by jordant | Feb 18, 2023 | Current Real Estate Trends and Updates, Mortgage Rates
CHECK OUT THE VIDEO HERE! 2023 is underway! After an uncertain and tumultuous past year with the economy, mortgage rates and the real estate market, where are we now and what is expected in the coming months?? Higher interest rates continue to impact our real estate...
by jordant | Jan 31, 2023 | Current Real Estate Trends and Updates, Mortgage Advice
Inflation has been taking a big bite of Canadian wallets so here are 5 Key Steps to help you Budget for Inflation. Even if you can’t implement every thing, I hope it gives you some inspiration into what you CAN do. Remember too to save at least 3-6 months of...
by jordant | Jan 8, 2023 | Current Real Estate Trends and Updates
There are 3 NEW and important Real Estate changes for buyers and sellers taking effect January 1st, 2023! – 3 business day HOME BUYERS RESCISSION PERIOD on residential purchases – Foreign Buyers Ban in place for 2 years – Anti- Flipping Tax for homes...
by jordant | Dec 20, 2022 | Current Real Estate Trends and Updates, Mortgage Rates
What a year it’s been!! Here is my 2022 Round Up of the 5 Top Mortgage Stories as I see it and what could be in store for 2023. 1) BOC raises rates 400 basis points, the steepest rise in one year since 1936 2) Variable Rate Mortgage Pain, Trigger Rates and...
by jordant | Dec 20, 2022 | Current Real Estate Trends and Updates, Mortgage Advice
On January 1st, 2023, this new legislation, originally known as the ‘cooling-off period’, provides buyers in B.C. three business days to rescind/cancel a contract (in others words, an accepted offer) to purchase residential real property. These guidelines...
by jordant | Nov 14, 2022 | Current Real Estate Trends and Updates
The news on the economy, inflation and the future of interest rates has been mixed over the past week or so. Most of the recent analysis has centered on employment. Market watchers were surprised by the latest job numbers which shot up by 108,000 in October. The...
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