Buying A Manufactured / Mobile Home
When it comes to purchasing a home in Nanaimo there is literally something for every conceivable taste, need and budget. If you decide to explore the local marketplace it quickly becomes apparent the city has […]
Should you get pre-approved for a mortgage? Ten things to know
“Putting your full faith in a mortgage pre-approval is like betting on a heavy favorite in a horse race. You’ll probably win but there’s room for major disappointment. Sure, pre-approvals have benefits. The best ones […]
BMO slashes 5-year mortgage rate to 2.99%
“The Bank of Montreal is slashing its five-year fixed-rate mortgage to levels that caused former finance minister Jim Flaherty to express concerns last year. The bank says it will offer a five-year rate of 2.99 per cent, […]
Gen Y is redefining home ownership – and the B.C. real estate market
“Imagine living in 700 square feet of space, in an apartment, centrally located, stylishly appointed, with stainless steel appliances and public amenities such as a dog wash station. You don’t own a car; instead, you […]
Here we go again with dropping mortgage rates
“TORONTO • Falling bonds yields could push mortgage rates lower in coming weeks as banks compete in the spring housing market, traditionally the strongest real estate period of the year. Rob McLister, editor of Canadian […]
Nest Egg: The lowdown on low down payments
“Hot markets and cold feet might keep some people out of the housing market, but a lack of upfront cash doesn’t have to be an obstacle. While it’s long been the convention in the industry […]
5 Common First-Time Home Buyer Mistakes
1. They don’t ask enough questions of their lender and end up missing out on the best deal. 2. They don’t act quickly enough to make a decision and someone else buys the house. 3. […]
10 Ways to Prepare for Home Ownership
1. Decide what you can afford. Generally, you can afford a home equal in value to between two and three times your gross income. 2. Develop your home wish list. Then, prioritize the features on […]