Market Insights & Updates

Practical information about BC mortgages, rates, and real estate - written plainly, without the hype.

July 2019

Mortgage Stress Test Becomes (Slightly) Less Stressful

You might have seen the recent Benchmark Rate Decrease announcement in the news. What does this mean for Buyers and Refinancers? Will this revive the...

June 2019

Buying A New Home and Keeping Your Current Home As A Rental

I thought I’d dedicate a blog post to this topic as I have many inquiries from clients looking into doing this as well as there...

November 2018

Cutco Knife Giveaway - My Lifetime Mortgage Referral Program

[big_title]Do you LOVE to cook?[/big_title] While I’m not a great cook, I enjoy it much more when cooking with the best equipment. That is why...

October 2018

Prime Rate Increases to 3.95%

The Bank of Canada decided to increase the overnight lending rate to 1.75% on October 24th 2018. This is the interest rate that the Bank...

October 2018

Fixed Mortgage Rates Heading Higher Again

Hi everyone, I usually wouldn’t Blog about rates increases, but there’s an acceleration of the frequency of increases this Fall. Two weeks ago, there were...

September 2018

Is Your Variable Rate Optimized?

There are many great arguments for and against entering into a Variable Rate versus a Fixed Rate, but I won’t be chiming in on that...

April 2015

Higher CMHC Mortgage Insurance Premiums on the Way

If you’re currently in the market for a home, June 1, 2015 is a day you’ll want to circle on your calendar. On this dubious...

February 2014

BC First Time Home Buyer Grant Increased

Good news for first time home buyers in British Colombia. The BC provincial budget increased the maximum eligible purchase for the property transfer tax exemption...