Who, What, When & Why? Short version; Who? – This impacts new buyers with less than 20% down payment who are purchasing properties below $1,000,000.00 What? – Three changes; No more borrowing a down payment (gifted down payment remains OK)New minimum...
[vc_row][vc_column width=”1/1″]New mortgage rules are headed our way this fall, and they will affect you. Short Version: As of this fall (no specific date set yet) you will qualify for 25% less mortgage money than you do today. Long Version:...
Following a similar post 363 days ago of the same title…this post is a very brief summary of two much longer ones written earlier today. You may click the links that follow for the long version. As we race into the holiday season, a few brief notes for first-time...
[vc_row][vc_column width=”1/1″]This is good news, albeit with some challenges to be addressed, and likely to have a very small effect (miniscule even) – but still it is good news! On Dec 15, 2016 the BC Government announced that it is...
[vc_row][vc_column width=”1/1″]Happy Turkey-Day! What do these changes mean for you? If you are actively shopping for a home and have less than a 20% down payment, your new maximum purchase price Oct 17 (likely sooner) will be REDUCED by 20%...
7ads6x98y
