2180
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