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 […]

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 […]

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 […]

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

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 […]

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

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 […]