Rates are definitely a hot topic these days! DLC now has their own economist, and here’s what she has to say about the direction of rates, both in the short term and later this year. I think I’m going to enjoy hearing and posting her updates, as previously we’ve relied on the chief economists of […]
I am a member of the mbabc: the mortgage broker association of british columbia, which represents the province’s mortgage industry and has a mandate to support and enhance professionalism and ethical standards. MBABC Global TV Advertisement: They hold an annual conference and trade show, and this year’s two day event is the 25th silver anniversary. […]
A big congratulations to realtor Marshell Forster with Coldwell Banker Tri-Tel Realty in Maple Ridge, or winning the referral contest, a TRIP FOR TWO TO HAWAII!!! Not surprising, as she had multiple entries, so of course I am glad to see such a strong referral partner take the win. That said, it only takes one […]
DLC Canadian Mortgage Experts’ Rebecca Awram was quoted in a story in the Globe and Mail. HOME OWNERSHIP STRATEGIES How much mortgage should you and your spouse carry? Let’s imagine a nice Canadian couple, Karen and Steven. Their credit rating is good, their jobs steady, household income secure. They’re prime meat for banks hungry to […]
NOW STARTING AT 3.45%!! What is a second mortgage? A second mortgage is a lien on your property in the second position behind your first mortgage. This is considered by most lenders in British Columbia to be a higher risk position, and thus their second mortgage rates are typically priced according to this risk. As […]
Good people can have bad credit and can still get a mortgage! We all face bumps in the road…. there can be many reasons why we have damaged our credit and find out at our local BC bank that we can’t get us the mortgage we had hoped for. Late payments, collection items, and disputed […]
Canadian Real Estate Magazine Almost two-thirds of condo owners do not know or incorrectly assume their building’s insurance will cover damage to another unit from water or fire that originated in their unit, according to research from Allstate Insurance.
Macleans.ca One after the other, Canada’s big banks have all hiked-up mortgage rates this week. Why? In large part, it has to do with the U.S. recovery.
MoneySense Backing out of a mortgage early? You probably won’t be able to avoid fees entirely, but you can limit them.
Economy Snapshot by Rebecca Awram – March, 2021March 11, 2021 - 6:17 pmRATES This week I had a realtor ask me if I would work with her clients, they were eager to meet me, as long as I could match the “xxx%” that their Bank was offering them. Obviously if they were happy with their bank, the service, the strategy, the communication, the turnaround times and the […]
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