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Owe!

Ottawa Rethinks Mortgage Rules KEVIN CARMICHAEL Globe and Mail Update July 9, 2008 at 6:07 PM EDT OTTAWA — The federal government, fearful of a U.S.-style housing bubble, has pledged steps aimed at keeping riskier borrowers in their rental units Read More...
Posted Wednesday, July 09, 2008 3:00 PM by Andrew & Janine Hudson | 0 Comments

Mortgage Rates Going Up?

Big banks move to boost their mortgage rates by as much as 85 basis points TORONTO — Bank of Montreal (TSX:BMO) is hiking its residential mortgage rates by up to 85 basis points, joining Royal Bank (TSX:RY), TD Canada Trust (TSX:TD) and CIBC (TSX:CM) Read More...
Posted Thursday, June 12, 2008 1:12 PM by Andrew & Janine Hudson | 0 Comments

US Economic Situation

End of Wall Street as we know it Financial firms have relied on a highly flawed business model for years. The time has come to fix it. (Fortune) -- Until the recent tempest, Wall Street firms looked like just about the world's best businesses. Year Read More...
Posted Monday, March 17, 2008 11:44 AM by Andrew & Janine Hudson | 0 Comments

NORTH AMERICAN & INTERNATIONAL ECONOMIC HIGHLIGHTS

N ORTH A MERICAN & I NTERNATIONAL E CONOMIC H IGHLIGHTS The subprime mortgage default swap market may be pricing in a darker picture than the one likely to emerge, but that will not help the valuations of American financial institutions in the coming Read More...
Posted Monday, February 25, 2008 4:05 PM by Andrew & Janine Hudson | 0 Comments

US Economy: Trickling Up?

Trouble ahead? Will the US economy impact our real estate market? The downturn in the US economy has some Metro Vancouver home owners and home buyers worried and asking, “Could it happen here?” The US situation Right now in the US, a combination Read More...
Posted Friday, February 08, 2008 8:59 AM by Andrew & Janine Hudson | 0 Comments

Planning Ahead - To Not Get Stuck: "House Rich - Mortgage Poor"

Thanks again to CTV's Olsen On Your Side" for this informative viseo clip. click on image. For more information on how NOT to become "House Rich - Mortgage Poor", contact HudsonHomeTeam .com 778-869-7653 Read More...
Posted Thursday, January 31, 2008 9:12 PM by Andrew & Janine Hudson | 0 Comments

Real Estate Tips to Secure the Deal

More good information from "Olsen On Your Side" Click on Photo. For more information on the Metro Vancouver Real Estate climate, or to consult on your specific needs, contact www.HudsonHomeTeam.com 778-869-7653 Read More...
Posted Thursday, January 31, 2008 1:35 PM by Andrew & Janine Hudson | 0 Comments

The U.S. subprime mortgage meltdown

The U.S. subprime mortgage meltdown Will it spread to Canada? Angela and Tim Sneary and a couple of their dogs stand in the driveway of their home in Thornton, Colo., on Feb. 21, 2007. Their financial problems have resulted in foreclosure on the house Read More...
Posted Thursday, January 31, 2008 11:47 AM by Andrew & Janine Hudson | 0 Comments

Olsen on U.S. real estate prices

Courtesy of CTV9.CA Olsen on U.S. real estate prices Investing in US Real Estate Cold winters have you wanting to head south? Some investors are downsizing here to take advantage of the US real estate meltdown in some hot locations. David Russell lives Read More...
Posted Thursday, January 31, 2008 10:47 AM by Andrew & Janine Hudson | 0 Comments

Real Estate Sales Report - November 2007

Housing sales continue to rise in November (courtesy Realtylink.org) Vancouver, B.C. December 4, 2007 – The Real Estate Board of Greater Vancouver (REBGV) reports that total residential sales reached 2,883 units in November 2007, an increase of Read More...
Posted Saturday, December 29, 2007 2:55 PM by Andrew & Janine Hudson | 1 Comments

Record October Sales

Highest October ever for MLS® home sales National MLS® resale housing activity in October 2007 reached its highest level on record for the month of October and sales remain on track for a new annual record, according to statistics released by Read More...
Posted Wednesday, December 05, 2007 4:57 PM by Andrew & Janine Hudson | 0 Comments