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Will This Pain Ease Anytime Soon?

Will This Pain Ease Anytime Soon?

If you’re gainfully employed and in a fixed rate mortgage, especially one taken at under 2%, you may well be saying, what pain? If your in a variable rate mortgage with a static payment, you may also be asking; what pain? We are after all a nation at, or near,...
Did We Overpay?

Did We Overpay?

Did we overpay? A question at the top of many recent buyers minds. Also a statement coming out of some ‘helpful’ friend or relatives mouths, ignore them… they don’t know how to do math, and also they’re always the black cloud anyways aren’t they. What follows is math...
Will Your Payment Increase by 45%?

Will Your Payment Increase by 45%?

This was the headline, just another in a long list of what is essentially fast-food for the brain. Short Version Stop watching/reading the news – it’s primary purpose is to generate fear.Stay variable – especially if you’re at Prime-1.00% or...
Cooling Off & Blind Bidding; What’s It All About?

Cooling Off & Blind Bidding; What’s It All About?

‘cooling off’ !!! – seriously… I needed to cool off before writing this post. The Video link is all the written words that follow – your choice. What’s the (provincial) government talking about doing now? Short Version Nothing that will bring prices down,...

The Most Important Question This Spring

[vc_row][vc_column width=”1/1″]Short Version:   The most important question a home-seller must ask their Broker or their banker this spring: ‘Do I QUALIFY to port my mortgage?’   You must re-qualify to port your mortgage to a new property,...