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  • Rates

    effective February 3, 2023

    Term Bank Rate Our Rate
    1 Year 6.09 % 5.19 %
    2 Year 5.79 % 5.19 %
    3 Year 5.78 % 4.89 %
    4 Year 6.09 % 4.79 %
    5 Year 6.34 % 4.64 %
    7 Year 6.60 % 5.54 %
    10 Year 6.85 % 5.24 %
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    • Beware Of The B.C. Property Tax Deferral Program
    • 05JUN
      1 Comment

      Beware Of The B.C. Property Tax Deferral Program

      This week all B.C. homeowners started receiving their annual property tax bills and inside there is information about the new option to defer the payment of them if you meet certain criteria. I previously wrote about this under 2010 BC Budget Homeowner Changes. So if you qualify, why not take advantage of this? Most certainly

      • Posted by Wayne Mah
      • Educational
      • First-Time Buyers
      • Opinion
      • Real Estate
      • Refinance or Renewals
      More
    • 08MAR
      0 Comments

      CMHC Business For Self Stated Income Program Changed

      The CMHC Simplified Program has been tightened up and modified. A brief background… This program was introduced just a few short years ago to assist self-employed individuals in the purchase of a home. Many clients in this category have a difficult time in easily providing proof of their income depending on how their company is

      • Posted by Wayne Mah
      • Market Update
      • Real Estate
      • Refinance or Renewals
      • Self-employed
      More
    • 06MAR
      0 Comments

      Posted 5 Year Rate Confirmed As New Qualifying Rate

      It has now been confirmed that the new qualifying rate, effective April 19, 2010, for all CMHC insured mortgages will be as follows: The greater of the chartered bank’s posted 5 year term rate or the contract rate. This will apply to all variable rate mortgages and for fixed rate terms under 5 years. We were

      • Posted by Wayne Mah
      • Bank of Canada
      • First-Time Buyers
      • Market Update
      • Mortgage Rates
      • Opinion
      • Refinance or Renewals
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    Recent Company Posts

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    Wayne Mah, A.M.P.

    wayne@citywidemortgage.ca
    T: 604-880-1899
    F: 604-257-2605

    Contact Info

    • 103-1245 West Broadway
      604-257-2600
    • Vancouver, BC
      1-800-774-8818
    • V6H 1G7

    cwf@citywidemortgage.ca

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