by bsmith | Apr 15, 2018 | Casb Management Group Inc.
With escalating home prices in cities such as Toronto and Vancouver having a residual effect be felt across much of the country, many Canadians are looking at holding mortgages well into retirement with no hope of actually paying them out once Canada Pension and Old...
by bsmith | Mar 26, 2018 | Casb Management Group Inc.
NO WORRIES, THERE ARE THREE OTHER LENDER TYPES AVAILABLE Being turned down by what we call a traditional lender or “A” lender such as a charted bank, is not the end of the road in terms of your search for a mortgage. There are three other options available...
by bsmith | Dec 18, 2017 | Casb Management Group Inc., Mortgages
As fall moved into winter, real estate market in London cooled considerably from the buoyant spring and summer market with sales levels lower than 2016 for the past two months. Make no mistake, 2017 will be the all time best year for London real estate, but is this...
by bsmith | Dec 5, 2017 | Casb Management Group Inc., Mortgages
January 1, 2018 will bring another change to mortgage rules that will apply to all federally regulated financial institutions. The changes are to reinforce the expectation that lenders will remain vigilant in their mortgage underwriting procedures. Currently all...
by bsmith | Feb 5, 2016 | Business Financing, Casb Management Group Inc.
According to a recent survey conducted by CIBC, 26% of Canadians consider paying down debt and keeping up with their bills to be their top financial priority in 2016, for the sixth straight year. (Source: Business News Network) As debt continues to be a concern, it...
by bsmith | Feb 1, 2016 | Casb Management Group Inc., Rant
At the beginning of each year, millions of people set their New Year’s resolutions. However, the large majority of people break their resolutions. Instead of setting vague, huge resolutions, you might want to try setting very specific goals and making a plan of how to...
by bsmith | Dec 14, 2015 | Casb Management Group Inc., How I View The World, Mortgages
I reviewed the London Free Press article recently allowing Granny flats in the city and the proposed impact on housing near the post secondary schools. (London to debate granny flat demand http://www.lfpress.com/2015/11/22/london-to-debate-granny-flat-demand). The...
by bsmith | Dec 14, 2015 | Casb Management Group Inc., Real Estate
as seen in the December 10th issue of the Londoner http://eedition.thelondoner.ca/doc/The-Londoner/the_londoner-1210/2015120801/#24 The London-area real estate community is breathing a sigh of relief after the announcement by Municipal Affairs Minister Ted McMeekin...
by bsmith | Sep 14, 2015 | Casb Management Group Inc.
Calculating the economic impact of tightening mortgage rules by Bruce Smith It’s harder than ever for those who are self-employed to qualify for mortgages because of changes made over the past five years. These changes to the mortgage rules have been implemented by...
by bsmith | Aug 20, 2015 | Casb Management Group Inc., Rant
I have been very interested to see the polarization in London about the possibility of City Hall’s acceptance of Uber, with the service being adopted in the city without consequences. For the uninitiated, Uber allows consumers to request rides via a downloadable app...
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