| Term | Bank Rate | Our Rate |
| 1 Year | 6.09 % | 5.19 % |
| 2 Year | 5.79 % | 5.19 % |
| 3 Year | 5.78 % | 5.19 % |
| 4 Year | 6.09 % | 5.19 % |
| 5 Year | 6.34 % | 5.04 % |
| 7 Year | 6.60 % | 5.84 % |
| 10 Year | 6.85 % | 5.69 % |
“For the first time in almost two decades, British Columbia will require real estate purchasers to disclose citizenship details starting next month, as Metro Vancouver’s red-hot housing market fuels concerns about foreign investment. The new requirements, aimed at answering whether foreign ownership is driving up housing prices, go beyond the data that are supposed to
April 19th, 2010 is the date, and the new mortgage rule changes go into effect today. Our office did a presentation to 50 realtors and clients last week, and below are the three videos that came from it where the changes are discussed at much, much greater length than previously. Enjoy! Transcription of Video Blogs
I took more calls today than I could count asking, “Is it too late to get in under the old rules?” The short answer is: “YES” The reality is that lenders are swamped with applications from people that got them in within the last 7 days. They’ve been working around the clock to the mortgages
