| Term | Bank Rate | Our Rate |
| 1 Year | 3.14 % | 1.64 % |
| 2 Year | 3.19 % | 1.54 % |
| 3 Year | 3.49 % | 1.54 % |
| 4 Year | 3.74 % | 1.79 % |
| 5 Year | 4.59 % | 1.88 % |
| 7 Year | 5.35 % | 2.44 % |
| 10 Year | 5.60 % | 2.89 % |
New rules proposed by the federal government to curb financial risks associated with the country’s hot housing markets could make it more difficult to secure a mortgage. The Office of the Superintendent of Financial Institutions’ new guidelines proposed Thursday include stress tests for uninsured mortgages — loans secured with a deposit of at least 20 per cent on the value of
Vancouver – “In a red-hot real estate market where inventory is low, prices are high and competition is fierce, the seller holds exponentially much more power than the buyer. Multiple offers have become the new normal in the Vancouver market, with many properties selling for hundreds of thousands of dollars over the asking price.
People ask the question all the time: “Why should I use you? Why not just go to my bank?” There are a lot of reasons. Watch this video blog for my explanation. [flashvideo file=wp-content/uploads/2010/01/Why-Use-Me.flv /] Transcription of the Video Blog: Hey everybody, Rowan Smith from the Mortgage Centre. I got several comments back on some
