(604) 725-0675
Text or Call

Blog

Blog

New Mortgage Rules for Canada

How Canada’s New Mortgage Stress Test Affects You Since January 1, 2018, all Canadians renewing or refinancing a mortgage are required to pass a stress test to prove that they can handle a 2% interest rate increase. 2% might not sound like much to some, but it’s a lot, particularly when dealing with homes that cost […]

Read more

Can Canadians Deduct Mortgage interest from their Taxes?

Can Canadians Deduct Mortgage Interest From Their Taxes? The short answer for most Canadian homeowners is no. While our American neighbours get to claim interest on their mortgages as a tax deduction, the Canadian tax system simply does not allow it. There are exceptions, however, so read on to learn more. How Come Mortgage Interest […]

Read more

Mortgage Refinancing: The Most Overlooked Financial Strategy

There was a time when dad went to work, mom stayed home to raise 4, 5, 6, 7 (or more) children on dad’s wage, and everyone lived comfortably in a nice house and drove a newer car. Times have sure changed! Inflation has driven costs higher, and it’s driven them faster than our wages have […]

Read more

The Top 4 Questions That Mortgage Brokers Get Asked Every Day

In our office, we have a lot of people coming in or contacting us via email or phone about a mortgage. And we tend to get the same questions all the time (don’t worry, we love it!) So we compiled a little list of the top 4 questions we get asked all the time: Questions […]

Read more

An Open Letter from a Mortgage Broker, For First Time Home Buyers

Dear Prospective Homeowner, I see you standing there in the lobby of a real estate brokerage, staring nervously at brochures and pointing excitedly at different houses. Your face is still awash with the gleam of possibilities. Right now, it’s about what your perfect home will look like. But there will be practical, financial matters to […]

Read more

Debt Consolidation: Is It Right For You?

So, you’ve incurred debt that is proving difficult to get rid of and are thinking of debt consolidation to pay it off. If you have racked up some credit card debt, or taken a loan to go back to school but found that jumping back into the job market has taken a bit longer than […]

Read more

A Basic Primer on Mortgages

Getting a mortgage to buy your next home is probably the largest financial decision you’ll ever make. So it makes sense to get a good handle on what mortgages are available for you so you can choose the right one for your needs. The best place to start is to think of mortgages as being […]

Read more

Tips on Getting the Best Mortgage Rates

It goes without saying that finding the best mortgage rate is on every home buyer’s mind. This is hardly surprising given housing market and slow-moving economy. But even though the “best mortgage rate” terminology is such a loud part of public dialogue, it is important to know it is also often misused. Buying a home, […]

Read more

Vancouver Mortgage Market: For Savings, Start Here

So you want to buy a home. Few things are more exciting than that initial burst of optimistic dreaming as you start thinking about the possibilities. And most people start by getting in touch with their bank to find out how much they qualify for. But if you want to spend less, save money over […]

Read more

3 Lessons | Learned From My Mortgage Broker – Guest Post

My wife and I just moved to B.C from another province somewhere east of here. We sold our home – the only one we’d ever owned as a couple – and moved to B.C because of a job promotion. During the transition, as we await the shipment of our stuff, we are going through that […]

Read more