If you’ve ever wondered why fixed mortgage rates move up and down, you’re not alone. One of the biggest drivers is something most people never think about: the 5-year Canadian Government Bond Yield. This is something I consistently post on my Instagram account to keep people understanding what’s happening in the market, and to help […]
Understanding Reverse Mortgages
As we grow older, many Canadians find themselves “house rich but cash poor.” For seniors across British Columbia, a reverse mortgage can be a smart way to tap into the equity in their home without having to sell or move. But what is a reverse mortgage, and is it the right choice for you or […]
First Time Buyers Info
📌 1. Can You Afford to Buy in Vancouver? The average home price in Metro Vancouver remains one of the highest in Canada. As of mid-2025, you’ll need at least $80K–$120K in household income and a minimum 5% down payment to get started. 💡 Tip: Consider looking in areas like East Vancouver, New Westminster, or […]
BC Home Flipping Tax In Affect
The BC Home Flipping Tax, introduced under the Residential Property (Short-Term Holding) Profit Tax Act, came into effect on January 1, 2025. This tax applies to profits made from the sale of properties owned for less than 730 days and is designed to discourage speculative property sales, supporting long-term housing stability in British Columbia. This tax is distinct from federal property flipping […]
30 Year, Insured, Amortizations Are Back…
…however, there’s some caveats to that.To get a 30-year insured amortization: