Each Office Independently Owned & Operated
Posted by: Adam Sale
How to Spot the Opportunity in Vancouver’s Changing Real Estate Market – May 2022 The real estate market is changing, in this video I’ll explain how the average buyer will miss the bottom of the market because they will be focused on the wrong data. I also share some tips on how your buyers can […]
Read MorePosted by: Adam Sale
Bank of Canada Increases Overnight Interest Rate Where’s the best deal? Where do we go from here? Bank of Canada Increases Rates by 0.50% → Still lower than 2019 rates – Watch Video Bank of Canada increased their overnight lending rate to 1.00%, this is still 0.75% lower than pre-pandemic levels. This rate hike will […]
Read MorePosted by: Adam Sale
What are Government Bonds? Government bonds are essentially I.O.U’s issued by the government to fund their public programs. These I.O.U’s provide a great option for investors with excess cash looking for a safe place to park their money to generate a return on their investment (rate-of-return). Because bonds are backed by the Canadian government and […]
Read MorePosted by: Adam Sale
I believe we are at the beginning of a shift in the Vancouver housing market. I’d like to provide you with an update with what we’re noticing in the Mortgage market and how this will likely affect Vancouver housing market. Since September 2021 Canada’s 5-yr bond yields have increased from 1.59% to 2.28%. This has […]
Read MorePosted by: Adam Sale
How I help my clients keep their purchasing power even during increasing stress-test requirements! If you know anybody doing a pre-approval and is looking to qualify for the largest amount possible, please have them speak with me to avoid qualifying at the increasing stress-test requirements. Fixed mortgage rates have exploded over the last month and now […]
Read MorePosted by: Adam Sale
Increase Your Rental Property Purchasing Power Instantly! Purchasing a rental property is an excellent way to create wealth in real estate, and finding the best mortgage solution is necessary in making this investment a success! To qualify for a rental mortgage the borrower is relying upon rental income to offset their expenses on their new […]
Read MorePosted by: Adam Sale
Bank of Canada holds benchmark interest rates steady in final decision of 2021 The Bank of Canada made its eighth and final (scheduled) interest rate decision of the year and for the eighth time, left its overnight benchmark unchanged at 0.25%. Outlook: Stimulus continues The Bank continues to expect CPI inflation to remain elevated in […]
Read MorePosted by: Adam Sale
How will Bank of Canada’s recent development affect you? The Bank of Canada announced they are no longer printing money to purchase the Government of Canada’s bonds, but what does this mean for the consumer, and where are mortgage rates going in the near term? Ending the bond buying program is the initial step required […]
Read MorePosted by: Adam Sale
Is a 25-year mortgage, or a 30-year mortgage better? Amortization is the total length of time it takes to pay off a mortgage. The most common mortgage lengths in Canada are 25-years and 30-years. Deciding which mortgage length to choose will depend on your personal financial goals. A great rule-of-thumb is: 25-year mortgage for owner-occupied […]
Read MorePosted by: Adam Sale
How to Purchase a 2nd Home with a 5% Down-Payment Did you know you can purchase a 2nd home or a vacation property with as little as a 5% down-payment? That’s right, these mortgage products are available to home-owners, renters and first-time home buyers! Why don’t more people take advantage of this program? Lack of […]
Read More