Smart Tips For Using Your Credit Card

Tis the season to be generous but beware of the temptation to overspend and overuse credit; some smart tips for using your credit card over the holiday season.  If you you plan to give your credit card a bit of a workout this Christmas consider a few tips and details which may save you some […]

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Holiday Spending Plan

Only a few weeks till Christmas and I know what you are thinking; I need a holiday spending plan.  If you are like most people you are thinking of time with family, friends and what gifts you are going to buy for everyone – so probably not. But really a holiday spending plan isn’t a […]

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Making a Real Estate Investment

With so much data on the Internet it can be a challenge to find housing market data when choosing a new place to call home or when making a real estate investment. There are many tools out there you can use to but the best source is usually a professional realtor who knows the particular […]

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New Credit Reporting and What It Says About You

New credit reporting and what it says about you and your spending habits  may make all the difference between your buying a home now or later. When home buyers contact me to apply for a mortgage I always review their credit report with them along with the rest of their application before they start looking […]

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Mortgage and Housing Statistics

There is a lot of information out there on the Internet and sometimes too much so people avoid checking it out.  I have gathered some basic information about Mortgage and Housing Statistics to share which may be of interest.   Market statistics 7 percent of condos in Vancouver are empty 2.3% of condos are owned […]

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The Real Value of Title Insurance

I am often asked by clients about the real value of title insurance, why they need to have and pay for it.  Whether you are a home buyer or a home owner simply refinancing the mortgage on your home you will need title insurance.  Once I explain the reason and need for title insurance the […]

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How Does a Drop in the Prime Lending Rate Affect You?

So how does a drop in the prime lending rate effect you? Since the two rate drops to the prime lending rate in January and July 2015 I have had many calls about what the change means and what to do next. Any changes to your variable rate mortgage will happen only if the Bank […]

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Mortgage Insurance Fees Rise June 1,2015

Mortgage insurance provided by CMHC, Genworth and Canada Guaranty will increase for homebuyers with less than a 10% down payment. The mortgage insurance fees rise June 1, 2015,  by approximately 15%. For the average Canadian homebuyer who has less than a 10% down payment, the higher premium will result in an increase of approximately $5 to […]

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How much do you need to earn to own a home across Canada?

There is no question it is getting more expensive to live in most major cities.  How much do you need to earn to own a home across Canada? Market Update – March 2016. The average Canadian home is now worth more than $500,000 for the first time ever. Monthly sales data from the Canadian Real […]

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