• phone: 780-439-7000
  • fax: 1-866-645-9792
  • mobile: 780-710-7669
  • toll-free: 1-800-265-9518

Blog by Sara Kalke

NEW 30-YEAR DEADLINE JULY 3

June 26th, 2012
Just received a note from Len Lane at Verico Brokers for Life that CMHC will be cutting off on the 30 year amortization on JULY 3 - that's the first Tuesday back after the long weekend this weekend, so if you need the 30 year amortization, you need to have an offer pending and submitted by July 3 (NOT July 9 as previously reported by the papers and CMHC - July 9 is still technically the deadl ...

Mortgage Changes - what they mean for you

June 21st, 2012
This morning, the Government of Canada announced several changes to mortgages. 

The details:
  • Amortization period is REDUCED to 25 years for high ratio applications. Banks can continue to offer 30 year amortization on LTV's 80% or less.
  • Refinancing is reduced from 85% loan-to-value to 80%
  • Formally limited gross-debt-service ratio of 39%, total-debt-service-ratio of 44%
  • Maximum purchase price ...

Edmonton Gardening

June 12th, 2012
I just love this time of year.  My garden is sprouting and the flowers are in bloom.  I have a big organic vegetable garden in my backyard, a few flower beds, an herb garden and of course 10 tomato plants!  I am always looking for tips on gardening, especially in Edmonton's unique climate (and yes, by that I mean the incredibly short growing season). 

Here is a great blog I found that talks ...

Edmonton One of Most Affordable Canadian Markets

June 5th, 2012
Here are the latest statistics from the REALTORS® Association of Edmonton.  Prices were up across the board and sales activity was strong.  Questions?  Contact me anytime: 780-710-7669 Direct, On Twitter @sarakalke




Housing most affordable in Edmonton

Edmonton, June 4, 2012: Home buyers in Edmonton are facing one of the most affordable markets in C ...