Tag: Canadian mortgage

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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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 Company Puts the Power in Borrowers’ Hands

New Mortgage Company Puts the Power in Borrowers’ Hands

The Northshore News released an inciting article this March that covers WiiBid’s overarching goal of shifting the power dynamics within the mortgage industry by putting the power back in borrower’s hands. The newly released article outlines valuable statements from the company’s founder and Chief Executive Officer, Amin Eskooch who capitalizes on the lack of transparency […]

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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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5 Reasons People Are Turning To Private Mortgages In 2021

5 Reasons People Are Turning To Private Mortgages In 2021

Why opt for a private mortgage over a traditional mortgage? Every situation is different and there are a lot of variables however these are five of the main reasons why you would opt for a private mortgage over going to a bank.   1. Self-employed Someone self-employed who does not necessarily have a steady source […]

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5 Tips to Get the Best Canadian Mortgage Rates in 2021

5 Tips to Get the Best Canadian Mortgage Rates in 2021

purchase of your life. Shopping for a quality mortgage product is a key ingredient in that journey a choosing the right home starts with choosing the right mortgage. While most mortgage shoppers often feel that getting approved for a mortgage is almost like winning a marathon, at WiiBid, we feel it’s the other way around […]

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