Sara Kalke

What impact will the new mortgage rules have on you?

The new rules recently announced by the federal government affect mortgage amortization periods, refinancing, and home equity lines of credit. The new rules take effect on March 18, 2011.

Here’s a summary of the changes and how they might affect you.

Reduced mortgage amortization periods

The maximum amortization period for a mortgage will n ...

Globe and Mail Update

I just finished uploading this House for sale, 11933 42 Street, Edmonton, Alberta

SPACIOUS & SPECTACULAR! Just steps to a park and playground, with a backyard that will make your heart sing: HOT TUB, deck with built-in BBQ, fruit trees, perennials and more! NEW SPA BATH with air jet tub, new toilet, new sink, new ceramic tiles. New laminate flooring. 1,200 square feet above ground - larger th ...

I just finished uploading this House for sale, 11933 42 Street, Edmonton, Alberta

SPACIOUS & SPECTACULAR! Just steps to a park and playground, with a backyard that will make your heart sing: HOT TUB, deck with built-in BBQ, fruit trees, perennials and more! NEW SPA BATH with air jet tub, new toilet, new sink, new ceramic tiles. New laminate flooring. 1,200 square feet above ground - larger th ...

I just finished uploading this House for sale, 9828 79 Street, Edmonton, Alberta

NEW KITCHEN, NEW LUXURY BATH, SPECTACULAR LOCATION! The location and upgrades in this home make it a one-of-a-kind opportunity - 5 minutes from downtown in prestigious Forest Heights, with PARK VIEWS from the front and back of the house, big West backyard. DREAM UPGRADES and features include: refinished hardwood, ...

Here it is, the latest news release from the REALTORS® Association of Edmonton.  Prices remained steady, while demand was down significantly from last year.  It seems to me like a long time ago, as the market seems to have picked up quite a bit over the last few weeks, since the new mortgage rules were announced. Of course, time will tell what 2011 will bring.

Thinking of buying or selling? ...

New mortgage rules… again

Last week we discussed the most recent changes the federal government is implementing March 18, ...

Every winter homeowners turn to supplemental heat sources such as gas fireplaces, generators, space heaters, wood stoves and kerosene heaters to reduce home utility costs and stay warm.

When using a supplemental heat source to save energy and money this winter, keep safety top of mind to prev ...