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UNCERTAINTY TRIGGERS BANK OF CANADA RATE CUT
It has become the recurring theme in the Canadian economy: the on-again, off-again trade war with the United States. And in the tradition of hoping for the best and preparing for the worst the Bank of Canada is using the one weapon it has, interest rate policy. Last...
BUYING A HOME IN BC JUST GOT CHEAPER WITH THE 2024 BC BUDGET
Buying a home in BC could now cost less! WATCH VIDEO HERE The 2024 BC BUDGET, in its goal to help with affordability and getting people into homes, tackles the property transfer tax exemption, flipping tax and building more homes and faster! Anything to help...
BC ASSESSMENTS – 2 MYTHS DEBUNKED
WATCH THE VIDEO HERE BC Assessments are out and homeowners can check it out online at www.bcassessment.ca in addition to getting a copy in the mail. There are 2 misconceptions that I hear every year from homeowners so I've decided to break it down to set the record...
DOES CONSOLIDATION MAKE SENSE FOR YOU
Does Consolidation Make Sense For You As we move forward through the year, most of us have our eyes peeled on the slowing economy, the decrease in housing prices and how our household budgets will weather any storm that lies ahead. And while I don’t think now is a...
MORTGAGE PAYMENT SCHEDULE 101 – YOUR ULTIMATE GUIDE
“There are two common mortgage payment types: combination of principle and interest and interest only. The principle and interest rate means every time you make a payment, you’re paying both the interest and the principal amount of the original loan. Interest-only...
COUNTDOWN TO RATE CUTS!
READ ALL ABOUT IT HERE The Bank of Canada has held its trendsetting interest rate at 5.0% for a third straight setting and talk of further increases has been all but silenced. In the statement that came with the most recent rate announcement, The Bank offered a number...
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