| Term | Bank Rate | Our Rate |
| 1 Year | 3.14 % | 2.14 % |
| 2 Year | 3.19 % | 1.99 % |
| 3 Year | 3.49 % | 2.44 % |
| 4 Year | 3.74 % | 2.64 % |
| 5 Year | 4.59 % | 2.49 % |
| 7 Year | 5.35 % | 2.79 % |
| 10 Year | 5.60 % | 2.99 % |
The province’s housing market is at a “historically low supply,” according to the B.C. Real Estate Association. According to the association, active residential listings were down nearly 40 per cent year-over-year for October, continuing a five-month downward trend. A total of 9,593 residential unit sales were recorded in October, a drop of 13.7 per cent
It’s well known that Spring is the busiest season for home sales. But just because Spring is a busier real estate season than the others doesn’t make it better for buyers. Buying a home in winter has its advantages, but also brings its own set of challenges. Being aware of both the pros and cons
Canadians are scrambling to get mortgage pre-approvals and rate holds before the era of low interest rates comes to an end, as some economists predict. Real estate and mortgage brokers say their clients are increasingly seeking ways to hold on to current rates because many housing markets like Toronto are facing heated conditions making it
