[vc_row][vc_column width=”1/1″]The average person if stopped on the street and asked; Are today’s low interest rates driving up house prices? Would likely say ‘yes’. They would be wrong. And we can let their lack of understanding pass,...
[vc_row][vc_column width=”1/1″] Defining ‘unaffordability’ Critics of real estate ownership often cite the average detached Vancouver house price against household income, e.g., ‘Today the(Vancouver) median income is $71,660 and the average...
A dilemma for clients and Brokers alike. Short version; Engage your Mortgage Broker for a better understanding of this product. HomeEquity Bank Guarantees that the amount to be repaid will never exceed the fair market value of your home at the time that it is sold. No...
Amid a few more ‘sky is falling’ headlines it felt appropriate to inject some basic logic into the equation. Although I personally continue to foresee prolonged low interest rates, it is worth doing the math on what the cost of interest-rate hikes actually...
If you are retaining your residence as an investment property (rental) and moving on to your next home, there’s one very important first step. Before you do anything else, evaluate your current financing and look for opportunities to achieve the maximum leverage...
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