Vancouver mortgage broker

Are house prices in Canada on the decline? TD thinks so… Or at least a “moderate correction” The average price of a resale home in Canada will fall by more than 10 per cent over the next couple of years, an analysis by TD Economics predicted Wednesday. Calling it a “moderate correction,” the rep...

Apparently, the finance ministry’s legal oversight of the pink elephant, aka CMHC, was long overdue… In March, Maclean’s warned that the Canada Mortgage and Housing Corporation, the quasi-governmental insurer that underwrites $500 billion of residential mortgages, answers to no one—not Canada’s ...

You may be surprised to learn how long certain information, actually stays on your credit bureau. As you probably know, credit is one the most important factors in the mortgage approval process. The length of time that information must stay in your report depends on: the province or territory whe...

From now on you may want to reconsider paying $23.95 to Equifax for your credit score. You might be surprised to hear that what you get, may NOT be what you expect. You like me, probably believe that when you pay the additional $23.95 to Equifax, you’re getting the score that lenders rely on to ...

This is an extremely informative excerpt from the book “Buying Real Estate in The US” as it appeared in the Globe & Mail A Rare Opportunity “It’s too good to be true.” While this statement is usually true, it appears to not be the case when talking about the real estate investment opportunities ...

Imagine losing $50,000 or MORE? That’s exactly what the caller in the video below stands to lose. All because she didn’t know the difference between a Pre-Approval and a Pre-Qualification. It’s a common story. Client attends a showroom, likes what they see, writes an offer, gives a deposit and a...

That’s the question on every homeowners mind. There are two key survival strategies. The first is to think long term, have a plan and stick to it. History shows that this plan of action can pay off. The second tactic is to outperform the market. This means ensuring your property increases in val...

Here’s last word on the new mortgage rules coming down the pike on March 18th. I’m not going to rehash the rules as I blogged about them here, but I will answer the top two questions I’ve been receiving of late. Question #1: What happens if I enter into a contract to purchase a property and the ...

If your credit is less than stellar, applying today may actually make your credit worse. Don’t get me wrong, I’m not saying don’t apply. I’m saying, don’t apply yet. Do you suspect there may be an issue with your credit, if so, you’re better off pulling your bureau yourself. Your score will not ...

Selling your home can be tough if you are not showcasing it to its highest potential. To present your home in this manner though, you do have some work cut out for you. Yes, you will need to hide the clutter and dress up your home while it’s on the market. This will enable you to get the best po...