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Interest rates on the rise soon!

Are you familiar with our Mortgage rules and policies? Last week, Bank of Canada governor Stephen Poloz said that despite the latest decision to hold the benchmark figure at 1.75%, interest rates would still need to rise as soon as the various pressures suppressing economic growth ease. Many Canadian consumers have admitted to being unfamiliar of the multiple rules and policies that govern their capability to purchase homes, according to a new TD study. The poll, which surveyed 1,901 owners and hopeful buyers nationwide, found that an alarming 81% of Canadians professed a lack of understanding on how a potential mortgage rate hike will affect their finances.Full Article Link …

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New Listings

There are 4720 properties for sale on the MLS in Vancouver and Burnaby
Price Type Area Description Provided By
Add to Cart $926000 Attached Brentwood Park Brand new unit! Fulton House b… Royal Pacific Realty Corp.
Add to Cart $549000 Attached Cambie Wow! BRIGHT AND BEAUTIFUL top … RE/MAX Westcoast
Add to Cart $549000 Attached South Slope Welcome to this charming encla… Sutton Group-West Coast Realty
Add to Cart $1449000 Detached Fraserview VE Opportunity knocks! Live, inve… Oakwyn Realty Ltd.
Add to Cart $545000 Attached Collingwood VE Welcome to Nexus by Bosa Prope… Macdonald Realty Westmar
Add to Cart $475000 Attached Downtown NW Fantastic layout with windows … RE/MAX All Points Realty
Add to Cart $452000 Attached Collingwood VE Shows like new! South facing s… One Percent Realty Ltd.
Add to Cart $2350000 Detached Canyon Heights NV What a great home!! This is tr… RE/MAX Crest Realty
Add to Cart $1188000 Attached Lower Lonsdale What a great home!! Pleasure t… RE/MAX Crest Realty
Add to Cart $595000 Attached Collingwood VE CENTRAL LOCATION! Well kept un… Team 3000 Realty Ltd.