Demand for home loans rose on a mini refinance wave, with borrowers pushing to lock in rates before the expected climb later this year. Call today we have a great 3.79% for a 5 year term and variable rate mortgages at prime less .25% or currently 2% on approved credit.

A study of the 50 largest metro areas in Canada has revealed the six most attractive spots to newcomers, regardless of origin. The study, by the Conference Board of Canada, found that regardless of the educational background of the individual, the six most appealing metro areas in the country in terms of ability to attract […]

With the Jan. 31 deadline just around the corner, anyone who still wants to take advantage of the federal government’s popular home renovation tax credit had better hurry. “The most important thing for people to know is that they still have a week to buy and take delivery of materials that they are thinking of […]

Once again, the Bank of Canada announced it would keep the key interest rate at a record-low 0.25 per cent to achieve its inflation target of two per cent. While the Bank said economic growth in Canada resumed in the third quarter of 2009 and there has been a slightly higher than expected rate of […]

New data collected by CAAMP indicates homeowners are borrowing less, not more, than they can afford to borrow Toronto, Ont. (January 14, 2010) – New research using data collected by the Canadian Association of Accredited Mortgage Professionals (CAAMP) from its corporate members strongly suggests that Canadian mortgage lenders and borrowers, including first time home buyers, […]

(Surrey, BC) – Results from Fraser Valley Real Estate Board’sMultiple Listing Service (MLS®) in December reflect the real estatestory of 2009: recovery. “In 12 months, we went from theworst January in 20 years to the third best December,” said PaulPenner, President of the Board. “Home buyers took Boxing Dayshopping to new levels with some Fraser […]

Fabulous 15th floor bachelor unit only $299,000. Perfect get away in White Rock enjoy city and mountain views. Cindy Walker 604-889-5004

Dominion Mortgage Fixed Rates Are Increasing This Evening More finance companies to follow: Call today for a 120 day rate hold. • 1 year fixed rate increases to 2.89% from 2.69%• 2 year fixed rate increases to 3.24% from 3.04%• 3 year fixed rate increases to 3.84% from 3.54%• 4 year fixed rate increases to […]

(Surrey, BC) – Results from Fraser Valley Real Estate Board’s Multiple Listing Service (MLS®) in December reflect the real estate story of 2009: recovery. “In 12 months, we went from the worst January in 20 years to the third best December,” said Paul Penner, President of the Board. “Home buyers took Boxing Day shopping to […]

The bond yields have been rising throughout the holiday season, spreads are at pre August 2007 levels and although Bank’s have not raised rates during the Holidays, MERIX FINANCIAL does anticipate that Bank’s will raise rates next week (perhaps by as much as 20 to 30 bps).  Call Cindy Walker 604-889-5004 for a rate hold […]