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2016-10-14 | 11:48:55

Mortgage Regulations and Affordability

Joel's Mini Blog: In the News this week - Hi Team,Lower rates this week. see belowAlso, 2 most important points regarding new Mortgage regulations.Clients Qualify 20% less than their MAXIMUM mortgage value, (Clients should be still ok to...

2016-10-03 | 13:06:30

New Regulations, higher qualifying rate

Joel's Mini Blog: In the News this week - As of Oct. 17, the government says “all insured homebuyers must qualify for mortgage insurance at an interest rate the greater of their contract mortgage rate or the Bank of Canada’s...

2016-09-16 | 10:58:29

New regulations, new rates will get a bit more expensive for a mortgage in Vancouver

Joel's Mini Blog: In the News this week - The government one more time is tightening mortgage underwriting rules that will come in effect in November this year, I predict less lending (consumer's debt ratio) also, banks are forced now to...

2016-09-12 | 11:34:49

The initial impact of the Vancouver Foreign Buyer Tax

When it comes to real estate forecasting in Canada, Don Campbell of REIN is at the pulse of things...here are his thoughts on the impact of the recently implemented foreign tax in Vancouver...there's no spin in here, just good information for a...

2016-09-07 | 10:34:00

RATES ON HOLD AGAIN, BANK OF CANADA, Vancouver Mortgages

Bank of Canada Hold Overnight Rate at 0.5% - DR. SHERRY COOPERChief Economist, Dominion Lending CentresThe Bank of Canada’s decision to hold rates steady once again was very much as expected, even though first half growth was well below...

2016-08-30 | 12:04:24

Study on Vancouver Mortgages - average Canadian family spent more on taxes than food and housing combined last year

VANCOUVER Mortgage- The Fraser Institute calculates that the average Canadian family paid $34,154 in taxes of all sort last year, including "hidden'' business taxes that are passed along in the price of goods and services purchased.The Vancouver...

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