Why Use a Mortgage Broker?

Posted on Oct 01, 2019

These days mortgage brokers are not for people who can not get credit but rather people choose to use mortgage brokers for their ability to shop your mortgage to ensure you have the lowest rate and to provide advice on the features and terms of the mortgage. This is usually the largest financial obligation most of us and it is important to understa...

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Greater Vancouver Sales and Listings Report for August 2019

Posted on Sep 05, 2019

Considering August is traditionally one of the slower months for real estate sales, this August was more active than anticipated. On the supply side, the number of new listings and active listings were down – showing buyers are engaging more than they have and sellers are willing to hold on to their properties. Once again, there is a noticeable inc...

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Homebuyers to get new mortgage incentive, Home Buyer’s Plan boost under 2019 budget

Posted on Jul 15, 2019

Home Buyer's Plan gets a boost
As was widely anticipated, the government would also enhance the Home Buyer’s Plan (HBP), which currently allows first-time buyers to take out up to $25,000 from their registered retirement savings plan (RRSP) to finance the purchase of a home, without having to pay tax on the withdrawal. The budget proposes raising th...

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Despite Ample Options & Opportunities, Buyer Demand Does Not Align With Housing Supply

Posted on Apr 09, 2019

Prospective buyers officially have 52% more choice than they did a year ago. The total number of MLS listings for Greater Vancouver has reached 12,774, translating into nearly 4000 more homes on the market this March, compared to the same month in 2018.

The Well Known Trend Of A More 
Active Spring Market Begins it's Course  

Properties continue to ent...

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Federal Budget 2019 - Actions for Home buyers

Posted on Mar 20, 2019

In its fourth fiscal plan, the Trudeau government spent its entire revenue windfall leaving the deficit projection little changed. In this election budget, Finance Minister Bill Morneau announced $22.8 billion over six years in new spending initiative mostly for home buyers, students and seniors. Trudeau promised in his first budget to have elimina...

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It's A Buyers Market!

Posted on Mar 02, 2019

If you’ve been paying attention to the housing market in the Lower Mainland, you will know that we are currently in a buyer’s market phase. What this means is that the market favors the buyer's, there's higher inventory and lower prices.

What Is a Buyer’s Market?
  • Right now there are more homes on the market compared to a seller market.
  • Prices tend to...

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