Mortgage Blog

How a Funding Condition Can Secure Purchasers From Financial and Legal Penalties in  BC

How a Funding Condition Can Secure Purchasers From Financial and Legal Penalties in BC

July 21, 2021 | Posted by: Jason Chapman

When you make a deal to buy a home, in addition to thinking about how much money to provide, you likewise need to think about any conditions that you want to include. Some common conditions deal with ...

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Bank Of Canada Rate Update July 14, 2021

Bank Of Canada Rate Update July 14, 2021

July 14, 2021 | Posted by: Jason Chapman

Bank of Canada maintains policy rate and forward guidance, adjusts quantitative easing program The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ per ...

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Risks of Putting Down a Firm Offer with a Pre-Approval BC

Risks of Putting Down a Firm Offer with a Pre-Approval BC

July 7, 2021 | Posted by: Jason Chapman

Risks of Putting Down a Firm Offer with a Pre-Approval Today, the real estate market is competitive and homebuyers need all the help they can get to secure their home at the right price. Once you fin ...

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Low Rates in BC Helping Buyers Pay Off Their Mortgages at Record Pace

Low Rates in BC Helping Buyers Pay Off Their Mortgages at Record Pace

June 28, 2021 | Posted by: Jason Chapman

Home prices may be astronomical in certain parts of the country, but historically low mortgage rates are allowing borrowers to pay off their mortgages faster than ever. At today's average rates, 61% ...

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Buying Land To Build A Home in BC

Buying Land To Build A Home in BC

June 16, 2021 | Posted by: Jason Chapman

Buying Land To Build A Home If you've been dreaming of escaping your unruly neighbors, the hubbub of the city, or the restrictions of your homeowners' association, then buying land to build a home is ...

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Bank Of Canada Rate Update June 9, 2021

Bank Of Canada Rate Update June 9, 2021

June 9, 2021 | Posted by: Jason Chapman

Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing The Bank of Canada today held its target for the overnight rat ...

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Your House-Closing Timeline: A Step-By-Step Guide | BC

Your House-Closing Timeline: A Step-By-Step Guide | BC

June 7, 2021 | Posted by: Jason Chapman

The process of buying a house can be quite exciting. However, the process is laborious, and it can also be nerve-wracking, especially if you do not know what to expect at what stage. The process is lo ...

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What Are the Next Steps After Your Offer Was Rejected? In BC

What Are the Next Steps After Your Offer Was Rejected? In BC

May 19, 2021 | Posted by: Jason Chapman

What are the next steps after your offer was rejected? Finding an ideal home can be a daunting process. It involves talking to a wide range of realtors and having a myriad of meetings with your mortg ...

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Investing In An Apartment Complex

Investing In An Apartment Complex

May 5, 2021 | Posted by: Jason Chapman

Investing In An Apartment Complex Investing in an apartment complex is one of the most effective ways of building wealth in the real estate industry. Some of the benefits that are associated with inv ...

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2021 Mortgage Stress Test - Latest Updates

2021 Mortgage Stress Test - Latest Updates

April 21, 2021 | Posted by: Jason Chapman

On April 8th, the Office of the Superintendent of Financial Institutions (OSFI) announced that it is relaunching its consultation on the minimum qualifying interest rate for uninsured mortgages. Usual ...

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