Amid the mortgage rate increases by both TD Bank and RBC Royal Bank, everyone is talking about rising interest rates and the housing market. If you've been dreaming of a new home, you may be feeling discouraged with all the noise out there. We are here to...
There's nothing like owning your own home in the Okanagan. Many people dream of owning their own home, when the time comes to turn that dream into reality there are a few things potential home buyers will need to know about getting a mortgage. ...
An announcement made in the beginning of October by Finance Minister Bill Morneau has been causing a lot of discussion recently. In an attempt to cool the hot housing market, governments have been rolling out new rules for mortgage financing. It started with the foreign real estate tax implemented...
Buying a home is one of the biggest emotional and financial decisions you'll ever make, so it's important to prepare yourself to make a knowledgeable decision. The mortgage process can be a smooth and almost uneventful process, or an unnerving one. Either way, a great...
Image Credit: Black Press The Provincial government has announced it will impose a a 15 per cent property tax on all foreign real estate buyers in Vancouver effective August 2nd, 2016. After months of government refusal to intervene in a heated urban market, Finance Minister Mike de Jong...
Homeowner decisions made easy The real estate market in Kelowna is hot right now, we are seeing record breaking trends in residential sales despite less supply and more demand, which is pushing pricing back to the peak it was at in 2008. A number of factors...
It's currently a seller’s market in Kelowna with residential real estate prices climbing after what some dubbed the ‘six year slump’. Despite many fearing an economic relapse due to the Alberta oil crisis, Kelowna is witnessing the emergence of a micro-economy dependent upon technology and...
I'm happy to announce we've been nominated for Best of Kelowna 2016! Thank you to our clients and friends for all your support, I am proud to have developed such strong relationships in our community. It's thanks to all of you that we have gained...
Investing in B.C. real estate has proven to be a fairly stable financial move even throughout the last few years of fluctuating markets, with a trend of increasing prices while interest rates stay low. And the trend is set to continue. The Okanagan Mainline Real Estate...
Penalty calculations, porting restrictions, refinance limitations, fully closed terms, appraisal fees and collateral charges, does this all sound confusing, complicated and, well, costly? The terminology of buying a house can be difficult to navigate, for most people it’s a whole new language. Perhaps the most frightening...