by Denise Dykes | Jun 20, 2018 | Buyer Tips, Foreclosure Info, General News
More people are using their homes to secure a personal loan. According to Better Dwelling. However, the number of people using their homes to secure a business loan has dropped considerably. Canadians Secured Over $279 Billion Worth Of Loans With Their Homes The total...
by Denise Dykes | Jun 13, 2018 | Buyer Tips, General News
More than seven in 10 Canadian first-time home buyers (71 per cent) are afraid that they’ll be hit by unanticipated costs during the process, according to a new survey by TD Bank. Over half of the respondents (56 per cent) agreed that they are “afraid that...
by Denise Dykes | Jun 6, 2018 | About Prince George, Interest Rates
It’s not a question of if, but when. The Bank of Canada held its trend-setting interest rate at 1.25 per cent today, where it has sat since January, but another hike is widely expected as soon as July. With all economic factors looking up, the BoC strongly hinted it’s...
by Denise Dykes | May 29, 2018 | General News
Governor Stephen Poloz is expected to take a wait and see approach with the interest rates tomorrow. This is a cautious approach given the current financial issues facing Canada. Renegotiating NAFTA, tariffs, softwood lumber and more. Analysts think that it is only a...
by Denise Dykes | May 24, 2018 | Buyer Tips
In April, Prince George’s unemployment rate was 5.4 per cent, a decrease of 0.9 per cent when compared to the same month in 2017 when it was 6.3 per cent, according to the city’s latest economic update. The unemployment rate of 5.4 per cent for Prince George was...
by Denise Dykes | May 15, 2018 | Buyer Tips
As of April 30, the Canadian Real Estate Association (CREA) has formally requested an amendment to Bill C-45, calling on the federal government enact a moratorium on home cultivation until a national framework is developed and implemented in all provinces. Under new...
by Denise Dykes | May 8, 2018 | General News
In a new report released earlier this week, BMO noted that the prospect of rising interest rates does not appear to be discouraging Canadians sufficiently from buying homes. 23% are still planning to purchase their primary residences in the next year, for an average...
by Denise Dykes | May 1, 2018 | Buyer Tips, Foreclosure Info, General News
“Historically, the majority of Canadians who shop for mortgage rates have taken a variable rate the majority of the time,” says Dan Eisner, CEO of True North Mortgage in Calgary. “But not these days.” Since January 2014, 56% of Canadian borrowers who applied for a...
by Denise Dykes | Apr 24, 2018 | Buyer Tips
A report from Westerne Investor had good things to say about commercial realty in British Columbia. British Columbia commercial real estate investment activity and dollar volume achieved record heights in 2017 with the disposition of 230 office, industrial and retail...
by Denise Dykes | Apr 10, 2018 | Buyer Tips
Kind words from a client. I am so lucky to be able to have such an impact on people’s lives.
by Denise Dykes | Apr 10, 2018 | General News
The Government of BC recently enacted some regulations with the intention slowing skyrocketing prices. However, these and other coming regulations could have devastating effects not just on the real estate market but the economy as a whole. According to the BC Real...
by Denise Dykes | Apr 3, 2018 | General News
There has been a lot of talk lately about the Canadian Government’s decision to legalize pot. Bill C-45 as it is known allows for home cultivation of pot. Canadian ReaL Estate Association’s Michael Borque recently wrote a great piece in the Financial Post...
