Frank Salvatore

Hamilton has turned the corner, says Bratina

March 6, 2012 by · Leave a Comment 

BRATINA Hamilton Mayor Bob Bratina believes Hamilton’s defining characteristic is now one of ‘opportunity’. John Rennison/The Hamilton Spectator Mayor Bob Bratina believes Hamilton’s defining characteristic is now one of “opportunity.”  He painted a picture at the Chamber of Commerce annual mayor’s breakfast Monday of a Hamilton overflowing with promise and prosperity. “The economy of Hamilton […]

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 […]

Canada’s new mortgage rules and Hamilton Real Estate

September 27, 2011 by · Leave a Comment 

The recent mortgage changes by the Ministry of Finance’s Jim Flaherty came about because the government and the Bank of Canada are concerned about the record levels of household debt. For every $1 in savings, Canadians owe $1.50 and mortgage debt is up around $1 trillion. The Bank of Canada recently warned that debt levels […]

Mortgage Default and Title Insurance

September 27, 2011 by · Leave a Comment 

Mortgage Default Insurance There are a lot of things to consider when buying real estate in Hamilton, in particular mortgage options and mortgage insurance.  Your real estate broker can recommend a mortgage broker but before you speak with them here is some information on mortgage insurance. Mortgage default insurance is the security for the lender […]

Frank Salvatore