by Geoff | Jun 19, 2019 | Getting a Mortgage, House Hunting, Trends
A recent survey found that only the top 2.5% of income earners can afford the benchmark price for a Vancouver House. That stat is coupled with another one that shows based on those numbers, it would take an income of at least $205,475 to be able to pay back the...
by Geoff | May 28, 2019 | First Time Home Buyers, Getting a Mortgage
Picture this: You’ve finally been able to put away enough for a down-payment on your dream home. It’s taken you 5 years of diligent saving, but you did it! You have also been diligently working on improving your credit score and paying off debts and are at a place of...
by Geoff | May 9, 2019 | Getting a Mortgage, Mortgage Insurance
A new survey has emerged showing that out of 1,901 owners and would be homeowners, 43% (more than two out of five) Canadians are not confident in their knowledge of the mortgage stress tests—despite them being in place for more than a year now. (source) We...
by Geoff | Mar 19, 2019 | Business, Getting a Mortgage
On March 19, the Federal Government announced the official 2019 budget. One major topic on the discussion table (and one we were all holding our breath for) was the discussion of affordable housing in Canada. So just what happened on “Budget Day?” Here...
by Geoff | Feb 18, 2019 | Finances, Getting a Mortgage
Did you know that you can buy a home with ZERO down payment?? If a home purchase is your goal this year but you aren’t able to save up enough of a down payment, you may qualify for a low or zero down payment mortgage. One of our Lenders is offering a great zero...
by Geoff | Jan 25, 2019 | First Time Home Buyers, Getting a Mortgage, Mortgage Broker
Your First Home. What a THRILLING thing that is to think about!! One of the best parts about our job is helping individuals purchase their first home. We know that the process can seem daunting at first, but we have an in-depth understanding and knowledge of what...
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