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Canada: The Housing Market has stabilized in October

Canada: The Housing Market has stabilized in October

Home sales have increased 1.3% from September to October, the first adjusted gain in eight months. However, one should not assume that this is going to be the beginning of an upward trend but more like a stabilization as sales are 35.6% below the February level. With...
What affects my mortgage rate?

What affects my mortgage rate?

What affects my mortgage rate? In todays market, you can no longer simply ask “what is the best mortgage rate.” Lenders look at many factors that decide what options and rates are available to every client. Here is a quick list of the most important items a lender...
Cooling Off Period Coming to BC

Cooling Off Period Coming to BC

Cooling Off Period Coming to BC A new homebuyer protection period will protect people in B.C. looking to buy a home from being pressured into high-risk sales. The measure is the first of its kind in Canada. The mandatory three-day period will give homebuyers an...