REALTORS® serving Calgary and area

 

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Calgary's trusted source of real estate news, advice and statistics since 1983.

 

Stories Tagged - lending

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April 28, 2021 | Natalie Noble

Year one of COVID-19 pandemic brought sweeping changes to Calgary real estate and the way business is done

Whatever "new normal" is coming, the COVID-19 pandemic has reshaped many aspects of the real estate industry in Calgary and across Canada. From changes to the way homes are built, bought and sold, to shifts in buyer priorities and the economic forces at play, it's been a wild ride for REALTORS®, builders, homebuyers and everyone in between.

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March 16, 2021 | Josh Skapin

Detached-home sellers are in the driver's seat, as low mortgage rates fuel demand across Calgary

Enticing discount mortgage rates have helped put Calgary's detached home market in rare form.

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April 07, 2020 | Tyler Difley

COVID-19 and the Calgary housing market: forecasting potential short- and long-term impacts

As governments and individuals around the world work to combat the spread of the COVID-19 virus, it has become clear the epidemic will have far-reaching impacts for Calgary's residents, businesses and economy.

The ultimate impact of new Canada-wide mortgage rules on the Calgary housing market is hard to predict. But experts say the new rules, combined with rising interest rates, might make it harder for many people to break into the market.
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Jan. 30, 2018 | Gerald Vander Pyl

Up in the air

Impact of new mortgage rules on Calgary housing market remains uncertain entering 2018

A new Canada-wide stress test for people applying for uninsured mortgages is leading to uncertainty among experts about the possible effects on the Calgary real estate market in 2018.

The federal government's new B-20 guidelines, introduced on Jan. 1, set out a new minimum qualifying rate or "stress test" for mortgages. Borrowers must qualify using the five-year benchmark rate published by the Bank of Canada, or the contractual mortgage rate plus two per cent – whichever is greater.

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April 24, 2014 | CREBNow

Bank of Canada maintains overnight lending rate


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Calgary, Alberta
T2E 8K4, Canada

 

CREB® acknowledges that its office is located, and that its REALTOR® members serve, on the traditional territories of the peoples of the Treaty 7 region and Métis Nation of Alberta, Region 3. We honour and acknowledge the members of the Métis community and specifically, the Métis Nation Region 3. In the spirit of reconciliation and because we are all treaty people, we also acknowledge all Calgarians who make our homes in the traditional Treaty 7 territory of Southern Alberta.


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