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Blog by Thomas Krause

New Down Payment Requirements are going into effect February 15, 2016

December 29th, 2015
Finance Minister Bill Morneau announced today that to "address emerging vulnerabilities in certain housing markets, while not overburdening other regions" the down payment requirement will be modified on purchases that exceed $500,000. 

Beginning in February, insurers will require a 10% down payment on the portion of any mortgage over $500,000. The five per cent rule remains the same for the p ...

18 809 Wilson Way, Canmore, Alberta

December 8th, 2015

I just finished uploading this Townhouse for sale, 18 809 Wilson Way, Canmore, Alberta

Spacious townhouse in Canmore! With over 1,700 sqft of living space this 3 bed, 3.5 bath townhouse is a great deal. The main floor on the upper level boasts an open concept design with a beaming hard wood floor and a shiny kitchen with pantry. From the dining area you step out to the large deck where you ca ...