An Interesting look at Vancouver’s real estate market by our friends at Zoocasa… The Metro Vancouver housing market has gone through some dramatic changes over the last six months, as buyer demand has been hit by tougher federal mortgage qualification rules as well as province-specific taxes targeting foreign and speculative real estate investment. As a […]

News & insight from our chief economist, Dr. Sherry Cooper at DLC… In a terse statement, the Bank of Canada maintained its benchmark overnight rate for the fifth consecutive meeting and stated that economy was performing in line with the projections in the Bank’s April Monetary Policy Report (MPR). Following a slowdown in economic activity […]

Where will interest rates go? This article provides valuable insight into interest rates in the foreseeable future. by our friends at First National. May 27, 2019 First National Financial LP In the run up to this week’s rate setting by the Bank of Canada, talk of a coming rate cut is creeping into the forecast. […]

Great insight from Genworth on saving for your down payment! Saving and Sourcing a Down Payment As you get ready to buy a home one of the first things to think about is your down payment. In Canada, the minimum down payment ranges from 5–20% depending on the price of your home. 5% under $500,000; […]

Excellent advice from our friends at Zoocasa The Credit Card Mistakes that can Hurt Your House Hunt What’s in your wallet can dramatically help or hinder your chances of landing your dream home. That’s not a metaphor for your income or savings – the credit card you carry around every day has a direct impact […]

Great insight on fixed vs variable mortgages in today’s interest environment by our friends at EQBank! Spring has arrived and we’re starting to get a better sense of the real estate market in Canada this year. Sales and listings have been on the decline, but we’re still seeing small price increases in parts of the […]

A great article by our friends at FNAT.  May 6, 2019 First National Financial LP Market watchers have received one of the strongest signals yet that interest rates are not going anywhere, anytime soon. The U.S. Federal Reserve has held the line on its trend-setting policy rate, maintaining it in the range of 2.25% to […]

Great insight from our friends at FNAT. Apr 29, 2019 Be the expert First National Financial LP As expected the Bank of Canada has, once again, moved to the sidelines when it comes to interest rate policy.  This time, though, the bankers appear to have unfolded their lawn chairs, taken a seat and put their […]

Excellent insight to a question that I receive often from my colleague Geoff. SHOULD YOU PAY DOWN YOUR MORTGAGE ASAP? One of the top questions we get asked: Should I pay down my mortgage as fast as possible? In theory, this makes sense. The faster you pay it down, the faster you get out of […]

Could this be what we need to stimulate real estate sales this spring? BANK OF CANADA REDUCES PROSPECTS OF A RATE HIKE A greater-than-expected slowdown in global economic activity has triggered a slowdown in the pace of interest rate normalization by many central banks. In response to these central bank policy changes and perceived progress […]