Changes announced to federal mortgage stress test beginning in April
Posted on Feb 24, 2020
News from the world of finance as the government has announced that they will be changing the stress test rate for insured mortgages starting April 6.
The change will allow the rate to “be more representative of the mortgage rates offered by lenders and more responsive to market conditions.”
According to the release the new minimum qualifying rate wi...
The change will allow the rate to “be more representative of the mortgage rates offered by lenders and more responsive to market conditions.”
According to the release the new minimum qualifying rate wi...
Yaletown & Coal Harbour neighbourhoods seeing greatest pressure on prices
Posted on Feb 18, 2020
Condo and townhouse prices for downtown Vancouver aren't anywhere near the highs seen in 2018 but it appears a recovery may be under way in parts of the downtown market.
The Yaletown and Coal Harbour HPI price index has shown an upwards trend over recent months and as we approach the busy spring market cycle its very likely this upwards pressure cou...
On the lighter side ... cooking with wool!
Posted on Feb 04, 2020
This will save your grocery budget pretty significantly but has the consequences of all high fibre diets!
Metro Vancouver sales rise as supply remains low - REBGV
Posted on Feb 04, 2020
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,571 in January 2020, a 42.4 per cent increase from the 1,103 sales recorded in January 2019, and a 22.1 per cen...