2020 was one of the most strangest year’s ever as we all know. One of those strange things was how amazingly busy the market was, even with a couple month break due to shut downs and so forth. I was still able to, with the help of my amazing clients, friends and family, achieve a […]
Blog
Property Transfer Tax in BC
How much is the property transfer tax in BC and how can I be exempt from it? First Time Buyers, having never held title to a home anywhere in the world, can be exempt from this tax if you purchase for $500k or less. From $500k – $525k there is a partial exemption. If you […]
It’s All About The Property
When your mortgage application goes through the approval process, they are not only looking at you, but also the property in question. In fact, sometimes when an application is denied it has nothing to do with you, and everything to do with the property. To improve your chances of success when it comes to financing, […]
Why Are Interest Rates Rising?
Over the past month, the Bank of Canada has lowered its overnight rate by a whopping 1.5 percentage points to a mere 0.25%. Many people expected mortgage rates to fall equivalently. The banks have reduced prime rates by the full 150 basis points (bps). But, since the second Bank of Canada rate cut on March […]
Finally decided to make it official!
I’ve been doing mortgages for many years and have had the name MarStel Mortgage Planning for many as well. I’ve always used the brokerage where I hang my license’s name. Today it’s official, I’ve re-branded! It’s simple and easy, the way I like things! Hope you like it!