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Wednesday, July 24th, 2019

What you need to know before, and after, buying a condo- ask a Vancouver Mortgage Broker

What you need to know before, and after, buying a condo ROB CARRICK.  –  The Globe and Mail    Your life as a homeowner will likely include some time in a condo. Condos suit young adults, and retirees who want to downsize. As houses rise in price, more people in between those extremes may opt […]

Condo correction not in the cards for Toronto, Vancouver, says new report – Ask a Vancouver Mortgage Broker

The rental housing market has “passed it peak” but condominium investors can probably rest easy because vacancy rates will only edge up slightly, says a new report.   How Canada’s new immigration rules could slow high end real estate sales Canada’s luxury housing market has already been impacted by changes to immigration policy and could […]

What you need to know before, and after, buying a condo – Ask a Vancouver Mortgage Broker

What you need to know before, and after, buying a condo ROB CARRICK–  The Globe and Mail Your life as a homeowner will likely include some time in a condo. Condos suit young adults, and retirees who want to downsize. As houses rise in price, more people in between those extremes may opt for condos. […]

Women the new ‘wildcard’ in the condo market – Ask a Vancouver Mortgage Broker

Megan Vickell is a new brand of condominium owner that people predicting a market crash may have forgotten to factor in. She’s young, single and ready to buy her first home. And, more importantly, she’s female — part of a growing demographic that just might be creating a new paradigm in the housing sector. A […]

No ugly downturn for condo market, even in Toronto: Consult with a Vancouver Mortgage Broker

TARA PERKINS – REAL ESTATE REPORTER The Globe and Mail A new report from the Conference Board of Canada predicts that the much-watched condo sector will avoid an ugly downturn, even in Toronto. Economists and policy-makers are keeping a close eye on condos, especially in the country’s most populous city, where cranes dot the sky. A […]

Evidence mounts of soft landing for Canada’s housing market – Consult with a Vancouver Mortgage Broker

You’d have to see rates move dramatically higher for a major correction Canada’s housing market is showing signs of a soft landing amid evidence of robust demand and buoyant new construction plans. Home prices in Toronto, Canada’s most-populous city, rose 5.4% in May from a year ago, the biggest increase in five months, the Toronto […]

Young families looking to lock in long-term – Consult with your Vancouver Mortgage Broker

By Donald Horne Brokers, it may be time to check in with those young clients you helped into a condo five years ago. Dollars to donuts, they’re now looking for houses and the kind of long-term mortgage that spells big bucks for brokers. “They are telling me they want a 5-, 7- or even 10-year fixed […]

What women want and why you should care – Consult with a Vancouver Mortgage Broker

By Natalka Falcomer Women are taking over the world. More 20- and 30-something-year-old women are graduating from professional schools, starting their own businesses and earning higher incomes than their male cohorts. The rise of “girl power” has also played out on the real estate stage; it was young professional women who largely fuelled the recent […]

Are stubborn sellers killing the real estate crash? – Ask a Vancouver Mortgage Broker

Like many others, Toronto public relations manager Megan Vickell is sitting on the real estate sidelines dreaming of bargains to come. What direction are home prices headed? Depends on who you ask After a dropoff in sales, the debate over the future of Canada’s housing market has come down to an argument over how much […]

Do Single Home Buyers Face More Challenges Than Couples? – From your Vancouver Mortgage Broker

Do Single Home Buyers Face More Challenges Than Couples? – From your Friendly Mortgage Broker If you’re a single person and thinking of buying a home, you might be wondering if it’s time to buy a home and what sort of obstacles you could face when applying for a mortgage. As a Vancouver mortgage broker, […]

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