Canadian Reverse Mortgage Debt is Increasing But Is It for You?
Canadian seniors now owe 6.7 billion in reverse mortgage debt. And it is rising quickly. A reverse mortgage is a loan you take out against
Canadian seniors now owe 6.7 billion in reverse mortgage debt. And it is rising quickly. A reverse mortgage is a loan you take out against
Title fraud and mortgage fraud has been in the news the past month. There were several articles that highlighted the increasing number of title fraud
The Metro Vancouver real estate sales in February were 33% below the 10-year February average. Remember January’s sales were 42.9% below the 10-year average. So while the sales
There were quite a few articles written about the foreign buyers’ ban on residential property. It is a 2 year program designed to protect real
The real estate market in Vancouver started slow in January. In fact, 42.9% below the 10-year January sales average. New listings are slowly trickling in.
Currently housing affordability in Vancouver is the worst since in 1981 when the mortgage rate peaked at 20%. You know how the government promises affordable
Happy New Year! Hope you had a fantastic holiday season. 2022 was an extreme year for real estate in Vancouver. It started very strong with
Starting January 1, 2023, a couple of measures to cool the real estate market will come into effect. The timing is a little off but
With at least one more rate increase by the Bank of Canada overhanging the real estate market in Metro Vancouver, sales continue to be slow