5 Feb

Inventory rises and apartment sales take lead during modest January market

General

Posted by: Kimberly Walker

SURREY, BC – Overall inventory levels continued to recover as market activity remained moderate through January. The Fraser Valley Real Estate Board processed 784 sales of all property types on its Multiple Listing Service® (MLS®) in January, a 2 per cent decrease compared to sales in December 2018, and a 35.2 per cent decrease compared […]

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24 Jan

MPC calls out feds negative impact on housing market

General

Posted by: Kimberly Walker

The association that represents more than 11,000 Canadian mortgage professionals says that Ottawa’s policies have harmed the housing market. In its annual State of the Mortgage Market report, Mortgage Professionals Canada says that the federal government’s efforts to cool rising home prices and demand has created cascading consequences and pressures. “We are seeing downward trends […]

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18 Jan

More rate cuts expected following RBC move

General

Posted by: Kimberly Walker

Canada’s largest bank may have sparked a rate war by offering customers a “special offer” 5-year mortgage rate of 3.74%. The reduction of 15 basis points is likely to be met with similar deals from other major lenders; many alternative lenders have already reduced rates but the Big 5 have been holding back. “Banks could’ve […]

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11 Jan

Rate Update: Friday, Jan. 11, 2019

General

Posted by: Kimberly Walker

One of the over 90 Lenders, we work with at Dominion Lending Centers, Valley Financial Specialists Prime Rate: 3.95% Chartered Bank Benchmark Rate: 5.34% E &O.E. • 120 day commitment period • Specials are for new business only and are not available for ARM conversions • Rates and or discounts are subject to change without […]

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17 Dec

5 year weekly feature rates

General

Posted by: Kimberly Walker

Insured Purchase/Transfer: Fixed 3.69% or ARM P-.85% Conventional Purchase/Transfer/Refinance (up to 80%, < 30 year am) Fixed 3.89% or ARM P-0.55% Insured Stated Income (65.01 – 90%): Fixed 3.69% or ARM P-.85%   Brought to you by:   Cindy and Kimberly Walker Dominion Lending Centres Valley Financial Specialists 778-828-6186 or info@@WalkerRealEstate.ca www.WalkerMortgages.ca

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12 Dec

Ban renovictions. Let all condo owners rent out their units, B.C. task force says

General

Posted by: Kimberly Walker

Rental housing group makes 23 recommendations for improving B.C. rental system B.C. should end nearly all renovictions and prevent strata corporations from banning rentals in condo developments, the province’s task force for rental housing has recommended. The task force presented the government with 23 recommendations Wednesday, meant to offer more protection for tenants and security […]

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12 Dec

Love It or List It Features:

General

Posted by: Kimberly Walker

14149 16th Avenue, South Surrey 5,040 sq. ft. home – 6,148 sq. ft. lot 7 Bedrooms – 7 Baths – Legal Suite Built by trusted and experienced Castleview Homes Interiors by Simran, Inspirational Interiors. $1,998,000

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11 Dec

We have some good news!

General

Posted by: Kimberly Walker

With a drop in our 5 year conventional rate to 3.89%. The following rates has also been reduced: Business for Self Stated Insured  65-90% Loan To Value @ 3.69% Business for Self Stated Insurable up to 65% Loan To Value @ 3.74% The following rates apply for our posted rate for terms 1-4  years and […]

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11 Dec

Housing starts snap downward trend

General

Posted by: Kimberly Walker

There was an improvement in the 6-month moving average of Canadian housing starts last month. Figures from CMHC show a seasonally adjusted annual rate of units of 210,038, up from 204,460 in the previous month and ending four months of declines. “The national trend in housing starts increased in November, following four consecutive months of […]

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10 Dec

BC property assessments to reflect easing market

General

Posted by: Kimberly Walker

Property taxes in British Columbia have been generally trending higher for years but the softening market in many parts of the province is set to snap that trend. BC Assessment bases its assessments on values on July 1st each year and says that when assessments begin to reach households early in January, many will see […]

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