CMHC Changes Mortgage Insurance Premiums

Posted by & filed under Calgary Real Estate News.

rnrnThe Canada Mortgage and Housing Corportation and Genworth, the entities responsible for insuring most Canadian mortgages, raised their mortgage premiums last week by an average of 15%. This change only affects new mortgages so if you already have a mortgage it will not affect you. And, if you’re putting a 20%, or more down payment… Read more »

New Services Offered by CREB

Posted by & filed under Calgary Real Estate News.

rnrnIt was announced on Tuesday that the Calgary Real Estate Board would now allow listings of rental properties on the MLS system. A landlord with a property to rent, can now approach a Realtor, to list their property on the MLS system and the property would then gain important exposure to potential renters, on Realtor.ca.rnrnBeyond… Read more »