Hello folks! Today we are delivering you our Fast Five for this month–the top 5 things happening in the mortgage world right now that you need to know about. Let’s dive in, shall we? 1. Record Setting Month in Real Estate Both August and September were...
Hello folks! Today we are delivering you our Fast Five for this month–the top 5 things happening in the mortgage world right now that you need to know about. Let’s dive in, shall we? 1. CMHC changes Guidelines for Insured Mortgages (those putting less than...
This week brought about new changes and updates to rates, mortgage and more. It’s a strange world we are living in these days isn’t it? Our new “normal” doesn’t look like what it did just a short 3 weeks ago. We just want to take a moment and remind you that we are...
The Canadian Mortgage and Housing Corporation (CMHC) issued its quarterly housing market assessment and outlook yesterday, suggesting that, for the first time ever, there are “problematic conditions” in housing markets at the national level in Canada (see table below...
Neither predictions of a huge crash or notable recovery came to pass in 2013 as Fraser Valley’s real estate market stayed slow and steady, similar to 2012’s market. Fraser Valley’s total sales volume last year was 13,663 a decrease of 1.5 per cent compared to 13,878...
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