General Angela Calla 7 Oct
Navigating your clients through change to assist with homeownership goals Recent changes in the housing market present exciting opportunities for homebuyers. As a realtor, your role is crucial in guiding clients through these updates, helping them build effective plans to achieve their homeownership goals by having them reach out to a mortgage broker to see […]
Read MoreGeneral Angela Calla 27 Sep
Falling interest rates have raised hopes of a market resurgence Affordability struggles and eyewatering house prices may have weighed down homebuying activity in British Columbia over the past two years – but falling interest rates are set to spur a busier market for the remainder of this year and into 2025, with mortgage brokers already […]
Read MoreGeneral Angela Calla 27 Sep
Welcome to the September issue of my monthly newsletter! It is already September and I am excited to share my latest newsletter with you! This month, I have some details about the upcoming Fall market, along with expert tips for staging your home! Scroll down for all the details and have a great month. 2024 […]
Read MoreGeneral Angela Calla 27 Sep
Welcome to the August issue of my monthly newsletter! I hope you’ve had a fantastic summer so far! This month, I am excited to give you some tips on paying off your mortgage faster. Plus, learn my favourite ways to cut energy costs and save. Scroll down for all the details and have a great […]
Read MoreGeneral Angela Calla 25 Sep
Banking regulator to relax stress-test rules for homeowners switching lenders at mortgage renewal. Canada’s banking regulator is set to relax mortgage rules for homeowners who switch banks when they renew their loans. The Office of the Superintendent of Financial Institutions (OSFI) will no longer require banks to apply the mortgage stress test on borrowers who […]
Read MoreGeneral Angela Calla 25 Sep
The Attainable Housing Initiative (AHI or Initiative) provides approximately 2,600 strata leasehold homes at an initial 40 percent below market value at the Heather Lands in Vancouver. The Initiative is intended to provide homes that middle-income, first-time homebuyers can own themselves and live in. It is not intended as an investment vehicle, to generate homes for rent, or […]
Read MoreGeneral Angela Calla 25 Sep
In today’s ever-changing mortgage environment, we understand the challenges, especially when it comes to understanding as a clients the intricacies of Interest Rate Differential (IRD) penalties. We’re here to support you every step of the way. Our products that we offer you before we go to one of the big banks are designed to not only meet your immediate needs […]
Read MoreGeneral Angela Calla 18 Sep
In my recent Global News segment, I discussed exciting updates that could make a big difference for homebuyers and those with upcoming mortgage renewals. Here are some key takeaways to share with you and your loved ones: Insured Change Cap: This isn’t just for First Time Buyers—it benefits right-sizers who could be moving up the […]
Read MoreGeneral Angela Calla 17 Sep
More Good News On The Canadian Inflation Front The Consumer Price Index (CPI) rose 2.0% year over year in August, the slowest pace since February 2021, and down from a 2.5% gain in July 2024. core inflation measures averaged 2.35% y/y and excluding mortgage interest, headline inflation was a mere 1.2%– well below the Bank’s […]
Read MoreGeneral Angela Calla 16 Sep
Exciting News to Help Homebuyers and Those up For Renewal Annouced This Morning, Top Points from Today’s Mortgage Changes Announcement: Higher Price Cap for Insured Mortgages: Starting December 15, 2024, homebuyers can purchase properties up to $1.5 million with less than a 20% down payment. This adjustment allows more homes to qualify for insured mortgages, […]
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