Jul 12, 2017
Bank of Canada raises interest rates for first time in 7 years
Bank of Canada has raised their overnight rate by 0.25%, bringing it to 0.75%. Which for most lenders has increased their Prime rate to...
Feb 21, 2017
Increase on Maximum Purchase Price for the Property Transfer Tax Exemption | First Time Buyers
To address housing affordability, the B.C. government announced in its budget for 2017 that it will be increasing the threshold of the...
Jan 17, 2017
CMHC to Increase Mortgage Insurance Premiums
CMHC is increasing its homeowner mortgage loan insurance premiums Effective March 17, 2017 For the average CMHC-insured homebuyer, the...