4 WAYS TO MAKE THE MORTGAGE PROCESS SMOOTHER Mortgages are complicated—we get it! But there are steps that you as a homebuyer can take to make the process a much smoother one (plus let you walk away with the sharpest rate!) 1. Use a Broker This should be the first step you take when getting […]

Bank of Canada Holds Steady…for now! I hope you have had a fabulous summer. While September will have no decrease in the Bank of Canada prime rate, there is room for variable rates to move down.  Here is the full report from today Bank of Canada release and the next meeting is Oct 30th 2019. It […]

August 29, 2019 – The C.D. Howe Institute’s Monetary Policy Council (MPC) has recommended that the Bank of Canada keep its target for the overnight rate, its benchmark policy interest rate, at 1.75 percent at its next announcement on September 4, 2019, before lowering it to 1.25 percent by March 2020. The MPC provides an independent assessment […]

The First-Time Home Buyer Incentive helps qualified first-time homebuyers reduce their monthly mortgage carrying costs without adding to their financial burdens. Read more details here: First Time Home Buyers Incentive Angela Calla is a 15 year award-winning woman of influence mortgage expert. Alongside her team, passionately assisting mortgage holders get the best mortgage, and educating them […]

Homes sales across Canada rose for the fifth consecutive month and recorded a double-digit increase compared to a year ago in part aided by interest rates, according to the Canadian Real Estate Association. However, sales in Vancouver and Toronto, the two largest domestic markets, remained “well below” the levels achieved before mortgage stress tests were […]

About twice a year, one of the big Canadian banks likes to run an advertising campaign for their cash back mortgages. These are mortgages usually with 5 year terms where you receive a certain percentage back in cash. The percentage varies from 1% to 5% in most cases. You can use these funds to build […]

There is always a lot of talk about the growing debt in the personal finances of everyday Canadians. And to some extent, it may be true. No doubt, many consumers have gotten used to throwing things on a credit card and then moving on to the next big purchase. The federal government was so concerned […]

Oftentimes even the most organized and detail oriented first-time homebuyer can overlook some unexpected costs that come with the purchase of their new home. We are outlining four of the costs that we most commonly see overlooked by homebuyers in hopes that we can better prepare you—and save you from a few surprises!   Closing […]

The Women’s Collaborative Hub (WCH) is looking for unsung women heroes to honour and celebrate. Nominations are open for the third annual WCH Women Influencer Awards, put on by the group that encompasses Coquitlam, Port Coquitlam, Port Moody, Pitt Meadows and Maple Ridge. This year’s event will be held Nov. 17 at the Hard Rock […]

With the return of a buyer’s market, finally a reduction in the qualifying rates assists both people buying a home or people looking to access to their equity to take advantage of the situation. If you are currently shopping for a home, review your pre-approval with your mortgage broker. On a $500,000 mortgage, the new […]