Market News

April 29, 2020

Mortgage Payment Deferrals: A great help when we need it.

 

For many homeowners, this is a time of tremendous anxiety. In normal times we tend to measure the value of our home in terms of our long-term investment. We may think about the financial return as the eventual pay-off when we retire, or when we upsell and move to ...

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Posted in Market News
March 24, 2020

New stress test rules and lower mortgage rates: A double benefit for home buyers – ACT NOW!

 

If you have been concerned about your financial ability to purchase a home in the Great Vancouver area, I have some exciting news for you. There is a rare opportunity for home buyers starting in April. Perhaps you were previously unable to qualify for a mortgage because of the ...

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Posted in Market News
Feb. 23, 2020

Canada’s First time Home Buyers Incentive urgently needs adjustment for Great Vancouver

 

Last year the federal government introduced its First Time Home Buyers Incentive.  The idea behind the program was to provide financial assistance for families across the country to buy their first home. This was to be done with the federal government becoming an equity partner in the home ...

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Posted in Market News