Cabinet minister assaulted
Traces 112 million years old
$5.3M sex abuse suit filed
Free potatoes highlight ban
Secret documents still secret
Plea in fatal hit-and-run
Car lodged at brink of falls
Omicron mostly mild so far
Abortion sanctuary planned
Rail purchase green-lit
Carbon capture tax credits?
Nuvei accuses short-seller
Blazers win big over Giants
Rockets fall in Everett
Coyotes facing eviction
Spielberg's 'West Side' life
Family tragedy for Cannon
Kim thanks Kanye
Mortgage Matters
It's best to get pre-approved for a mortgage when home hunting
With many of the experts predicting mortgage rate increases in the coming months, many homebuyers are rushing to try and buy now before that happens. This is no...
Is it time to lock-in your variable mortgage rate?
Amid soaring inflation, the Bank of Canada has hinted that the first interest rate hike could take place as soon as the April-to-June quarter of 2022. Analysts...
Using money from your RRSP, tax free, to buy your first home
Are you considering purchasing your first home next year? If so, before March 1, 2022 could be the best time to implement this strategy if you are thinking...
Divorce or separation does not have to mean selling your home
You might be going through,, or considering, a separation or divorce. But the end of a relationship does not necessarily mean that you will have to sell your...
Advice for first-time home buyers
If you are a first-time homebuyer, then buying your first home is a very exciting time. But it can also be stressful and you will have lots of...
Mortgage request declined
Applying for a mortgage can be extremely stressful and if you aren’t familiar with the requirements to qualify for a mortgage then even more so. It can be...
Mortgage rules tighter for self-employed workers
It is no longer as easy as it once was for the self-employed to obtain mortgage financing. If you have tried to secure a mortgage recently with an institutional...
Co-signing a mortgage
With the new tighter mortgage qualifying rate at 5.25% and today’s high-priced real estate, it can be very difficult to qualify for a mortgage. Even with...
The best mortgage rates
Even though the frenzy of activity we saw with our spring real estate market seems to have settled down some for the time being, there is a big competition of...
Good debt vs. bad debt
Until recently there was no such thing as ‘good debt’ or ‘bad debt’ as all debt was ‘bad debt.’ Owing money for any reason...
Buying a fixer-upper
Are you thinking about buying a diamond in the rough to transform into your dream home? No doubt it’s easy to be tempted by all of the magical home...
Mortgage broker or bank?
If you’re thinking about buying a new property or taking advantage of today’s low interest rates to consolidate high-interest credit card debt, your...
Monster in your mortgage
If you are a typical Canadian mortgage holder, you will take a fixed rate mortgage (77%)* with a 25-year amortization (90%)* and you won’t increase the...
Mortgage rule changes
Mortgage stress test changes kick in Tuesday. The Office of the Superintendent of Financial Institutions (OSFI) confirmed last week it will move ahead with the...
Refinance, renovate, move?
There is no doubt that the real estate market in and around the Okanagan is hot. There are not enough homes on the market, so we are seeing multiple offers and...
The best mortgage term
Most borrowers focus on finding the best interest rate when they are shopping for a mortgage. That is, of course, important as it determines what amount you...
B.C. vacation properties
It’s looks like we will be spending another summer close to home this year, so rather than COVID-19 slowing down the real estate market, due to pent-up...
Step 1 is pre-approval
The real estate market is on steroids right now so is a mortgage pre-approval important? The short answer is yes and the long answer is yes. It is definitely...
Reverse mortgage FAQs
Reverse mortgages are quite often misunderstood and there are always lots of questions. Here are some of the most frequently asked questions with the answers....
Income tax owing?
Unlike last year, it appears that the CRA will not be extending filing and payment dates due to the pandemic. For people who are self-employed, the filing date...
