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McPherson Group

McPherson Group Parksville Real Estate Blog, with contributing authors from our industry friends in the Real Estate and Mortgage industries.

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Immigration changes in 2008
2008 saw substantial changes and revisions to Immigration policies and regulations. The reason for the changes was twofold - a) There were one million applications worldwide for potential immigrants waiting to enter with processing times of two to six Read More...
Part Two of "Canada's Mortgages Not Like The USA
Canada ’s Mortgage Market is NOT Like the U.S. A Report from Scotia Economics – Part 2 of 2 3. Canadian mortgage markets are fundamentally healthier than the U.S. (con’t) g. Further to this latter point, long-amortization mortgage products Read More...
Canada's Mortgages Not Like The USA
Canada ’s Mortgage Market is NOT Like the U.S. A Report from Scotia Economics – Part 1 of 2 We're fielding client inquiries about risks facing Canadian housing and - more importantly - mortgage markets. The following points summarize some Read More...
Mortgage Planners vs. Mortgage Brokers
If you’re a Canadian homebuyer or homeowner – at any stage in your mortgage years – then it feels like everybody wants a piece of you. Mortgages are big business and everyone wants in. They’ll tempt you with low rates, or tease Read More...
Market prices vs. Interest rates
Many factors contribute to the decision to buy real estate. Let's look at one: Market prices and mortgage interest rates; If you are financing a property, it is the interest rate that ultimately determines what you pay. For example, let's say Read More...