Category: Uncategorized

Focus on financial readiness, not timing, to become a homeowner in 2025 despite market concerns.
Pay off debt and improve your credit score to qualify for better mortgage rates and options.

Define your financial goals by considering short-, medium-, and long-term priorities like saving, investing, or major purchases.Gather essential financial documents, including investment statements, insurance policies, mortgage details, and debt information for a clear financial picture.

Insulate pipes and maintain stable heating to prevent freezing and bursting during ice storms.
Keep gutters, grates, and drainage systems clear to avoid ice buildup and potential water damage.

Metro Vancouver faces challenges due to a potential $43B GDP loss, but optimism shines through.
Natural resources still drive Metro Vancouver’s economy, making it resilient amid trade uncertainties.

The Bank of Canada is projected to cut rates to 2.50% by July, until early 2027 before increasing it.
Canada’s GDP is forecasted to grow 1.8% in 2025, with housing strength as the biggest upside factor.

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!

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.

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.

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