Breaking news! Interest rates at pre-pandemic levels, mortgage rates at all-time low, announces Fed.
It's a dream come true for homebuyers who have been waiting for the perfect time to enter the market!
Dream on… Happy April Fool’s Day!
Author: admin
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Happy April Fool’s Day
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Fixed Rate Mortgage: Switch or Not?
Switching from variable to fixed mortgages avoids penalties and locks in predictable monthly payments for financial stability.Variable rates fluctuate with the economy, while fixed rates remain constant throughout the mortgage term.
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Vancouver Real Estate Sales Hit a Stale Point in Mid-Q1
Home sales in Greater Vancouver fell 11.7% year-over-year in February, reversing months of recovery.
New listings increased by 10.9% year-over-year, bringing total active listings to 12,744, a 32.3% rise. -
5 Easy Steps for Getting Your First Mortgage
Get Prepared
– Check credit score (680+)
– Ensure stable income (3+ months)
– Save for down payment (5-20%)
Assess Debt
– Calculate GDS (max 39%) and TDS (max 44%)
– Maintain a low debt-to-income ratio -
BC Budget 2025 waits to meet the moment
BC Budget 2025 reflects a cautious approach amid economic uncertainty, lacking a clear strategy to address US tariffs. While it includes a $4 billion contingency fund, it fails to inspire confidence or present innovative solutions. The budget maintains funding for essential services but does not address pressing issues like K-12 education, food security, and the aging population. Promises of support for affected sectors are made, yet the overall tone is one of waiting and uncertainty, leaving British Columbians without a clear path forward.
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5 Essential Home Insurance Tips for First-Time Homeowners
Assess your property’s value and risks to determine your unique home insurance coverage needs.
Researching a reliable insurance broker ensures the best advice, value, and appropriate coverage for your needs. -
Happy Nowruz
Nowruz is a 3,000-year-old festival, making it one of the oldest in the world.
Haft-Sin is a Nowruz table, featuring 7 symbolic items, all beginning with "sin" and representing different aspects of life.
Nowruz celebrated by over 300M worldwide, including Iran, Afghanistan, Tajikistan, Uzbekistan, Azerbaijan, and many more.
Nowruz is a time for forgiveness and visiting loved ones to exchange gifts and good wishes.
The wind whispers of a safer and happier year ahead. Happy Nowruz! -
British Columbia’s Mortgage Services Act: What’s Changing?
The Mortgage Services Act (MSA) will fully replace the Mortgage Brokers Act (MBA) in 2025.
In 2025, the BCFSA will regulate mortgage services, introducing new licensing and compliance standards. -
Single & Secure: Financial Planning Tips
Sharing expenses with friends or family, like splitting groceries or carpooling, helps reduce costs.
Establishing an emergency fund ensures financial security; aim to save 3-6 months of expenses. -
Happy St. Patrick’s Day
St Patrick's Day is the day we all turn a bit Irish.
13 million pints of Guinness are consumed worldwide on St. Patrick's Day.
Green is now the traditional color of St. Patrick's Day.