

Top 12 Things to take away from the 2018 BC Government Budget Review
After the 2018 Budget review the BC Government announced the following changes related to Housing Speculation Tax Starting this year,...
Feb 21, 2018


Bank of Canada raises interest rates for the third time in 6 Months!
Bank of Canada has raised their overnight rate by 0.25%, bringing it to 1.25%. Which for most lenders will likely increase their Prime...
Jan 17, 2018


Tighter Qualifications coming Jan 1, 2018!!
Qualifying for a mortgage will be much harder as one will be required to qualify at a higher rate than the actual contract rate...
Oct 17, 2017


Bank of Canada raises interest rates for second time this year
Bank of Canada has raised their overnight rate by 0.25%, bringing it to 1.00%. Which for most lenders will increase their Prime rate to...
Sep 6, 2017


Qualifying Benchmark Rate Increases
The purpose of using a benchmark rate when qualifying for a mortgage is to ensure that one can still manage their mortgage payments if...
Jul 25, 2017


Guidelines on putting together a Rent-to-Own Agreement
Its important to have a Rent-to-own setup correctly at the beginning for the best chance of approval when it comes time to complete the...
Jul 22, 2017


Bank of Canada raises interest rates for first time in 7 years
Bank of Canada has raised their overnight rate by 0.25%, bringing it to 0.75%. Which for most lenders has increased their Prime rate to...
Jul 12, 2017


Increase on Maximum Purchase Price for the Property Transfer Tax Exemption | First Time Buyers
To address housing affordability, the B.C. government announced in its budget for 2017 that it will be increasing the threshold of the...
Feb 21, 2017

