Tag: mortgage

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 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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Bidding Wars & Tax Incentives In Real Estate

Bidding Wars & Tax Incentives In Real Estate

When the world changed this time last year, we saw unemployment rates at a low with the decrease in the housing market and mostly every other market. Today, a year later we now see the prices of homes in Canada on an uprise, with many homes going hundreds of thousands of dollars over not only […]

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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 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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DIY Mortgage Platform Featured In The Georgia Straight!

DIY Mortgage Platform Featured In The Georgia Straight!

Buying a property and keeping up with the expenses can be stressful, which is why homeowners need the best mortgage rates possible. It’s not “Home Sweet Home” without a sweet mortgage! That’s why WiiBid, B.C.’s latest innovative mortgage and lending platform, helps consumers find low financing rates by using machine learning and auction technology. Consumers […]

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2021 BC Real Estate Trends – Tips to Succeed in a Seller’s Market

2021 BC Real Estate Trends – Tips to Succeed in a Seller’s Market

There used to be a time when downtown Vancouver was one of the most desired destinations, particularly as the central location for business activities, commercial, nightlife, entertainment, some of the best cousins, bars, and the most popular business hub for the city. With the pandemic at play, downtown living doesn’t seem to have all the […]

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Considering A Private Mortgage? Learn About Their Value!

Considering A Private Mortgage? Learn About Their Value!

Trust me, I get it. Most folks tend to wait around for lower rates, a better deal, or a discounted price. I grew up in a household where waiting just a bit longer was always the safest method when it came to purchasing just about anything. Nonetheless, in the context of mortgage hunting, it may […]

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