Frank Salvatore

Canadian Home Sales Pick Up in September

October 19, 2011 by · Leave a Comment 

OTTAWA, Oct. 17, 2011 /CNW/ – According to statistics1 released today by The Canadian Real Estate Association (CREA), national resale housing activity picked up in September 2011.

The Four Types of Mortgage Products

September 27, 2011 by · 2 Comments 

When purchasing real estate in the Hamilton area it’s important to consider your mortgage options.  Although there are specialty products available in the mortgage market like Interest Only mortgages and Balloon Payment Mortgages, the majority of homeowners opt for one of these four mortgage options: A fixed rate, a variable rate, a conventional or a […]

Home ownership benefits retirees

September 27, 2011 by · Leave a Comment 

A recent study released by StatsCan found that purchasing a home is a wise choice as an investment for retirement. The study, which studied the years between 1969 and 2006, concluded that home ownership made a significant and rising contribution to household finances for retirement-age households. According to the report, Study: Incomes from owner-occupied housing […]

Cash Back mortgages still available

September 27, 2011 by · Leave a Comment 

First time homebuyers in Hamilton may be wondering if they’ll ever be able to afford a home. On March 18, 2011, the mortgage lending rules changed, making it slightly more difficult for first time home buyers to qualify for a mortgage. The one change that has a direct affect on first time home buyers is […]

Frank Salvatore