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High Fees on Bank Mortgages? Talk to Me!

19MAY
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UPDATE: Strata Duplexes Okay Again

CMHC has just announced that they will now be insuring mortgages on “non-conforming stratas” again. This reverses an earlier decision (see previous post). A requirement is that title insurance must be taken out. This is super news for both buyers and sellers. Now buyers can go as low as 5% down again! No updates from
- Posted by Wayne Mah
- First-Time Buyers
- Market Update
- Real Estate
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19MAY
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HSBC Out Of Broker Network

HSBC Bank Canada announced today that they will no longer be originating mortgages via brokers. This is effective immediately. Along with this, they will also be winding down and closing their outside mortgage sales force department. All future mortgage origination will be done via their branch network. Although HSBC has never been a major player
- Posted by Wayne Mah
- Market Update
- Mortgage Rates
- Real Estate
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11MAY
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Fixed versus Variable rates – Finding the Right Strategy For You!

Fixed Versus Variable Mortgage Rates – Finding the Right Strategy for You! Many property buyers and current mortgage holders are faced with a major decision: Should you choose a fixed or variable rate? Recent fixed rate increases have made this decision more difficult, as the spread between the two has increased, making the low variable
- Posted by Dara Fahy
- Uncategorized
- vancouver real estate
- variable floating mortgage rates
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