March 2015

Most Canadian Would Choose A Fixed-Rate Mortgage Today

Posted on Mar 30, 2015

If they were arranging a mortgage today most Canadians would opt for a fixed-rate loan rather than risk volatility with a variable deal. That’s the finding of a survey by Nielsen for CIBC, which revealed that 57 per cent would prefer to have certainty in their repayments. A similar survey last year had 48 per cent choosing a fixed-rate while in 201...

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Two Major Banks Lower Key 5 year fixed rate

Posted on Mar 21, 2015

In what could be seen as a strategic move just on the doorstep of the busy spring market BMO and TD have reduced their key 5 year fixed rate https://www.cbc.ca/news/business/bmo-td-lower-interest-on-5-year-fixed-mortgage-to-record-low-2-79-1.2997939

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North Vancouver Real Estate Market February 2015*

Posted on Mar 16, 2015

Predictably, the Spring market has arrived in full force across Vancouver, perhaps a little earlier than usual thanks in part to the tremendously mild winter we’ve been having (cherry blossoms, anyone?). 
Here’s the rundown: 
Single Family - Detached February saw a sharp increase in both inventory and sales across the entire North Shore and Vancouver’s...

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Prices are cooling everywhere except red hot Vancouver/Toronto

Posted on Mar 15, 2015

Believe it or not there are similarities between Vancouver and Toronto that support the market...both bordered by water and a greenbelt, an enormous number of people wanting to immigrate and live there. Low supply + High Demand. https://globalnews.ca/news/1880961/home-prices-are-cooling-everywhere-but-red-hot-vancouver-toronto/

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