Effective January 1, 2018, home buyers in Canada will have another hurdle to jump in order to qualify for a mortgage.  Anyone who applies for a mortgage will need to qualify for a mortgage rate that is 2 percentage points higher than the posted Bank of Canada 5 year rate or the contract rate, whichever rate is greater.  This qualification process is already in place for Buyers who are putting ...

Three Questions to Ask Before Removing a Tree Many home owners are fortunate to have a property with mature trees and shrubs. Although it is always best to save a tree when you can, there may be times when you question tree removal as an option for aesthetic or safety purposes.Here are three questions to ask yourself before making a decision:1 Is it causing structural damage? Tree roots ca ...

Inventory increases and sales drop in September, but overall sales for the year remain higher than last year. Strong gains in the first-half of 2017 has put the Calgary year-to-date sales at seven per cent above last years' levels and 11 per cent below long-term averages, but challenges remain with easing sales and rising new listings. Inventories rose across all property types to 6,861 uni ...