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Interest Rates & More

Interest Rates & More

Interest Rates Last week we touched on TD’s 0.15% move with existing variable-rate mortgage clients. There is nothing new to add this week as TD remains the only lender to make such a move with variable-rate clients. Perhaps TD backs down soon, perhaps other banks...
What Happened With Prime?

What Happened With Prime?

[vc_row][vc_column width=”1/1″]Did Prime go up?   No.   Did my Variable rate mortgage rate change?   No, not unless your variable rate mortgage is with TD.   So the Bank of Canada did not raise rates?   No, in fact they are more...
Real Estate Stats; The Sky Is Not Falling

Real Estate Stats; The Sky Is Not Falling

[vc_row][vc_column width=”1/1″]Numbers; the bane of our modern existence. We increasingly put our faith in, and base decisions on, what the numbers tell us. Which is to say we allow our decisions, and mindset, to be shaped by the people filtering and...
Market Averages, Government Intervention, & Reality.

Market Averages, Government Intervention, & Reality.

[vc_row][vc_column width=”1/1″]In the Vancouver market, we often hear about the benchmark price, the average price, and the median home price. Usually that of a specific neighbourhood or municipality.   However, what buyers rarely hear is the average...
108 Year 7 month Amortization… Totally Cool Says The Fed!

108 Year 7 month Amortization… Totally Cool Says The Fed!

[vc_row][vc_column width=”1/1″]July 2015 I wrote 136 words on this topic, hoping that the image alone would get some traction. It was a pretty insane image to a numbers geek like me – linked here.   Perhaps this 381 words worth will garner more...