Advice for Single Homebuyers
April 4, 2017 by Adil Virani
Filed under Home Series, Latest News, Latest Rates, Mortgage FAQ, Recent News, Selling Your Home, Vancouver Mortgage Broker
Advice for Single Homebuyers More than a third of first-time homebuyers in Canada are single. If you’re thinking of joining this group, here’s what you need to do and know before jumping into homeownership. Study the market. Identify neighbourhoods you want to live in and check to see how much properties in that area are […]
STARTLING GAP BETWEEN THE LIFESTYLE EXPECTATION AND REALITY OF CANADIANS 40+
January 20, 2017 by Adil Virani
Filed under Home Series, Latest News, Latest Rates, Mortgage FAQ, Recent News, Selling Your Home, Vancouver Mortgage Broker
STARTLING GAP BETWEEN THE LIFESTYLE EXPECTATION AND REALITY OF CANADIANS 40+ Startling Gap Between the Lifestyle Expectation and Reality of Canadians 40+Over the last few years, we have seen many retired Canadians outliving their retirement savings and requiring a financial solution to help them live the rest of their retirement. In the media alone, there […]
Bank on Hold As Housing Expected to Continue to Slow
January 18, 2017 by Adil Virani
Filed under Home Series, Latest News, Latest Rates, Mortgage FAQ, Recent News, Selling Your Home, Vancouver Mortgage Broker
Bank on Hold As Housing Expected to Continue to Slow It is no surprise that the Bank of Canada maintained its target overnight rate at 1/2 percent today, reaffirming its view that the Canadian economy is still operating with considerable slack despite strong employment growth and inflation remains below the 2 percent target. The policy […]
5 COMMON MISTAKES TO AVOID WHEN SHOPPING FOR A MORTGAGE
January 12, 2017 by Adil Virani
Filed under Home Series, Latest News, Mortgage FAQ, Recent News, Selling Your Home, Vancouver Mortgage Broker
5 COMMON MISTAKES TO AVOID WHEN SHOPPING FOR A MORTGAGE 5 Common Mistakes To Avoid When Shopping For a MortgageAvoid these 5 common mistakes, and you will have no problem getting your mortgage faster, more efficiently, and with a clear understanding of the process: 1. Thinking banks are the first and best place to go […]
Canada is world’s fifth most prosperous
November 1, 2016 by Adil Virani
Filed under Home Series, Latest News, Latest Rates, Mortgage FAQ, Recent News, Selling Your Home, Vancouver Mortgage Broker
Canada has ranked fifth in a league table of the most prosperous countries but there are some risks which could topple its position. London-based think tank Legatum Institute ranks New Zealand, Norway, Finland and Switzerland above Canada with Australia just behind and the US in 17th place. However, health and education are two areas where […]
Housing still cheaper in popular U.S. snowbird states than 2006 peak levels, new report shows
October 24, 2014 by Adil Virani
Filed under Home Series, Latest News, Latest Rates, Mortgage FAQ, Recent News, Selling Your Home, Vancouver Mortgage Broker
TORONTO – Housing prices in popular U.S. snowbird destinations are rising but are still below peak levels seen in 2006, says a new report. The outlook by BMO Financial Group says overall, housing prices in the U.S. have increased by 20% in the last two years, but are only about halfway to the peak levels […]
Getting a divorce? Here are four things to consider before selling your real estate
October 15, 2014 by Adil Virani
Filed under Home Series, Latest News, Latest Rates, Mortgage FAQ, Recent News, Selling Your Home, Vancouver Mortgage Broker
About 70,000 Canadian marriages end up in divorce every year. It’s an emotional decision that is almost impossible to decouple from the financial implications that follow. Financial planners often say divorce is one of the worst decisions you can make, at least from a personal finance point of view. We know that, in general, married […]
Here’s Why Mortgage Credit Growth In Canada Has Been Slowing
September 22, 2014 by Adil Virani
Filed under Home Series, Latest News, Latest Rates, Mortgage FAQ, Recent News, Selling Your Home, Vancouver Mortgage Broker
The latest reading from Statistics Canada shows that Canadian household indebtedness increased in the second quarter, with the ratio of household credit market debt to disposable income rising from 163.1 to 163.6 percent. This increase was primarily attributable to weak income gains over the course of the quarter, as mortgage debt – which makes up […]
Canada’s most expensive housing market not headed for crash, says credit agency DBRS
August 27, 2014 by Adil Virani
Filed under Home Series, Latest News, Latest Rates, Mortgage FAQ, Recent News, Selling Your Home, Vancouver Mortgage Broker
A leading credit rating agency says Canada’s most expensive housing market may not be all that affordable for the average family, but despite that no major correction is coming Vancouver’s way. DBRS looked at 39 markets in Canada, the United States and Australia, releasing its focus feature on Vancouver Wednesday. “Based on historical data, the […]
Canada’s most expensive housing market not headed for crash, says credit agency DBRS
August 7, 2014 by Adil Virani
Filed under Home Series, Latest News, Latest Rates, Mortgage FAQ, Recent News, Selling Your Home, Vancouver Mortgage Broker
A leading credit rating agency says Canada’s most expensive housing market may not be all that affordable for the average family, but despite that no major correction is coming Vancouver’s way. DBRS looked at 39 markets in Canada, the United States and Australia, releasing its focus feature on Vancouver Wednesday. “Based on historical data, the […]