When buying a home these days, it’s almost automatic that most people will go ahead and factor in buying home insurance as well. Most people in Nanaimo and the rest of Vancouver Island know
In today’s world secondary suites can come in wide variety of styles and appearances. If you’ve thought about building a secondary suite but don’t want one as an integral part of your home, then a
Secondary suites are very popular items in Nanaimo, and can be an excellent source of ongoing revenue, if done properly. Variously called mortgage helpers or in-law suites, these units are in essence self-contained apartments built
“Homes sales were up on a month-over-month basis once again in November, and that trend is expected to continue in light of upcoming mortgage rule changes. “Recently announced changes to mortgage regulations will likely boost
“If you thought mortgage rates could not go any lower, you were wrong. Investors Group is rocking the mortgage world with what appears to be the deepest discount in Canadian history on a floating rate
“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
“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,
“Mortgage costs, not just house prices, are the principal deciding factor for potential home buyers. This makes comparison of monthly payments to incomes and rents more relevant than similar comparisons using house prices alone. Slowly
“Both total CPI and core inflation in Canada are still expected to follow roughly the path outlined in the January Monetary Policy Report, although recent readings were slightly higher than expected. Excess supply in the economy
“Canada Mortgage and Housing Corp. has raised mortgage insurance premiums for the first time since the 1990s, and signalled more hikes could be on the way.” “CMHC executives said the higher premiums would mean an
