Not so fast kids, you may not get the family cottage – ask a Vancouver mortgage broker

Children hoping to inherit the family cottage may be in for a surprise, says a British Columbia financial institution. BlueShore Financial surveyed 498 of its clients between July 7 and 14 and found among those who own cottages 61% don’t plan on passing the property on to their children. Chris Catliff, the president and chief […]

Gen Y: Don’t believe the hype on home ownership – Ask a Vancouver Mortgage Broker

The housing boom of the past decade has given young adults a whole lot of debt and some pitiful gains in net worth. The twenty- and thirtysomethings of Generation Y who are entering the market today are in for worse treatment. A mindset for those who choose to buy a house: It’s about lifestyle, not […]