Karen Boies

Mortgage Planner

  • First Time Homebuyers’ & BC’s Property Transfer Tax

    Despite the fact that the Property Transfer Tax has been in force for a long time now, I am still consistently asked about how the First Time Home Buyers’ exemption works. These questions are not only coming from first time buyers but realtors as well. Therefore, I thought this would be a great topic to

  • RBC leads again with new rate drops

    RBC leads the way again today by announcing lower posted rates on their one, four and five year fixed rate terms. We can expect the other major lenders to follow suit over the next couple of days. Press release and full details here.

  • No changes by Bank of Canada today

    The Bank of Canada held it’s key lending rate at 0.25% today as most analysts expected. Surprisingly though, they maintained that their outlook that was provided in October was still on target. This despite some recent economic indicators that were not as strong as original forecast nor hoped for. They reiterated their conditional commitment to