Catherine Ellis, Mortgage Professional - 778-835-4565 info@cefinancial.ca “Change creates opportunity, be one step ahead & take action and make an informed decision for your borrowing needs.”

Catherine Melville explains the secondary suite rules in British Columbia

Unlocking Housing Potential in BC with the $40,000 Secondary Suite Grant

Introduction to the Secondary Suite Incentive Program: British Columbia’s housing market faces significant challenges, including affordability and availability. In response, the provincial government has introduced the Secondary Suite Incentive Program (SSIP). This initiative aims to encourage homeowners to create new secondary suites by offering a forgivable loan of up to $40,000. This financial support covers

Christmas Budget ideas from Catherine

Budgeting for the Holidays: Smart Financial Tips for a Festive Season

The holiday season is a time of joy, celebration, and giving. It’s also a time when expenses can quickly add up, potentially straining your finances. However, with some careful planning and creative thinking, you can enjoy a wonderful holiday season without breaking the bank. In this blog post, we’ll explore various budget-friendly tips to help

Catherine Ellis Melville is an expert Mortgage Broker in Kelowna BC

Update – BC Changes rules for short term rentals

This week brought noteworthy updates from the BC Government, specifically the introduction of the Short-Term Rentals Accommodations Act. Here’s a breakdown of key points you should be aware of: The act introduces a new principal residence requirement that limits short-term rentals to: The host’s principal residence, which is the dwelling where an individual resides for

Cultivate + Evolve Celebrates Positive News for Canadian Homebuyers

Good News for Canadians: OSFI’s Responsive Decision Eases Mortgage Regulations In a positive turn of events for Canadians in the housing market, the Office of the Superintendent of Financial Institutions (OSFI) has made a decision that reflects the concerns and feedback shared by industry stakeholders and consumers alike. This decision, announced after nine months of

House with the flag of Canada. Immigration to Canada. Buying real estate. Houses for rent in Ottawa. Property price. Acquisition of real estate in another state.

Canadian Economic Snapshot: Falling Confidence, Shifting Demographics, and Implications for Rates

In recent months, Canada’s economic landscape has experienced notable shifts that are raising concerns among households and businesses alike. This blog post explores the current economic situation, delving into declining consumer confidence, changing demographics, and their potential implications on interest rates and the housing market. Consumer Confidence Hits Lows: Consumer confidence in Canada has taken a