Heddle Real Estate - Royal LePage State Realty Brokerage

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...

By Shawna Connelly
Posted Monday, Jun 10, 2019 12:08 pm

Downtown Hamilton vacancy rates 'healthy' jobs increasing: city report

Hamilton's downtown office vacancy rate declined one per cent last year, while storefront vacancy stayed relatively stable, according to a new city survey. Meanwhile, the city found a 1.2 per cent...