Category: Blog

Find out how you can get your children in the housing market!

Find out how you can get your children in the housing market!

  Are you shocked with Canadas Mortgage rates on a rapid rise? Have trouble getting your children involved in the housing market? 90% of first-time B.C home purchasers in B.C receive assistance from their parents. High housing prices in B.C. make it difficult for first-time home purchasers to rely on their parents for down payments. […]

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BC’s Top 5 Most Affordable Large Cities

BC’s Top 5 Most Affordable Large Cities

If you could live anywhere in BC, where would you live? To help you answer this question, Zolo Homebase has compiled a list of Top Most Affordable Cities in BC. The ranking considered cities of more than 100,000 people and considered three factors when coming up with a score: housing affordability, economic strength, and potential […]

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One-Click Mortgages Help Borrowers Win the Bidding Wars

One-Click Mortgages Help Borrowers Win the Bidding Wars

Financing a home can often be stressful, demanding, time-consuming, and exhausting. Some may consider the process as a “bidding war” as it often brings many casualties to your finances. However, to help combat these obstacles, Tri-City News introduces the Vancouver-based company, WiiBid, as a seamless system for online, one-click mortgages. The article describes WiiBId’s platform […]

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New Mortgage Stress Test Rate Brings More Stress To Homebuyers

New Mortgage Stress Test Rate Brings More Stress To Homebuyers

While the Canadian housing market has been kind to sellers, homebuyers have had to deal with a series of costly hurdles in Canada’s ongoing and eventful housing market full of supply shortages, growing and pent-up demand, red hot prices, and bidding wars. And now, the federal government is effectively adding another significant hurdle on the […]

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Canada’s “Bubbly” Housing Market Could Be Risky for Homebuyers

Canada’s “Bubbly” Housing Market Could Be Risky for Homebuyers

Canada’s real-estate market has entered a bubble with two new reports, reinforcing fears among housing experts who believe that the housing market is becoming further detached from the fundamentals. Bloomberg, the global news and data firm, generated a “Bubble Ranking”, consisting of country scores based on home buying and real-estate factors: costs of buying a […]

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6 Tips for First-Time Home Buyers in BC

6 Tips for First-Time Home Buyers in BC

Making your first home purchase in BC can be a difficult process. Having to deal with finances, fees, and the surge in home prices in the past few months altogether may lead you to feeling discouraged. According to a recent poll from the Royal Bank of Canada (RBC), more than a third (36%) of non-homeowners under 40 […]

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BC Fintech Equips Homebuyers with the Right Mortgage Tools

BC Fintech Equips Homebuyers with the Right Mortgage Tools

With the current state of BC’s red-hot real estate market, it is more important than ever for Vancouver homebuyers to have access to the right tools and to connect with the right people. And The Province provides homebuyers a glimpse into the innovative tools, technology, and open marketplace, that is WiiBid. The print article features Vikas […]

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Vancouver Fintech Company Joins Forces with BCIT

Vancouver Fintech Company Joins Forces with BCIT

  At WiiBid, we take an integrated approach to product development where inclusion, diversity, partnerships, community, and academia are key ingredients in driving innovation and relevance in the execution of our services and product offerings. Recently, we have had the pleasure of partnering with BCIT for a Business Consultant Project (BCP). Team members Anamika, Phoebe, […]

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BC Fintech Equips Homebuyers with the Right Mortgage Tools

BC Fintech Equips Homebuyers with the Right Mortgage Tools

With the current state of BC’s red-hot real estate market, it is more important than ever for Vancouver homebuyers to have access to the right tools and to connect with the right people. And Vancouver Sun provides homebuyers a glimpse into the innovative tools, technology, and open marketplace, that is WiiBid. The article features Vikas […]

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4 Key Factors to Know When Buying an Investment Property

4 Key Factors to Know When Buying an Investment Property

Real estate investment has always ranked as a top wealth generating investment approach. According to the College Investor, “Over the last two centuries, about 90 percent of the world’s millionaires have been created by investing in real estate”. Considering the competitive market with extremely high demand, unpredictable conditions related to COVID, and the unprecedented low interest rates, […]

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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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One-Stop Online Portal for the Best Mortgage Rates

One-Stop Online Portal for the Best Mortgage Rates

Compare lenders and get approved from the comfort of your own home! Richmond News features WiiBid in their new article as a one-stop shop portal for borrowers to compare lenders and get approved from the comfort of their own homes. The article first highlights the problems many Canadian’s face when trying to obtain a mortgage. […]

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New Mortgage Stress Test: Putting Your Stress Level to the Test?

New Mortgage Stress Test: Putting Your Stress Level to the Test?

Pandemic, Properties and Puppies have been the defining 3 P’s of 2020-2021. Hand in hand with the raging pandemic as we go through multiple waives, the property market is fizzling hot with Canadian sitting on unprecedented levels of household savings. Following 2-3 years of “government induced” cooling in the housing market in the years leading […]

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New Mortgage Marketplace Disrupts Home Financing Industry

New Mortgage Marketplace Disrupts Home Financing Industry

Burnaby Now News introduces WiiBid as an innovative and disruptive mortgage marketplace in their most recent article statement this March. The piece outlines Wiibid’s overarching goal of providing easy access to the best auctioned mortgage rates, revolutionizing the home financing industry by emphasizing transparency for borrowers in such a creative way in a super competitive […]

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Staging Matters: 7 Tips to make the Best first Impression

Staging Matters: 7 Tips to make the Best first Impression

In a seller’s market, you may ask, is staging relevant? The answer is yes. Selling your home can be challenging because we all form memories of where we lived, and we see it as such a valuable thing. While the right person buying your home will likely love it as much as you did, you […]

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