The Mortgage Life

Effective December 15, 2024 there are some MAJOR changes to insured mortgages. One big change is that purchases of up to $1.5M can now be insured mortgages which means your down payment can be less than 20%. Another change is bringing back 30 year amortizations on insured mortgages. Buyers who are ...

What DOES a mortgage broker do? Good question! And turns out Pete and Mindy could speak about it for days! In a nutshell, mortgage brokers are independent, licensed, regulated and educated professionals who are absolutely determined to understand their clients financing needs! Have a listen to ...

The Bank of Canada dropped the overnight lending rate by 1/4 % today. Check out this episode for our analysis of the rate drop and what's coming for possible future cuts.

For the second time in a row, the Bank of Canada has dropped their rate!

Check out this episode where Pete and Mindy discuss some of the things you might want to think about as a first time home buyer.

We chat with Brendon Ogmundson, the chief economist for the BC Real Estate Association, to find out what he thinks about the current state of interest rates. Brendon explains the recent Bank of Canada rate drop and the potential for future rate decreases. Does the Bank of Canada have any effect on ...