Programs You May or May Not Have Heard of: Purchase Plus Improvements – The ability to incorporate renovations into your purchase whether it be a new bathroom, suiting the basement or new windows – our lender and insurer partners may be able to assist at best rates for more information on these programs reach out!
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December Update – 2022 Good afternoon, I am sure many of you heard the latest update from the BOC in relation to the overnight rate hike by an additional 50bps (0.50%) bringing the rate to 4.25% and the corresponding prime rates should move in the days ahead to 6.45% with many lenders and 6.60% with
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The question has been top of mind for many Canadians and people around the globe surrounding the state of the world. From climate change, instability in nations around the global financial concerns, inflationary pressures, supply chains, COVIDs impact on how we live and operate, and geopolitical concerns in nations around the globe. The world is
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The BOC increased the target for the overnight rate to 3.25% with continuing its policy of quantitative tightening. The banks, nonbanks, credit unions & private lenders – will all adjust their prime lending rates to follow the announcement in the days ahead. Lenders will adjust their prime rates respectively to 5.45% from 4.70%. *May differ
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As we come into more challenging times financially, with needing two bags of chips to satisfy a craving due to ‘shrinkflation’ – who knew our chips would take such a crunch with rising inflation. I’d like to discuss preparing for the costs associated with owning a home. Many of us have spent many years saving
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As we have all been waiting for the latest announcement by the Bank of Canada – which took place this morning. They went in aggressively deciding to rise the BOC (Bank of Canada) overnight lending rate by an additional 100bps or 1%. This rate is utilized by the banks to determine the rate to which
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This week has obviously been a very tough one here in British Columbia. First of all want to thank all incredible hard-work done by first responders and everyone who risked disaster and helped out however they could. My heart breaks for the people of Hope, Abbotsford, Merritt and the many other places around the province impacted
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‘The mortgage industry is strongest when it’s diverse, inclusive and welcoming, and the achievements of the leading women in this space over the past year are clear proof of why it’s so important to have as many influential female voices at the table as possible. By rising to the top and providing a shining example for
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It’s been an incredible few weeks and wanted to share my latest round of news (as teased a few weeks ago); we are now property owners on the incredibly beautiful Pender Island! I had been thinking about a secondary property for a while and keeping an eye on the market and things in general over
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With a passion for education & professional development, advocacy and government relation and a strong passion for educating future and current homeowners what Mortgage Professionals Canada & all the brokers nationally can offer clients’ who seek professional, sound, educated and most importantly OPTION’s when it comes to financial solutions. My goal is to assist in moving
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