[vc_row][vc_column width=”1/1″]Some facts, and some thoughts on the recent movement we have seen with regard to interest rates. VARIABLE & SHORT-TERM FIXED Variable-rate and short-term (1, 2, & ~3 yr) fixed are largely dictated by Bank of Canada...
[vc_row][vc_column width=”1/1″]Have you found the house of your dreams? But there is already an accepted offer in place? OK, but are there outstanding subjects on the offer? Perhaps there’s a ‘subject to sale’ with a 72-hour trigger clause against the...
[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...
[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...
[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...
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