Karen Boies

Mortgage Planner

  • Underground Oil Tanks — What You Need to Know

    Many homes in the Greater Vancouver area built before 1957 were originally heated with furnace oil. When natural gas became available, the oil storage tanks, which were normally located underground in backyards, were filled with sand or capped. However, as these unused buried oil tanks start to corrode and rust, the remaining oil can leak

  • The Latest in Mortgage News – All Eyes on the BoC

    For those with a vested interest in mortgage rates—particularly variable-rate mortgage holders—tomorrow’s Bank of Canada rate decision has become one of the most-anticipated financial events of the quarter. Expectations of a rate hike have seesawed from a near certainty to a coin toss and back to a sound bet. Markets are currently 92% priced in

  • The new hot housing market for Chinese real estate shoppers

    Montreal was the hot Canadian real estate market for Chinese nationals last year as interest slipped in Toronto and Vancouver following the introduction of foreign buyers taxes, says a report from a website for buyers of overseas properties. Juwai.com said Chinese buyers inquired about US$1.45 billion worth of Canadian properties in 2017. Interest in Montreal