Category: Uncategorized
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Five Questions To Ask Before You Refinance Your Mortgage
Refinancing a mortgage involves replacing an existing loan with a new one, often to secure a lower interest rate, shorten the loan term, or access home equity. Key considerations include motivation, length of stay, interest rate changes, available equity, and closing costs. The process requires financial documentation, home appraisal, and closing paperwork. Benefits include potential…
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Happy Holidays
The middle of winter has long been a time of celebration around the world. Many peoples rejoiced during the winter solstice, when the worst of the winter was behind them, and they could look forward to longer days and extended hours of sunlight.Popular modern customs include gift-giving and the display of various holiday decorations.Here's wishing…
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آیا رأی دادگاه درباره Cowichan میتواند بر ارزیابی املاک بریتیش کلمبیا تأثیر بگذارد؟
رأی دادگاه عالی بریتیش کلمبیا که حق مالکیت ارشد را به Cowichan Tribes بر بخشی از املاک خصوصی در Richmond اعطا کرده، ممکن است بر ارزیابیهای آتی املاک تأثیرگذار باشد، هرچند به دلیل زمانبندی، تأثیر آن بر ارزیابیهای سال ۲۰۲۶ هنوز مشخص نیست. کارشناسان درباره دامنه این رأی اختلاف نظر دارند؛ برخی آن را محدود…
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How To Increase Your Odds Of Securing A Mortgage When Self-Employed
Getting a mortgage as a self-employed individual is challenging due to income variability and stricter lender rules. To improve approval chances, increase your down payment to lower loan-to-value ratio, maintain a strong financial cushion, reduce existing debt to improve debt-to-income ratio, boost your credit score, and establish at least two years of positive business cash…
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بهروزرسانی بازار مسکن کانادا: نوامبر ۲۰۲۵
معاملات مسکن در کانادا در اکتبر ۲۰۲۵ با رشد ۰.۹ درصدی همراه بود و در هفت استان با وجود تردیدهای اقتصادی، روند صعودی داشت. فروش سالانه ۰.۹ درصد کاهش یافته که عمدتاً ناشی از افت در انتاریو، بریتیش کلمبیا و آلبرتا است، هرچند بریتیش کلمبیا و آلبرتا در اکتبر رشد داشتند. کاهش نرخ وام متغیر…
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Preparing to get a mortgage
Before applying for a mortgage, check your credit report for errors and ensure a good credit score to avoid denial or co-signing requirements. Lenders assess your income, expenses, debts, and credit to calculate your gross debt service (GDS) ratio, which should not exceed 39%, and total debt service (TDS) ratio, which should stay below 44%.…
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Confidence Slow to Return in Vancouver Housing
Vancouver home prices slipped 3.4% from last month. Sales activity remains low, with little sign of immediate market recovery. Presale condo buyers face appraisals often lower than agreed purchase prices. First-time buyers cautious amid economic uncertainty and slow housing market rebound. Experts predict it may take a calmer market before confidence improves.
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Vancouver Nears Housing Goal: 85% of Target Reached
Vancouver has completed 8,988 new housing units in two years, reaching 85% of the provincial target. City staff expect to exceed the five-year goal of 28,900 units by 2028, with 30,900 units projected to finish. Uncertainty remains due to construction capacity, financing issues, slower population growth, and declining pre-sales. Rental and condo prices softened in…
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How to get a mortgage in Canada: From application to closing
Getting a mortgage in Canada involves several steps, including organizing your credit, determining affordability, choosing the mortgage type, comparing lenders, and applying for pre-approval. Key factors include your credit score, which should ideally be 680 or higher, and your yearly income, which varies by location. The process can take from 24 hours to 10 business…
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How Is Vancouver’s Condo Market Performing in Mid-Fall 2025?
Vancouver’s condo market is slowing, with low margins, rising inventory, and paused projects. Stronger developers are holding steady or taking on low-margin work, while weaker ones are selling assets and cutting staff. Some builders are shifting to rentals or buying distressed projects, but most say it’s too early for a full rebound. Population uncertainty, due…