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Tag: canadian mortgage rates

Avoid FOMO and Prep for BC’s Rising Markets

Avoid FOMO and Prep for BC’s Rising Markets

According to RBC economics, “the coming months could see prices accelerating further with some of the stronger increases taking place in smaller markets”. This has led to a vast number of buyers going full force in resales fueled by low interest rates, changing housing needs, high household savings, and perhaps nervousness about the increasing prices […]

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Winning the Bidding Wars in a Red-Hot Market

Winning the Bidding Wars in a Red-Hot Market

The market is the hottest it has been in sometime, due to record breaking mortgage rates and the increase in demand for relocating! Most of us relate when we say that the process of buying a new home can be stressful, and that is especially the case when it’s a seller’s marketing meaning that there […]

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Are Mortgage Rates Going Up In 2021?

Are Mortgage Rates Going Up In 2021?

With the pandemic affecting many in different ways, the surprising consistency and growth of the Canadian housing market throughout 2020 and early 2021 has experts stunned. Though many factors play a part in this, the outcome is as expected: home prices have skyrocketed in urban centers and local markets are running red-hot!  According to BNN […]

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