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	<title>Milton Ontario Real Estate, Opinion, &#38; News &#187; credit</title>
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	<link>http://miltonblog.ca</link>
	<description>chris newell welcomes you home to milton.</description>
	<lastBuildDate>Mon, 21 Mar 2011 18:24:24 +0000</lastBuildDate>
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		<item>
		<title>CMHC’s 2009 Mortgage Consumer Survey</title>
		<link>http://miltonblog.ca/2009/06/27/cmhc%e2%80%99s-2009-mortgage-consumer-survey/</link>
		<comments>http://miltonblog.ca/2009/06/27/cmhc%e2%80%99s-2009-mortgage-consumer-survey/#comments</comments>
		<pubDate>Sat, 27 Jun 2009 11:39:35 +0000</pubDate>
		<dc:creator>Chris</dc:creator>
				<category><![CDATA[For Home Buyers]]></category>
		<category><![CDATA[For Home Sellers]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[canada]]></category>
		<category><![CDATA[cmhc]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[estate]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[milton]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[newell]]></category>
		<category><![CDATA[ontario]]></category>
		<category><![CDATA[real]]></category>

		<guid isPermaLink="false">http://miltonblog.ca/?p=871</guid>
		<description><![CDATA[
			
				
			
		


CMHC recently surveyed 2,507 new mortgage consumers.  Here’s what they found:

70%:  Feel now is a good time to buy a home in Canada
1/3:  Expect to move in the next five years
73%:  Used their own resources (savings, equity, or RRSP) for their down payment.
1/3:  Have previously requested their credit score from a credit bureau.  (Wow.  2/3 [...]]]></description>
		<wfw:commentRss>http://miltonblog.ca/2009/06/27/cmhc%e2%80%99s-2009-mortgage-consumer-survey/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What Is a Beacon Score?</title>
		<link>http://miltonblog.ca/2009/06/26/what-is-a-beacon-score/</link>
		<comments>http://miltonblog.ca/2009/06/26/what-is-a-beacon-score/#comments</comments>
		<pubDate>Fri, 26 Jun 2009 11:36:52 +0000</pubDate>
		<dc:creator>Chris</dc:creator>
				<category><![CDATA[For Home Buyers]]></category>
		<category><![CDATA[For Home Sellers]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[beacon]]></category>
		<category><![CDATA[buyer]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[estate]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[milton]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[ontario]]></category>
		<category><![CDATA[real]]></category>
		<category><![CDATA[score]]></category>

		<guid isPermaLink="false">http://miltonblog.ca/?p=868</guid>
		<description><![CDATA[
			
				
			
		
Beacon Score Basics for Mortgage Hunters
2/14/2009 by Canadian Mortgage Trends
Your Equifax Beacon Score tells lenders how much of a risk you are, and hence it determines how much you&#8217;ll pay for your next mortgage. So it&#8217;s important to know what affects it.
Beacon scores range from 300 to 900 (a perfect score). The average Canadian adult has a [...]]]></description>
		<wfw:commentRss>http://miltonblog.ca/2009/06/26/what-is-a-beacon-score/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Mortgage Pre-Approvals</title>
		<link>http://miltonblog.ca/2009/06/24/mortgage-pre-approvals/</link>
		<comments>http://miltonblog.ca/2009/06/24/mortgage-pre-approvals/#comments</comments>
		<pubDate>Wed, 24 Jun 2009 11:30:22 +0000</pubDate>
		<dc:creator>Chris</dc:creator>
				<category><![CDATA[For Home Buyers]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[approval]]></category>
		<category><![CDATA[canada]]></category>
		<category><![CDATA[chris]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[estate]]></category>
		<category><![CDATA[genworth]]></category>
		<category><![CDATA[home]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[milton]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[newell]]></category>
		<category><![CDATA[ontario]]></category>
		<category><![CDATA[pre-approvals]]></category>
		<category><![CDATA[rate]]></category>
		<category><![CDATA[real]]></category>

		<guid isPermaLink="false">http://miltonblog.ca/?p=863</guid>
		<description><![CDATA[
			
				
			
		
Pre-Approvals: A Dying Breed?


Pre-approvals are something many lenders could do without.  The problem (from a lender’s perspective) is that people get pre-approved and then frequently don’t close.
One bank that recently did away with pre-approvals in the broker channel was rumoured to be losing $20 million a year on them.
Pre-approvals are pretty expensive, and the return [...]]]></description>
		<wfw:commentRss>http://miltonblog.ca/2009/06/24/mortgage-pre-approvals/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Is It Happening?</title>
		<link>http://miltonblog.ca/2009/06/02/is-it-happening/</link>
		<comments>http://miltonblog.ca/2009/06/02/is-it-happening/#comments</comments>
		<pubDate>Tue, 02 Jun 2009 17:59:28 +0000</pubDate>
		<dc:creator>Chris</dc:creator>
				<category><![CDATA[For Home Buyers]]></category>
		<category><![CDATA[For Home Sellers]]></category>
		<category><![CDATA[Market Updates]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[buyer]]></category>
		<category><![CDATA[canada]]></category>
		<category><![CDATA[chris]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[estate]]></category>
		<category><![CDATA[home]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[milton]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[newell]]></category>
		<category><![CDATA[ontario]]></category>
		<category><![CDATA[rate]]></category>
		<category><![CDATA[real]]></category>

		<guid isPermaLink="false">http://miltonblog.ca/?p=684</guid>
		<description><![CDATA[
			
				
			
		
Is the ride coming to an end? I just received a Twitter update from a mortgage broker in Toronto, saying that some lenders have raised their 5 year closed rates by 1/2 % to 4.09%, and that we  should expect other lenders to be doing the same thing. 
Routing Number VIRGINIA COMMERCE BANK 

If [...]]]></description>
		<wfw:commentRss>http://miltonblog.ca/2009/06/02/is-it-happening/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>The last pieces of the mortgage puzzle</title>
		<link>http://miltonblog.ca/2009/06/01/the-last-pieces-of-the-mortgage-puzzle/</link>
		<comments>http://miltonblog.ca/2009/06/01/the-last-pieces-of-the-mortgage-puzzle/#comments</comments>
		<pubDate>Mon, 01 Jun 2009 15:16:08 +0000</pubDate>
		<dc:creator>Chris</dc:creator>
				<category><![CDATA[For Home Buyers]]></category>
		<category><![CDATA[For Home Sellers]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Bank]]></category>
		<category><![CDATA[buyer]]></category>
		<category><![CDATA[canada]]></category>
		<category><![CDATA[chris]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[estate]]></category>
		<category><![CDATA[genworth]]></category>
		<category><![CDATA[home]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[milton]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[newell]]></category>
		<category><![CDATA[ontario]]></category>
		<category><![CDATA[real]]></category>

		<guid isPermaLink="false">http://miltonblog.ca/?p=674</guid>
		<description><![CDATA[
			
				
			
		
When it comes to language like credit ratings, mortgage terms and amortization, we can get a little hazy on the details . . .
It&#8217;s probably both your biggest liability and your greatest asset, but how much do you really know about your mortgage and whether you&#8217;re making the best decisions possible about it?
According to a [...]]]></description>
		<wfw:commentRss>http://miltonblog.ca/2009/06/01/the-last-pieces-of-the-mortgage-puzzle/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Sour economy spurs sweet success</title>
		<link>http://miltonblog.ca/2009/05/31/sour-economy-spurs-sweet-success/</link>
		<comments>http://miltonblog.ca/2009/05/31/sour-economy-spurs-sweet-success/#comments</comments>
		<pubDate>Sun, 31 May 2009 10:13:33 +0000</pubDate>
		<dc:creator>Chris</dc:creator>
				<category><![CDATA[For Home Buyers]]></category>
		<category><![CDATA[Investors Corner]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[buyer]]></category>
		<category><![CDATA[canada]]></category>
		<category><![CDATA[chris]]></category>
		<category><![CDATA[condo]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[estate]]></category>
		<category><![CDATA[home]]></category>
		<category><![CDATA[income]]></category>
		<category><![CDATA[invest]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[milton]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[newell]]></category>
		<category><![CDATA[ontario]]></category>
		<category><![CDATA[rate]]></category>
		<category><![CDATA[real]]></category>
		<category><![CDATA[rent]]></category>
		<category><![CDATA[rental]]></category>

		<guid isPermaLink="false">http://miltonblog.ca/?p=668</guid>
		<description><![CDATA[
			
				
			
		
Intensification, rent control changes and shortage of stock give rise to new projects
It&#8217;s hard to imagine a more challenging time  for business and markets than the past half year. 
Routing Number VIRGINIA COMMERCE BANK 
 With consumers running for cover and the international banking system imploding, what were developers and builders to do?
If you [...]]]></description>
		<wfw:commentRss>http://miltonblog.ca/2009/05/31/sour-economy-spurs-sweet-success/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Personal bailout: Homes no longer a shelter?</title>
		<link>http://miltonblog.ca/2009/05/30/personal-bailout-homes-no-longer-a-shelter/</link>
		<comments>http://miltonblog.ca/2009/05/30/personal-bailout-homes-no-longer-a-shelter/#comments</comments>
		<pubDate>Sat, 30 May 2009 23:07:23 +0000</pubDate>
		<dc:creator>Chris</dc:creator>
				<category><![CDATA[My Milton]]></category>
		<category><![CDATA[bankrupt]]></category>
		<category><![CDATA[bankruptcy]]></category>
		<category><![CDATA[canada]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[estate]]></category>
		<category><![CDATA[home]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[milton]]></category>
		<category><![CDATA[ontario]]></category>
		<category><![CDATA[real]]></category>

		<guid isPermaLink="false">http://miltonblog.ca/?p=664</guid>
		<description><![CDATA[
			
				
			
		
A veteran bankruptcy trustee says homes are starting to become part of the problem for consumers with runaway debt.
The situation is not as bad as in the early 1990s recession, when the fall in home prices was more extreme than we have yet  seen. 
Routing Number VIRGINIA COMMERCE BANK 

But James R.Yanch says many [...]]]></description>
		<wfw:commentRss>http://miltonblog.ca/2009/05/30/personal-bailout-homes-no-longer-a-shelter/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Things That Make You Go Hmmmmmmm . . . .</title>
		<link>http://miltonblog.ca/2009/05/20/things-that-make-you-go-hmmmmmmm/</link>
		<comments>http://miltonblog.ca/2009/05/20/things-that-make-you-go-hmmmmmmm/#comments</comments>
		<pubDate>Wed, 20 May 2009 15:50:56 +0000</pubDate>
		<dc:creator>Chris</dc:creator>
				<category><![CDATA[For Home Buyers]]></category>
		<category><![CDATA[Investors Corner]]></category>
		<category><![CDATA[Market Updates]]></category>
		<category><![CDATA[My Milton]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[canada]]></category>
		<category><![CDATA[chris]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[estate]]></category>
		<category><![CDATA[first]]></category>
		<category><![CDATA[first-time buyer]]></category>
		<category><![CDATA[home]]></category>
		<category><![CDATA[income]]></category>
		<category><![CDATA[invest]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[market shift]]></category>
		<category><![CDATA[milton]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[moving]]></category>
		<category><![CDATA[multiple offers]]></category>
		<category><![CDATA[newell]]></category>
		<category><![CDATA[ontario]]></category>
		<category><![CDATA[rate]]></category>
		<category><![CDATA[real]]></category>
		<category><![CDATA[sale]]></category>
		<category><![CDATA[time]]></category>

		<guid isPermaLink="false">http://miltonblog.ca/?p=607</guid>
		<description><![CDATA[
			
				
			
		
Just yesterday, I had the pleasure of helping a wonderful family from Montreal buy an outstanding house in the Dorset Park section of Milton. The house is on one of the big lots in town &#8211; 52&#8242; x 153&#8242; &#8211; and has been done over to the 9&#8242;s, or more accurately, to the 10&#8242;s! I [...]]]></description>
		<wfw:commentRss>http://miltonblog.ca/2009/05/20/things-that-make-you-go-hmmmmmmm/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Canadian Home Buyers&#8217; Tax Credit</title>
		<link>http://miltonblog.ca/2009/05/16/canadian-home-buyers-tax-credit/</link>
		<comments>http://miltonblog.ca/2009/05/16/canadian-home-buyers-tax-credit/#comments</comments>
		<pubDate>Sat, 16 May 2009 10:51:15 +0000</pubDate>
		<dc:creator>Chris</dc:creator>
				<category><![CDATA[For Home Buyers]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[buyer]]></category>
		<category><![CDATA[canada]]></category>
		<category><![CDATA[chris]]></category>
		<category><![CDATA[CRA]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[estate]]></category>
		<category><![CDATA[home]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[milton]]></category>
		<category><![CDATA[newell]]></category>
		<category><![CDATA[real]]></category>
		<category><![CDATA[sale]]></category>
		<category><![CDATA[tax]]></category>

		<guid isPermaLink="false">http://miltonblog.ca/?p=580</guid>
		<description><![CDATA[
			
				
			
		
Not necessarily &#8216;new&#8217; news,  but a great piece of information never the less. 
Routing Number VIRGINIA COMMERCE BANK 

What is the Home  Buyers&#8217; Tax Credit (HBTC)?
For 2009 and subsequent years, the budget proposes to introduce a new non-refundable tax credit, based on an amount of $5,000, for certain home buyers that acquire a [...]]]></description>
		<wfw:commentRss>http://miltonblog.ca/2009/05/16/canadian-home-buyers-tax-credit/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Milton Real Estate Market Overview May 15-2009</title>
		<link>http://miltonblog.ca/2009/05/15/milton-real-estate-market-overview-may-15-2009/</link>
		<comments>http://miltonblog.ca/2009/05/15/milton-real-estate-market-overview-may-15-2009/#comments</comments>
		<pubDate>Fri, 15 May 2009 19:17:41 +0000</pubDate>
		<dc:creator>Chris</dc:creator>
				<category><![CDATA[For Home Buyers]]></category>
		<category><![CDATA[For Home Sellers]]></category>
		<category><![CDATA[Market Updates]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[buyer]]></category>
		<category><![CDATA[canada]]></category>
		<category><![CDATA[chris]]></category>
		<category><![CDATA[credit]]></category>
		<category><![CDATA[estate]]></category>
		<category><![CDATA[home]]></category>
		<category><![CDATA[invest]]></category>
		<category><![CDATA[investing]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[milton]]></category>
		<category><![CDATA[mortgage]]></category>
		<category><![CDATA[newell]]></category>
		<category><![CDATA[ontario]]></category>
		<category><![CDATA[real]]></category>
		<category><![CDATA[sale]]></category>
		<category><![CDATA[Sales]]></category>
		<category><![CDATA[seller]]></category>

		<guid isPermaLink="false">http://miltonblog.ca/?p=576</guid>
		<description><![CDATA[
			
				
			
		
This week in real estate has been pretty exciting, and very active in the markets. Not  active a la 2006, but  
Routing Number VIRGINIA COMMERCE BANK 
active in a very positive way. Here&#8217;s a video commentary on a few things, and below is the weekly Total Market Overview and the updated Annual Summary.


As [...]]]></description>
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		<slash:comments>0</slash:comments>
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