B.C.'s largest fire now 'held'
Grain exports rebound
Beloved patio closing
Mountie injured at airport
'A storm for the ages'
Songwriters join hall of fame
Palace reveals ledger stone
Test-fired missile toward sea
NASA delays rocket launch
GM converting for EVs
Mortgage rates to stay high
Loss of editions 'important'
Warriors sweep island trip
Rockets let one slip away
Sun clinch BCFC title
Biden surprises Elton John
Legend, Teigen learning live
Spears' ex-husband speaks
Mortgage Matters
Finding the money for home renovations
Are you living with a circa 1980s-style bathroom, carpet on the floor, cracked tiles, a leaky shower or an old bathtub? Or would you love to upgrade your...
The two primary type of mortgages available for vacation properties
I am getting many requests for cabin or vacation home financing. Often these properties will be categorized into "type A" or "type B" in...
The lowdown on reverse mortgages
A reverse mortgage is a way for homeowners 55 or older to turn up to 55% of the value of their home into tax-free cash. It’s a loan secured against the...
Two types of variable rate mortgages
Do you have a variable rate mortgage? Did you know that not all variable rate mortgages are equal? One is a variable rate mortgage and the other is an...
Credit rating, mortgages
A lack of basic financial knowledge can be the difference between getting a mortgage at a great rate and having a mortgage with an alternative lender where you...
Refinancing your mortgage can help in many ways
One of the questions I get frequently is “Can I refinance or restructure my mortgage mid-term?” The answer is yes. I can help you decide whether...
Hybrid mortgages can work to offset rising rates
A fixed mortgage? A variable mortgage? Why not both? If you are looking at renewing your mortgage this year, you will definitely be facing some payment shock...
Alternative lender mortgages can help in some instances
Everyone likes to believe that they will qualify for the very best rates and terms when they start shopping for a mortgage but this isn’t always a...
New mortgage product helps unlock value of your home
Reverse mortgages have been available in Canada for several years. This mortgage product allows you to get money from your home equity without having to sell...
Self-employed mortgage solutions
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...
How to deal with it if you have income tax owing
For people who are self-employed, the tax filing date hasn’t changed and taxes must be filed by June 15, 2022. Any payments for the current tax year are...
getting to know reverse mortgage options
There are several different and flexible reverse mortgage options available depending upon your individual needs. Here are the facts about each product to help...
Questions to ask yourself when renewing your mortgage
When your current mortgage is getting close to its maturity date, you will need re-negotiate your mortgage. This is the opportunity to decide on the new term...
Dealing with rising mortgage interest rates
Over these past few weeks, we have seen an increase in fixed-term mortgage rates at all of our lenders. Most of the banks including the Royal Bank, TD Canada...
What the Bank of Canada's rate Increase means for you
As predicted the Bank of Canada increased its overnight lending rate by 0.25% last Wednesday. The overnight rate determines what rate banks use to lend money to...
What you need to know about real estate investing
Purchasing and investing in real estate has always been attractive for those who are looking to generate additional income and benefit from the wealth created...
Ue equity in your home to help in other areas
Home values for some properties in the Okanagan have increased at least 30% and in some cases even more. It doesn’t appear that values are going to...
How to avoid derailing your mortgage approval
Even if you’ve been pre-approved by your bank or a mortgage broker, you could unwittingly derail your mortgage financing. Here are four items that could...
It a good idea to review your mortgage annually
I get it, mortgages are boring! Why would you want to revisit your mortgage every year? Your mortgage is likely the largest investment you will ever make but...
Home owner savings programs
This is a busy time of year but it is also a good time to review your finances by knowing what resources, grants and rebates are available for new and current...
