Continuing the notable trend witnessed this year, the benchmark price for all home types in Metro Vancouver experienced further growth in June. The region’s home buyer demand intensified, causing a collision with a scarcity of available homes for sale. The outcome? Rising prices and a market that continues to exceed expectations across all segments.
Continue reading →Mortgage Rates
Will Collections Impact Your Mortgage?
A question that comes up from time to time when discussing mortgage financing is, “If I have collections showing on my credit bureau, will that impact my ability to get a mortgage?” The answer might have a broader implication than what you might think; let’s spend a little time discussing it.
Continue reading →Bank of Canada Interest Rate Announcement
It’s hard to say what will happen for rates because we don’t have a crystal ball on that front. The Bank of Canada seems to be holding the prime rate steady without any reductions expected
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