How Has Mortgage Lending Changed Since The Pandemic?
No Comments
The pandemic has changed everything about our lives, how we work, how we socialize, and how we interact in our daily lives. Below is some of the ways the mortgage…
Who’s buying in Vancouver? A look at my clients demographic for 2015.
There is a lot of talk about foreign investors driving the Vancouver market. Unfortunately there just isn’t enough concrete data to back up these claims. Until recently, foreign buyers were…
Choosing Between a Condo and Detached House
Amidst Canada’s growing population, new condo buildings are sprouting up in many Canadian cities and even suburbs to keep pace with growing demand for housing. Toronto and Vancouver have some…
CBC Radio One Interview: Millennials entering the housing market
Millennials make up the second largest demographic in Canada. One by one, we are entering the real estate market as first time home buyers. In my short interview with CBC…
Millennials, avoid these real estate mistakes
As Millennials find their financial footing, some are looking to buy a first home, in many cases later than their parents or grandparents did. (This is not entirely due to real…
Preparing for the spring house-hunting season
The official start of spring isn’t until next Friday (March 20), but here in British Columbia, the flowers are already blooming and temperatures are warming up. Another sign that spring…
Using your mortgage to consolidate debt
Homeowners with high-interest debt may have the option to consolidate that debt into their mortgage through a refinance (however, you typically need at least 20 per cent equity after the…
Run the numbers before refinancing your mortgage
The recent drop in mortgage interest rates has some home-buyers across Canada considering a refinance. Should you? That depends on your situation. If you have a variable-rate mortgage, then you…
How student loans impact mortgage eligibility
When you apply for a mortgage, lenders look at two key metrics–gross debt service (GDS) ratio and total debt service (TDS) ratio–to determine how much money they’ll lend you. So,…
Qualifying for a mortgage after divorce
If you’re among the thousands of Canadians each year who get separated or divorced, then finding and settling in a new home may be high on your priority list as…