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 […]

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 […]

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 […]

November was another lean month for the Vancouver residential real estate market. Home sales totaled 1,606 across the Metro Vancouver area, down 18.2% from October and down 42.5% year-over-year. The total is 34.7% below the 10-year average for November. “Home buyers have been taking a wait-and-see approach for most of 2018. This has allowed the […]

Insured 5 year fixed at 3.49% – 45 day rate hold Lowest Rates on the Market >>>>>>>>>>>>>>>>>>>>>>>>>>> Call Kimberly Walker Today: 778-828-6186 *Subject to buyer qualification. Rates can change without notice.  

Criminal networks could have used British Columbia’s real estate market for more than $1 billion of money laundering. A secret police report, obtained by Global News, reveals that crime networks are linked to 10% of the 1,200 luxury real estate purchases in the Lower Mainland included in a police study in 2016. These include a […]

The introduction of new regulations in British Columbia could lead to a delay or cancellation of thousands of new rental homes. A total of 19,972 homes are currently in development across the province but two thirds – 12,000 – could be at risk if the B.C. government imposes restrictive new policies on rental properties. A […]

Cooler conditions for British Columbia’s home sales remained in October as the impact of mortgage regulations continue to impact the market. Sales were down 26.2% year-over-year with 6,405 homes sold through the MLS system. The average MLS residential price was down 4.1% to $690,161. British Columbia Real Estate Association (BCREA) says that total sales dollar […]

As expected the Bank of Canada has boosted its trend-setting overnight rate by a quarter of a percent to 1.75%.  It is the 5th hike since rate increases began in mid-2017.  The bank rate is now above 1.5% for the first time since December 2008. The central bank has also signaled its intention to continue […]