| Term | Bank Rate | Our Rate |
| 1 Year | 7.84 % | 6.74 % |
| 2 Year | 7.34 % | 6.09 % |
| 3 Year | 7.14 % | 4.79 % |
| 4 Year | 6.99 % | 4.99 % |
| 5 Year | 7.04 % | 4.74 % |
| 7 Year | 7.10 % | 5.59 % |
| 10 Year | 7.25 % | 5.84 % |
The 2011 BC Property Assessments are now available online and many homeowners have received a copy in the mail. This has triggered many inquiries from my clients, wanting to know if they can dispute the assessed value and in turn reduce their tax bill. The simple answer is yes, but is it worthwhile? I recently
Will Dunning, Chief Economist for the Canadian Association of Accredited Mortgage Professionals (CAAMP), of which I am a member, wrote an article for the Mortgage Journal called “Keep an Eye on Wealth Effects”. What is the ‘Wealth Effect’? It’s really all about perception…. our perception of wealth, particularly with respect to the value of our
I have received a few calls from my mortgage clients who are out there looking for their ideal home. They have found a home that will require renovations to bring it up to the standard they want. They want to know what their options are? There is an insured mortgage option called “Purchase Plus Improvements”.
