Author Archives: admin

Speaking with a client this week, they were mentioning a government program that gives them $10,000 for being a first-time home buyer. I hadn’t heard of this before, and usually I am someone who is fairly on top of all … Continue reading →

I have been enjoying all the radio, TV and print ads from the major banks telling everyone about 2.99% for 4 years as if they are offering you something special.  I do have that available with other lenders as well, … Continue reading →

Many in the public have been surprised at the rate increases in variable rate mortgages this past month. For myself and some others in the industry, the only surprise was that it took so long to do it. It has … Continue reading →

The Canadian Association of Accredited Mortgage Professionals (CAAMP) today released their latest set of statistics regarding mortgages and real estate in Canada.  In summary:

On Tuesday the Bank of Canada decided to leave its key lending rate unchanged at 1%, meaning that the prime rate for variable rate mortgages also will remain the same until at least their next meeting. I came across this … Continue reading →

With the recent news that in the past year Greater Vancouver real estate prices had increased by an average of 18% from already very high levels, and historic lows in rates possibly coming to an end soon, the time is … Continue reading →