Interest rates rising: Are you living on the edge?   By GoldenGirlFinance.com | GoldenGirlFinance.com   Canada’s benchmark interest rate has been at 1 percent for more than two years and, as a result, a lot of Canadians have gotten pretty comfortable floating along on a cloud of cheap debt. Unfortunately, most economists agree that the […]

Most Canadians dream about buying and owning their first home. A significant rite of passage, buying a home is not only a big financial deal, it’s a big life deal.   Most people assume it’s better to buy a home than to rent, and to be honest, I have a bias toward home ownership, too. […]

How Much Does The Mortgage Rate Matter?  Often times, borrowers are   fixated on their mortgage rate because it’s the one aspect of their home   financing they know to ask about. But, it’s important to look beyond mere   rates into the bigger picture surrounding what’s significant when it comes to   your specific mortgage […]

News Release: February 4, 2013 HOME SALES SLOW TO NEAR HISTORIC LEVELS IN FRASER VALLEY AS BUYERS WATCH AND WAIT FROM SIDELINES (Surrey, BC) – A total of 617 sales were processed through the Fraser Valley Real Estate Board’s Multiple Listing Service (MLS®) in January, a decrease of 23 per cent compared to 799 sales […]

BCREA revises Fraser Valley’s 2013 forecast On January 30, BCREA’s senior economist Cameron Muir released the first quarter housing market forecast for BC including breakdowns for Fraser Valley and Greater Vancouver. The 2013 predictions for Fraser Valley have changed since last fall, becoming more conservative. Muir still expects home sales to increase in 2013 compared […]

January 14, 2013 Title Insurance Tidbits                         Title insurance is usually an afterthought for people getting a mortgage. But it’s becoming more of a decision point since so many lenders now require it. The purpose of title insurance is to protect you if there’s […]

Farewell to INGArticle written by Boris Bozic     I feel like that old man slowly watching his friends die off; checking every day to see if his name has made into the obituary section, realizing it hasn’t he goes about his day. In the short time that I’ve been blogging I’ve written a few […]

Thanks to Stuart Herder for this! Things Your Burglar Won’t Tell You! THINGS YOUR BURGLAR WON’T TELL YOU . Read all the way to the end. You just might learn something that will save you the hassle of having your home burglarized. I am particularly interested in the part about the wasp spray… 1. Of […]

News Release: January 3, 2013 FRASER VALLEY REAL ESTATE SALES AT LOWER LEVELS IN 2012 (Surrey, BC) – Fraser Valley’s real estate market in 2012 will be remembered as the year buyers and sellers took a breather reflecting quieter sales, an average number of new listings and prices overall remaining flat. The president of Fraser […]

Almost “Riskless and Costless” Lending   “Insured mortgage lending is almost riskless and costless to lenders.”—Finn Poschmann (Source)   Really?   This statement implies that lenders are getting a free lunch off the taxpayer’s back…that lenders reap all the profits and offload almost all their risk to unsuspecting Joe Sixpack and Grandma Millie.   Let’s […]