Heddle Real Estate - Royal LePage State Realty Brokerage

By Caitlin Wallace
Posted Tuesday, Aug 06, 2019 1:00 pm

Hamilton-Burlington home sales down from June, up from last year...

July's real estate sales in the Hamilton and Burlington areas were up more than 10 per cent over this time last year, but down almost three per cent from June and almost 13 per cent from May, acco...

By Sue Aitken
Posted Monday, Jul 29, 2019 1:01 pm

With fixed rates below variable ones, mortgage market is in the Upside Down...

Call it the 'Stranger Things' of the housing market: Canadians can now get a lower interest rate on a new mortgage by locking into a fixed rate, rather than opting for a variable rate. ...

By Mike Heddle
Posted Monday, Jul 22, 2019 3:06 pm

Bank of Canada lowers qualifying rate used in mortgage stress tests...

The Bank of Canada has lowered the rate used by mortgage stress tests to determine whether would-be homeowners can qualify, marking the first drop in three years. The central bank’s five-year...

By
Posted Monday, Jun 24, 2019 12:17 pm

Is the First-Time Home Buyer Incentive a good deal for homebuyers?

The details of Ottawa's new First-Time Home Buyer Incentive (FTHBI) are finally out, and the question for any Canadian struggling to afford their first home is: is it a good deal. Under the pro...

By Nyle Brown
Posted Monday, Jun 17, 2019 2:09 pm

Canadian home sales returned to historical average last month...

There was a further increase in home sales nationwide in May, finally returning sales to 10-year average levels for the month. The Canadian Real Estate Association reported a 1.9% month-o...