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According to Jeremy Nuttall of 24 hours Vancouver: Vancouver real estate numbers can deceive "Real estate sales in Vancouver are reported to be on the upswing since last year — numbers now being questioned by advocates for buyers. The association also released a...
I had the privilege of being interviewed by the Vancouver Sun last week about the fact that interest rates are rising, and wanted to share some snippets of that article here with you. The post is about the current [and more to come] interest rate increase, and how...
It’s becoming increasingly apparent that a greater number of women are now taking the reigns when it comes to home purchases. There’s a growing trend among single women – and, more precisely, professional single women – who are becoming independent homeowners. While...
As per the FinancialPost.com "It may be stressful to think about it but higher mortgage rates are on the horizon." "The questions for homeowners is whether they can handle a hike in interest rates. Bank of Montreal says consumers should stress test their mortgages a...
Negotiating a Mortgage in Vancouver Independent mortgage consultants are more likely to give you better deals than your bank. As with property prices, shopping for mortgages is changing. New mortgage options and features are introduced on a daily basis. It is also...
Re-posted from CanadianMortgageTrends.com. A New Bank With a New Model — Canadian First. Being a Canadian bank puts you in exclusive company. There are 5,991 commercial banks in the U.S., but just 25 schedule I banks in Canada. That number will soon become 26 because...
Introducing Dominion Lending Centres Visa Cards I'm excited to let you know that Dominion Lending Centres has partnered with Visa and Desjardins to be able to offer our valuable clients Dominion Lending Centres Visa cards. I can now offer you a great credit card at...
The following is a Guest Post by Comparasave. Tips to Pay Off your Mortgage Faster Mortgages are one of the main sources of debt in Canadian households, so it’s not surprising that most of us want to find a way to rid ourselves of this financial burden as soon as...
Just a gentle reminder to all you homeowners....don't forget to apply for your HOME OWNER GRANT...don't assume that it applies itself. About The Home Owner Grant The purpose of the home owner grant is to help reduce the amount of residential property tax British...
Not All New Rules Are Old Rules In the last four and a half years, federal regulators have instituted more than two dozen mortgage-related policies and regulations. It’s a well-intended attempt to engineer a market correction (the proverbial “soft landing”) and add...
As reported by CanadianMortgageTrends.com: "Several polls have suggested that it’s taking longer to pay off a mortgage. The latest such survey came out on Friday." CIBC Poll - Canadians don't expect to be mortgage free until age 57 Non-mortgage debt a key obstacle to...
There are signs of life in the spring market. Finally! After many months (years?) of disappointment and fear, things appear to be looking more positive for the real estate market in the Greater Vancouver area. MCAP reports: "there was a bit of positive news on the...