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The latest in Mortgage and Real Estate News and Trends
Fall Economic Statement – will it help or hinder?
Check out my FULL POST AND VIDEO #MortgageMinute Did you catch the "Fall Economic Statement" by the Fed Government? What's in it and what does it mean for you? I worried that it might be inflationary with too much government spending, but am happy it is not. A mid...
A difficult 2023 for the Canadian Economy and Housing Market?
B.C. should anticipate a difficult 2023 for the Canadian economy, with housing market activity below normal levels, according to the British Columbia Real Estate Association’s (BCREA) fourth quarter housing forecast. In light of lower purchase activity, I will be...
Be Sure to Know Your Mortgage Renewal Options
Do you have a mortgage renewal coming up ? Now more than ever, borrowers are struggling with the mortgage landscape of rising rates, the high cost of living and economic uncertainty! There is no One Size Fits All mortgage so make sure you know YOUR options. There are...
When Will the Bank of Canada Stop Raising Rates?
When Will The Bank of Canada Stop Raising Rates? Attention Canadian Homeowners and Homebuyers! The Bank of Canada raised rates AGAIN September 7th, this time by three quarters of a percent, taking Prime rate to 5.45%! With interest rates on the rise, in fact a total...
Should I Still Buy in this Real Estate Market?
Should You Still Buy A Home in this Market? Every market comes with opportunity, like right now when there are fewer buyers driving up demand! In some markets, we are also seeing prices soften. Yes, interest rates are higher than usual but your mortgage and rate can...
With Prime Rate Increases, What Are Your Options for Your Variable Rate Mortgage?
? With Rising Mortgage Rates, What Are Your Options For Your Variable Rate Mortgage With the Bank of Canada raising prime rate again, and further increas(es) expected, variable rate mortgage holders are asking about options! - Stay put, ride it out until rates...
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