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  • CMHC is not like Fannie Mae and Freddie Mac

20th July 2008

CMHC is not like Fannie Mae and Freddie Mac

Interesting article in today’s National Post on how the CMHC is not like Fannie Mae and Freedie Mac.  In a nutshell it shows the more conservative side of CMHC while balancing fears by some that the mortgage insurance business is no business of the government (ie your taxpayer dollars) and would be better handled by […]

posted in Finance | 1 Comment

11th July 2008

0 Down 40 Year Amorts Dead. Good Riddance.

So the 40 year 0 down mortgage is dead.  So long.  Bye Bye.  We hardly knew ye.  Whatever.  Really.  What is the concern over this financing product disappearing that it has to appear on the front page of the Vancouver Sun?  It’s a little used product (in my experience) that would have enabled the least […]

posted in Finance | 3 Comments

22nd April 2008

Bank of Canada Cuts Rate

As expected by many the Bank of Canada has cut its rate by 0.5% to 3%.  What does this mean for housing?
Well, if you are currently on a variable rate, congratulations!   Your monthly payment will be lower if your bank follows suit (expected sometime soon as they generally do follow the BOC’s lead relatively […]

posted in Finance | 0 Comments

24th March 2008

Do not take TD Canada Trust’s 7% Cash Back Offer!

TD CanadaTrust has been advertising pretty heavily on the radio (I’m in my car a lot) about their “great” new product - the 7% cash back mortgage. They make it sound so tempting. The pitch: Get a mortgage with TDCT and get 7% cash back up to $50,000 which you could […]

posted in Finance, mortgage rates | 0 Comments

4th March 2008

Bank of Canada Cuts Rate by 0.5

Well this is bigger than I thought they would go.  Then again we are a big country with some pretty big needs in the East (the manufacturing centre of Canada).  The BOC has cut rates by half a point.  A further cut is possible in April and another in June, though, with this big an […]

posted in Finance | 0 Comments

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  • Will Wertheim
    TRG The Residential Group Realty
    101-1965 West 4th Ave.
    Will WertheimVancouver, BC
    V6J 1M8
    (o) 604-629-6100
    (f) 604-629-6110
    (c) 604-787-6977
    Email Me
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  • Books I am Reading or have Read

  • The Millionaire Real Estate Investor
    Ultimate Sales Machine
    Manias, Panics, and Crashes: A History of Financial Crises
    The Millionaire Real Estate Agent