Alberta’s new housing boom: 3 things you should know

Alberta’s new housing boom: 3 things you should know

Earlier this month, Robert Kavcic (a senior economist with BMO Nesbitt Burns) released a report predicting that Alberta is set for another housing boom. Kavcic highlights that the Alberta economy will improve in 2014. Specifically, he predicts GDP growth will be 1.2...
What you need to know about CMHC’s changes to insurance rates

What you need to know about CMHC’s changes to insurance rates

Canada Mortgage and Housing Corporation (CMHC) recently announced an increase to their default insurance rates. If you purchase a home to live in, if you’re self-employed, or if you purchase a property with 1–4 units, and you put down less than a 20%, you must have...
5 things to know before financing the building of your new home

5 things to know before financing the building of your new home

Some home buyers prefer to purchase new. It allows them to custom build their home according to what they want, and it helps avoid the back and for the negotiating with other homeowners. If you’re interested in purchasing a brand new home, Mortgage Design Group can...
Post-tensioning: what it is and what you should keep an eye out for

Post-tensioning: what it is and what you should keep an eye out for

You’ve probably heard of rebar—the steel reinforcement bars commonly used in concrete construction—but have you heard of post-tensioning? It’s another way to strengthen concrete, but it uses steel strands or cables instead of bars. Because it allows developers to...

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